Pinnacle Finl Ptnrs (NASDAQ:PNFP).
Polaris Capital Management, LLC reports that it sold 20,000 shares during the last quarter decreasing its exposure to Pinnacle Finl Ptnrs by 8.2%. Its position stood at $14,944,000 a decrease of 2.2% according to the filing.
Several firms have shifted positions in (PNFP). Dimensional Fund Advisors Lp trimmed its holdings by shedding 325,673 shares a decrease of 18.9%. Dimensional Fund Advisors Lp now controls 1,393,841 shares valued at $93,316,000. The value of the position overall is down by 13.6%. As of the end of the quarter Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had acquired 180 shares growing its holdings by 1.7%. The value of the investment in PNFP increased from $664,000 to $720,000 a change of $56,000 quarter over quarter.
Raymond James & Associates augmented its stake by buying 21,310 shares an increase of 20.8% in the quarter. Raymond James & Associates now holds 123,614 shares with a value of $8,276,000. The total value of its holdings increased 28.8%.
October 20 investment analysts at SunTrust Banks kept the stock rating at “Buy” targeting a price of $74.00.
On October 19 Piper Jaffray Companies held the company rating at “Buy” projecting a price of $74.00.
On October 5 Piper Jaffray Companies maintained a company rating of “Overweight” with a current price target of $72.00. October 4 investment analysts at SunTrust Banks made no change to the company rating of “Buy” projecting a price of $73.00.
The company is now up by 0.39% since yesterday’s close of 64.75. The company currently has a P/E ratio of 20.08 and the market cap of the company is 5.05B. As of the last earnings report the EPS was $3.24 with 77.65M shares now outstanding.
Short traders are more bullish on the company recently if you watch the downtick in short interest. The company experienced a fall in short interest of -6.32% as of October 13, 2017 from the last reporting period. Short shares fell from 2,047,808 to 1,918,305 over that timeframe. With short interest at 1,918,305 and short average daily volume at 272,880, the short-interest ratio is 7.0 and the short interest percentage is 0.02% as of October 13.