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Texas Permanent School Fund Has Lifted Its Pinnacle Finl Partners (PNFP) Position; Mark Asset Management Has Boosted By $3.06 Million Its Bank Of America (BAC) Holding

Mark Asset Management Corp increased Bank Of America Corp (BAC) stake by 1203.17% reported in 2017Q2 SEC filing. Mark Asset Management Corp acquired 127,536 shares as Bank Of America Corp (BAC)’s stock declined 6.00%. The Mark Asset Management Corp holds 138,136 shares with $3.35M value, up from 10,600 last quarter. Bank Of America Corp now has $299.67B valuation. The stock decreased 0.38% or $0.11 during the last trading session, reaching $28.73. About 60.62M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since December 15, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

Texas Permanent School Fund increased Pinnacle Finl Partners Inc (PNFP) stake by 56.19% reported in 2017Q2 SEC filing. Texas Permanent School Fund acquired 19,030 shares as Pinnacle Finl Partners Inc (PNFP)’s stock declined 14.16%. The Texas Permanent School Fund holds 52,896 shares with $3.32 million value, up from 33,866 last quarter. Pinnacle Finl Partners Inc now has $5.00B valuation. The stock decreased 1.37% or $0.9 during the last trading session, reaching $64.85. About 356,363 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 26.22% since December 15, 2016 and is uptrending. It has outperformed by 9.52% the S&P500.

Among 12 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Pinnacle Financial Partners had 28 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Hilliard Lyons on Friday, October 20 to “Neutral”. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) earned “Outperform” rating by Wood on Friday, September 11. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Thursday, October 20. The rating was reinitiated by PiperJaffray on Thursday, October 5 with “Overweight”. The stock has “Market Perform” rating by FIG Partners on Monday, July 27. The company was upgraded on Wednesday, January 25 by Sandler O’Neill. The firm has “Hold” rating by Stephens given on Thursday, July 20. As per Wednesday, November 8, the company rating was upgraded by Hilliard Lyons. The company was maintained on Thursday, November 30 by Piper Jaffray. The firm has “Sector Perform” rating given on Wednesday, July 22 by Portales Partners.

Investors sentiment decreased to 1.47 in Q2 2017. Its down 0.92, from 2.39 in 2017Q1. It is negative, as 20 investors sold PNFP shares while 50 reduced holdings. 77 funds opened positions while 90 raised stakes. 53.10 million shares or 42.83% more from 37.18 million shares in 2017Q1 were reported. Tower Rech Capital Ltd Liability (Trc) accumulated 73 shares. Moreover, Regions has 0% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Cim Inv Mangement Inc has 0.13% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 5,858 shares. Mutual Of America Cap Management Limited Liability Co reported 0.12% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Ubs Asset Management Americas holds 0% or 161,393 shares in its portfolio. Sei invested in 0% or 4,378 shares. Capital Fund Management, France-based fund reported 3,700 shares. Fenimore Asset Management holds 0.82% or 313,928 shares. Moreover, Zacks Inv has 0.03% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Rmb Management holds 191,177 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt holds 0.01% or 10,581 shares in its portfolio. Northwestern Mutual Wealth Mngmt reported 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Bnp Paribas Arbitrage Sa invested in 27,358 shares or 0.01% of the stock. Lee Danner Bass has 128,933 shares for 0.91% of their portfolio. Advantus Mgmt Inc owns 0.02% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 9,143 shares.

Texas Permanent School Fund decreased Kinder Morgan Inc Del (NYSE:KMI) stake by 21,524 shares to 539,435 valued at $10.34 million in 2017Q2. It also reduced Pnc Finl Svcs Group Inc (NYSE:PNC) stake by 6,086 shares and now owns 135,961 shares. Pfizer Inc (NYSE:PFE) was reduced too.

Since August 22, 2017, it had 0 insider purchases, and 7 insider sales for $9.17 million activity. $1.19 million worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) shares were sold by CARPENTER HAROLD R. $4.71M worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was sold by MCCABE ROBERT A JR. On Tuesday, October 24 Samuel Ronald L sold $201,840 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 3,000 shares. $672,500 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was sold by Sloan Thomas R on Friday, October 20. CALLICUTT RICHARD D II had sold 30,000 shares worth $2.02M.

Investors sentiment decreased to 1.04 in 2017 Q2. Its down 0.08, from 1.12 in 2017Q1. It dived, as 79 investors sold BAC shares while 543 reduced holdings. 120 funds opened positions while 577 raised stakes. 6.34 billion shares or 0.73% less from 6.39 billion shares in 2017Q1 were reported. Ny State Common Retirement Fund owns 30.22 million shares for 0.97% of their portfolio. New York-based Focused Wealth Inc has invested 2.25% in Bank of America Corporation (NYSE:BAC). Moreover, Morgan Stanley has 0.41% invested in Bank of America Corporation (NYSE:BAC). Whittier Tru Com Of Nevada Incorporated has invested 0.2% in Bank of America Corporation (NYSE:BAC). Bailard Inc stated it has 19,752 shares or 0.04% of all its holdings. Beaumont Prns reported 14,074 shares. Lvm Capital Mgmt Ltd Mi has 0.05% invested in Bank of America Corporation (NYSE:BAC) for 8,801 shares. Duncker Streett owns 109,724 shares. Goldman Sachs Group Inc Inc Inc owns 63.45M shares. Wealth Architects Ltd Liability holds 27,309 shares. Nokota Mgmt Lp, a New York-based fund reported 4.98M shares. Raymond James Na, a Florida-based fund reported 250,723 shares. Hutchin Hill Lp has 28,100 shares for 0.02% of their portfolio. Summit Fincl Wealth Advisors Ltd Company, Louisiana-based fund reported 18,910 shares. Kj Harrison And Ptnrs, a Ontario – Canada-based fund reported 32,491 shares.

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 68% are positive. Bank of America had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 7 by Jefferies. Robert W. Baird downgraded the shares of BAC in report on Wednesday, November 16 to “Neutral” rating. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Credit Suisse on Thursday, June 1. Renaissance Macro Securities LLC maintained Bank of America Corporation (NYSE:BAC) rating on Sunday, July 23. Renaissance Macro Securities LLC has “Buy” rating and $2900 target. The stock has “Buy” rating by Citigroup on Wednesday, January 11. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Wednesday, April 5 by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, July 19 by Citigroup. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Monday, October 16 by Nomura. The rating was upgraded by Sandler O’Neill to “Buy” on Wednesday, January 20. Nomura maintained Bank of America Corporation (NYSE:BAC) on Tuesday, July 18 with “Buy” rating.

Mark Asset Management Corp decreased Facebook Inc (NASDAQ:FB) stake by 17,940 shares to 170,639 valued at $25.76M in 2017Q2. It also reduced Toll Brothers Inc (NYSE:TOL) stake by 36,927 shares and now owns 512,636 shares. Cl C was reduced too.

Since August 10, 2017, it had 0 buys, and 1 insider sale for $2.10 million activity. 86,763 shares were sold by BRAMBLE FRANK P, worth $2.10 million on Thursday, August 10.

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