Market News

Penn Capital Management Co Has Upped By $504,966 Its Pinnacle Finl Partners (PNFP) Stake; Profile of 4 Analysts Covering WEC Energy Group, Inc. (WEC)

WEC Energy Group, Inc. (NYSE:WEC) Logo

Penn Capital Management Co Inc increased Pinnacle Finl Partners Inc (PNFP) stake by 22.62% reported in 2018Q1 SEC filing. Penn Capital Management Co Inc acquired 7,651 shares as Pinnacle Finl Partners Inc (PNFP)’s stock rose 1.43%. The Penn Capital Management Co Inc holds 41,475 shares with $2.77 million value, up from 33,824 last quarter. Pinnacle Finl Partners Inc now has $4.93 billion valuation. The stock decreased 2.44% or $1.6 during the last trading session, reaching $63.9. About 861,135 shares traded or 44.07% up from the average. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 9.17% since June 17, 2017 and is uptrending. It has underperformed by 3.40% the S&P500. Some Historical PNFP News: ; 16/04/2018 – Pinnacle Financial 1Q EPS 7c; 23/04/2018 – Pinnacle Financial Presenting at Wells Fargo Conference May 23; 21/05/2018 – Pinnacle Financial Partners Hires Top Tier Banking Leader as President of South Carolina Coastal Region; 26/03/2018 Hartford MidCap Adds Pinnacle Financial; 30/05/2018 – Pinnacle Financial Group Dinner Set By SunTrust for Jun. 6; 17/04/2018 – Pinnacle Financial Partners Announces 1Q18 Dividend; 08/05/2018 – MARCUS & MILLICHAP,: PACT TO BUY PINNACLE FINANCIAL GROUP; 16/04/2018 – Pinnacle Financial 1Q Rev $218.7M; 16/04/2018 – Correct: Pinnacle Financial 1Q EPS $1.08, Not 7 Cents; 17/04/2018 – Pinnacle Financial Declares Quarter Cash Dividend of 14c

Among 14 analysts covering Wisconsin Energy Corporation (NYSE:WEC), 4 have Buy rating, 1 Sell and 9 Hold. Therefore 29% are positive. Wisconsin Energy Corporation had 31 analyst reports since July 28, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Neutral” rating and $67 target in Wednesday, May 2 report. The stock has “Buy” rating by Guggenheim on Tuesday, January 2. The stock of WEC Energy Group, Inc. (NYSE:WEC) earned “Buy” rating by Goldman Sachs on Tuesday, July 28. The firm has “Outperform” rating by Wells Fargo given on Tuesday, September 8. The stock of WEC Energy Group, Inc. (NYSE:WEC) has “Hold” rating given on Tuesday, October 24 by Bank of America. The firm has “Neutral” rating by UBS given on Monday, May 9. Mizuho maintained the stock with “Buy” rating in Friday, September 18 report. Goldman Sachs downgraded WEC Energy Group, Inc. (NYSE:WEC) on Wednesday, January 27 to “Neutral” rating. The company was downgraded on Monday, June 26 by Goldman Sachs. Goldman Sachs upgraded WEC Energy Group, Inc. (NYSE:WEC) rating on Monday, August 31. Goldman Sachs has “Conviction Buy List” rating and $52 target. See WEC Energy Group, Inc. (NYSE:WEC) latest ratings:

23/05/2018 Broker: Bank of America Rating: Buy New Target: $65.0000 Upgrade
02/05/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $65 New Target: $67 Maintain
13/04/2018 Broker: Citigroup Rating: Neutral New Target: $61 Initiates Coverage On
23/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $65 New Target: $63 Maintain
02/02/2018 Broker: UBS Rating: Neutral New Target: $65 Initiates Coverage On
01/02/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $73 New Target: $71 Maintain
02/01/2018 Broker: Guggenheim Rating: Buy New Target: $73.0 Maintain

Among 15 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Pinnacle Financial Partners had 44 analyst reports since July 23, 2015 according to SRatingsIntel. As per Wednesday, January 25, the company rating was upgraded by Sandler O’Neill. The company was maintained on Thursday, January 18 by Stephens. Hilliard Lyons downgraded Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Thursday, October 20 to “Neutral” rating. Piper Jaffray initiated the shares of PNFP in report on Monday, August 24 with “Neutral” rating. Sandler O’Neill maintained Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) rating on Thursday, January 18. Sandler O’Neill has “Buy” rating and $76.0 target. The rating was downgraded by Stephens on Wednesday, January 18 to “Equal-Weight”. The firm earned “Buy” rating on Wednesday, April 18 by Hovde Group. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) earned “Mkt Perform” rating by Keefe Bruyette & Woods on Thursday, October 20. The rating was maintained by SunTrust with “Buy” on Wednesday, October 18. Keefe Bruyette & Woods upgraded Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) rating on Thursday, February 15. Keefe Bruyette & Woods has “Buy” rating and $78.0 target.

Penn Capital Management Co Inc decreased Lindblad Expeditions Hldgs I stake by 62,822 shares to 214,200 valued at $2.20 million in 2018Q1. It also reduced Affiliated Managers Group (NYSE:AMG) stake by 3,201 shares and now owns 22,185 shares. Community Bankers Tr Corp (NASDAQ:ESXB) was reduced too.

More news for Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) were recently published by: Seekingalpha.com, which released: “Pinnacle Financial Partners (PNFP) Investor Presentation – Slideshow” on June 08, 2018. Businesswire.com‘s article titled: “Pinnacle Financial Partners to Offer Webcast of June 7 Investor Day” and published on June 05, 2018 is yet another important article.

Investors sentiment increased to 1.33 in Q1 2018. Its up 0.37, from 0.96 in 2017Q4. It increased, as 24 investors sold PNFP shares while 71 reduced holdings. 34 funds opened positions while 92 raised stakes. 56.67 million shares or 3.04% less from 58.45 million shares in 2017Q4 were reported. Rafferty Asset Management Limited Liability Com, a New York-based fund reported 24,037 shares. Fdx Advisors Inc owns 6,100 shares or 0.01% of their US portfolio. Atlantic Trust Group Ltd, Georgia-based fund reported 2,251 shares. Salzhauer Michael reported 0.92% stake. 10,110 are owned by Hl Fincl Ltd. California-based Aperio Grp Inc Ltd Liability Corp has invested 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). 16,887 are owned by Etrade Capital Mgmt Ltd. Walleye Trading Lc holds 30,665 shares. Profund Advsr Ltd invested in 11,982 shares or 0.03% of the stock. Raymond James Fin Advisors owns 101,108 shares or 0.04% of their US portfolio. Riverhead Cap Mngmt Lc reported 0.02% stake. Asset Incorporated owns 3,972 shares. Geode Cap Limited Liability Co invested in 0.01% or 658,515 shares. Elizabeth Park Capital Advsr Limited invested 3.82% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Synovus Corp invested in 189 shares or 0% of the stock.

Since January 8, 2018, it had 0 insider buys, and 16 insider sales for $10.77 million activity. Scott Gary L sold $61,548 worth of stock. Samuel Ronald L also sold $190,410 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Tuesday, January 30. The insider LOUGHRY ED C JR sold 1,873 shares worth $120,434. $1.43M worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was sold by QUEENER HUGH M on Tuesday, March 6. Another trade for 31,171 shares valued at $2.09 million was sold by TURNER M TERRY. MCCABE ROBERT A JR sold $1.32M worth of stock or 19,515 shares. The insider Brock Charles E sold 2,162 shares worth $139,900.

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company has market cap of $19.12 billion. The firm operates through Wisconsin, Illinois, Other States, Electric Transmission, We Power, and Corporate and Other divisions. It has a 15.99 P/E ratio. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.

The stock increased 1.24% or $0.74 during the last trading session, reaching $60.6. About 4.14M shares traded or 139.63% up from the average. WEC Energy Group, Inc. (NYSE:WEC) has risen 0.06% since June 17, 2017 and is uptrending. It has underperformed by 12.51% the S&P500. Some Historical WEC News: ; 19/04/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within BIOHAVEN PHARM, WEC Energy Group, Axon Enterprise, Tutor Pe; 01/05/2018 – WEC Energy Group 1Q Rev $2.29B; 14/03/2018 – WEC Energy Group recognized nationally for research and development; 02/05/2018 – Wells Fargo Advisors LLC Exits Position in WEC Energy; 14/05/2018 – WEC ENERGY GROUP INC SAYS INCREASING 5-YEAR CAPITAL PLAN BY $2.1 BLN – SEC FILING; 01/05/2018 – WEC Energy Group Reaffirms 2018 EPS View of $3.26-$3.30, With an Expectation of Reaching the Top End of the Range; 30/05/2018 – ALLIANT ENERGY CORP – ALLIANT ENERGY’S WISCONSIN ENERGY COMPANY FILED PLANS WITH PUBLIC SERVICE COMMISSION OF WISCONSIN TO BUILD WIND PROJECT; 17/04/2018 – KP INKASO WEC SA KPI.WA – SIGNS FACTORING AGREEMENT WITH CO FROM MINING INDUSTRY; 22/04/2018 – DJ WEC Energy Group Inc, Inst Holders, 1Q 2018 (WEC); 16/05/2018 – KP INKASO WEC SA KPI.WA – HAS BEEN CHOSEN BY ENERGY PROVIDER TO SERVICE ITS RECEIVABLES

Since February 22, 2018, it had 0 insider purchases, and 2 insider sales for $223,503 activity. BOWLES BARBARA L also sold $120,382 worth of WEC Energy Group, Inc. (NYSE:WEC) shares. $103,121 worth of stock was sold by PAYNE ULICE JR on Friday, May 4.

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *