Pinnacle West Capital Corporation (NYSE:PNW) has analysts on the Bullish side this week.





September 5, 2017 – By Ellis Scott







Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.07, from 1.04 in 2016Q3. It dropped, as 35 investors sold Pinnacle West Capital Corporation shares while 148 reduced holdings. 44 funds opened positions while 133 raised stakes. 88.80 million shares or 0.89% more from 88.02 million shares in 2016Q3 were reported.
Great Lakes Advsr Ltd Liability Corp holds 0.01% or 5,532 shares in its portfolio. Virtu Fin Ltd Co accumulated 0.06% or 6,929 shares. Us Bankshares De has invested 0.02% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). World Invsts has invested 0.05% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Crossvault Cap Mgmt Limited Liability Company has invested 0.14% in Pinnacle West Capital Corporation (NYSE:PNW). Shell Asset Management owns 41,586 shares or 0.09% of their US portfolio. Gateway Investment Advisers Llc stated it has 0.06% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Aberdeen Asset Mngmt Public Ltd Uk has 0.02% invested in Pinnacle West Capital Corporation (NYSE:PNW). Virginia Retirement System Et Al has 0.29% invested in Pinnacle West Capital Corporation (NYSE:PNW) for 264,000 shares. Sg Americas Secs Limited Liability Com holds 0.01% or 18,974 shares. Natixis Asset Management holds 0.04% or 5,480 shares. Opus Incorporated reported 59,900 shares. First Manhattan owns 29,895 shares or 0.01% of their US portfolio. Chilton Limited Company owns 2,707 shares. 56,618 are held by Bnp Paribas Arbitrage.

Since March 6, 2017, it had 0 insider buys, and 8 selling transactions for $6.90 million activity. GOMEZ BARBARA M also sold $159,600 worth of Pinnacle West Capital Corporation (NYSE:PNW) on Tuesday, May 16. HATFIELD JAMES R sold $843,499 worth of Pinnacle West Capital Corporation (NYSE:PNW) on Thursday, May 4. MUNRO KATHRYN L sold $469,328 worth of stock. HATFIELD JOHN S. also sold $191,687 worth of Pinnacle West Capital Corporation (NYSE:PNW) shares. Cortese Denis A. sold $148,918 worth of Pinnacle West Capital Corporation (NYSE:PNW) on Thursday, May 11. Another trade for 52,134 shares valued at $4.42 million was sold by BRANDT DONALD E.

Pinnacle West Capital Corporation (NYSE:PNW) Ratings Coverage

Among 11 analysts covering Pinnacle West Capital Corporation (NYSE:PNW), 0 have Buy rating, 1 Sell and 10 Hold. Therefore 0 are positive. Pinnacle West Capital Corporation had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Tuesday, January 12 by Bank of America. Goldman Sachs downgraded the shares of PNW in report on Monday, October 19 to “Sell” rating. The stock of Pinnacle West Capital Corporation (NYSE:PNW) earned “Neutral” rating by Mizuho on Monday, February 27. The firm earned “Hold” rating on Sunday, July 23 by RBC Capital Markets. The rating was maintained by Mizuho with “Neutral” on Monday, February 8. On Monday, August 17 the stock rating was upgraded by Zacks to “Sell”. The company was upgraded on Monday, October 10 by Williams Capital Group. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, June 20. As per Tuesday, August 30, the company rating was maintained by Williams Capital Group. As per Friday, March 18, the company rating was maintained by Barclays Capital. Below is a list of Pinnacle West Capital Corporation (NYSE:PNW) latest ratings and price target changes.

27/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $89.0 Maintain
10/08/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $79 New Target: $83 Maintain
03/08/2017 Broker: BMO Capital Markets Rating: Hold New Target: $89.0000 Maintain
23/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $89.0000 Maintain
07/03/2017 Broker: Williams Capital Group Old Rating: Buy New Rating: Hold New Target: $79.00 Downgrade

About 77,234 shares traded. Pinnacle West Capital Corporation (NYSE:PNW) has risen 18.43% since September 5, 2016 and is uptrending. It has outperformed by 1.73% the S&P500.

Pinnacle West Capital Corporation is a holding firm that operates through its subsidiaries. The company has market cap of $10.00 billion. The Firm operates through regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses and related activities, and includes electricity generation, transmission and distribution. It has a 19.82 P/E ratio. It owned and leased 6,236 megawatt of regulated generation capacity and the Company held a mix of both long-term and short-term purchased power agreements for additional capacity, including agreements for the purchase of renewable energy, as of December 31, 2016.

More important recent Pinnacle West Capital Corporation (NYSE:PNW) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: NRG Energy, Pinnacle West Capital and Suburban Propane …” on July 26, 2017, also Seekingalpha.com published article titled: “Pinnacle West Capital’s (PNW) CEO Don Brandt on Q2 2017 Results – Earnings …”, Seekingalpha.com published: “Pinnacle West Capital’s (PNW) CEO Don Brandt on Q1 2017 Results – Earnings …” on May 02, 2017. More interesting news about Pinnacle West Capital Corporation (NYSE:PNW) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Pinnacle West Capital, TD Ameritrade Holding and Bank of …” with publication date: January 26, 2017.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Leave a Reply

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

*

1 + fifteen =