“Big money” Positions

In Q4 2018 Pinnacle West Capital Corp (NYSE:PNW) big money sentiment increased to 1.35, according to SEC.gov filings. That’s up 0.19, from 2018Q3’s 1.16. 191 funds opened new or increased equity positions, while 141 reduced and sold positions in Pinnacle West Capital Corp so the sentiment increased. These funds own 93.30 million shares, that’s up from 89.43 million shares in 2018Q3. Funds holding Pinnacle West Capital Corp in top 10 changed to 0 from 0 for the same number . In total 18 funds closed positions, 123 reduced and 137 increased. Also 54 funds bought new Pinnacle West Capital Corp stakes.

Biggest Pinnacle West Capital Corp Shareholders

Duff & Phelps Investment Management Co owns 1.00 million shares in Pinnacle West Capital Corp as of Q4 2018. Pinnacle West Capital Corp’s shareholder Reaves W H & Co Inc owns 369,496 shares as of Q4 2018. In addition, Ronna Sue Cohen reported 17,626 shares in Pinnacle West Capital Corp equivalent to 1.12% of its portfolio. The Massachusetts-based fund Opus Investment Management Inc have invested about 1.01% of the institutional investor’s stock portfolio in Pinnacle West Capital Corp. The Georgia-based fund Gw Henssler & Associates Ltd holds 106,272 shares or 0.97% of their portfolio.

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona.The firm is valued at $10.61 billion. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar resources.The P/E ratio is 20.81. The firm serves approximately 1.2 million customers.

PNW is reaching $94.49 during the last trading session, after decreased 0.41%.Currently Pinnacle West Capital Corporation is uptrending after 19.97% change in last April 2, 2018. PNW has also 639,097 shares volume. PNW outperformed the S&P 500 by 15.60%.

On May, 1 WallStreet expected Pinnacle West Capital Corporation (NYSE:PNW)’s earnings release, as reported by Faxor. This year’s earnings per share analyst estimate is expected to be $0.12. That is 300.00 % up compareed to $0.03 earnings per share for last year. PNW’s profit could reach $13.47 million if the current earnings per share of $0.12 is accurate. Wall Street predicts -47.83 % negative EPS growth as of May, 1.

Deprince Race And Zollo, a Florida-based fund reported 253,025 shs. First Manhattan, New York-based fund reported 27,390 shs. Ftb Advsr Incorporated holds 0% or 15 shs in its capital. Ent Financial Corporation reported 51 shs or 0% of all its holdings. Icon Advisers stated it has 0.08% in Pinnacle West Capital Corporation (NYSE:PNW). Bridgewater Assoc Ltd Partnership reported 16,781 shs. 175,236 were accumulated by Alliancebernstein Ltd Partnership. British Columbia Inv has invested 0.07% in Pinnacle West Capital Corporation (NYSE:PNW). Comm Bank owns 5,907 shs for 0.01% of their capital. Nomura Asset Management Ltd stated it has 0.02% in Pinnacle West Capital Corporation (NYSE:PNW). Federated Pa stated it has 0.04% of its capital in Pinnacle West Capital Corporation (NYSE:PNW). Ajo L P holds 262,544 shs or 0.13% of its capital. Cohen & Steers accumulated 0.1% or 380,255 shs. State Street Corporation has 6.16 million shs for 0.05% of their capital. Kennedy Cap has invested 0.42% in Pinnacle West Capital Corporation (NYSE:PNW).

Pinnacle West Capital Corporation registered $2.37 million net activity with 0 insider purchases and 4 selling transactions since November 14, 2018. On Thursday, December 13 BEMENT ROBERT S sold $428,734 worth of Pinnacle West Capital Corporation (NYSE:PNW). $1.41M worth of Pinnacle West Capital Corporation (NYSE:PNW) was sold by BRANDT DONALD E on Wednesday, November 14. 3,320 Pinnacle West Capital Corporation (NYSE:PNW) shs with value of $294,750 were sold by Danner Denise R.

Pinnacle West Capital Corporation (NYSE:PNW) Ratings Coverage

A total of 6 analysts rate Pinnacle West Capital (NYSE:PNW) as follows: 1 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 17% are bullish. (NYSE:PNW) has 13 ratings reports on 2 Apr 2019 according to StockzIntelligence. In Wednesday, January 30 report Wells Fargo downgraded the stock to “Market Perform” rating. On Monday, February 25 Credit Suisse maintained Pinnacle West Capital Corporation (NYSE:PNW) rating. Credit Suisse has “Outperform” rating and $100 target. The company rating was maintained by Barclays Capital on Wednesday, March 20. On Wednesday, March 13 the rating was maintained by Morgan Stanley with “Hold”. On Friday, January 11 the stock of Pinnacle West Capital Corporation (NYSE:PNW) has “Neutral” rating given by Goldman Sachs. In Monday, November 19 report Barclays Capital maintained the stock with “Equal-Weight” rating. On Friday, October 19 Goldman Sachs upgraded the shares of PNW in report to “Buy” rating. On Monday, February 25 Bank of America maintained Pinnacle West Capital Corporation (NYSE:PNW) rating. Bank of America has “Hold” rating and $97 target. On Friday, October 12 the stock of Pinnacle West Capital Corporation (NYSE:PNW) has “Outperform” rating given by Credit Suisse. On Monday, February 25 UBS maintained Pinnacle West Capital Corporation (NYSE:PNW) with “Hold” rating.

For more Pinnacle West Capital Corporation (NYSE:PNW) news brought out briefly go to: Bizjournals.com, Seekingalpha.com, Seekingalpha.com, Globenewswire.com or Businesswire.com. The titles are as follows: “8 Arizona companies ranked on annual Corporate Equality Index – Phoenix Business Journal” brought out on March 31, 2019, “Stocks To Watch: Big Intros For Model Y And Captain Marvel? – Seeking Alpha” on March 09, 2019, “Pinnacle West Capital declares $0.7375 dividend – Seeking Alpha” with a publish date: December 19, 2018, “ZIM Integrated Shipping Services’ new call to Port of Prince Rupert – GlobeNewswire” and the last “APS Returning More Money to Customers Thanks to Federal Tax Reform – Business Wire” with publication date: March 13, 2019.