American Intl Group (AIG) Valuation Declined While Bridgeway Capital Management Raised Position by $1.28 Million; Public Employees Retirement System Of Ohio Increased Position in Pinnacle Financial Part (PNFP) as Valuation Declined

December 7, 2017 - By Michael Collier

Public Employees Retirement System Of Ohio increased its stake in Pinnacle Financial Part (PNFP) by 27.24% based on its latest 2017Q2 regulatory filing with the SEC. Public Employees Retirement System Of Ohio bought 31,398 shares as the company’s stock declined 14.16% while stock markets rallied. The institutional investor held 146,678 shares of the finance company at the end of 2017Q2, valued at $9.21 million, up from 115,280 at the end of the previous reported quarter. Public Employees Retirement System Of Ohio who had been investing in Pinnacle Financial Part for a number of months, seems to be bullish on the $5.17B market cap company. The stock decreased 0.96% or $0.65 during the last trading session, reaching $67.05. About 183,841 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 26.22% since December 7, 2016 and is uptrending. It has outperformed by 9.52% the S&P500.

Bridgeway Capital Management Inc increased its stake in American Intl Group Inc (AIG) by 2.27% based on its latest 2017Q2 regulatory filing with the SEC. Bridgeway Capital Management Inc bought 20,600 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 929,974 shares of the finance company at the end of 2017Q2, valued at $58.14M, up from 909,374 at the end of the previous reported quarter. Bridgeway Capital Management Inc who had been investing in American Intl Group Inc for a number of months, seems to be bullish on the $53.97B market cap company. The stock increased 0.84% or $0.5 during the last trading session, reaching $60.03. About 4.23 million shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since December 7, 2016 and is uptrending. It has underperformed by 8.11% the S&P500.




More notable recent American International Group, Inc. (NYSE:AIG) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: WesBanco, American International Group and State Auto …” on December 05, 2017, also Businesswire.com with their article: “AIG Names Tom Bolt as Chief Underwriting Officer, General Insurance” published on December 05, 2017, Marketwatch.com published: “AIG names Tom Bolt chief underwriting officer” on December 05, 2017. More interesting news about American International Group, Inc. (NYSE:AIG) were released by: Nasdaq.com and their article: “RSI Alert: American International Group Now Oversold” published on November 20, 2017 as well as Seekingalpha.com‘s news article titled: “AIG: The Hits Just Keep Coming” with publication date: November 18, 2017.

Investors sentiment increased to 0.64 in 2017 Q2. Its up 0.11, from 0.53 in 2017Q1. It is positive, as 70 investors sold AIG shares while 341 reduced holdings. 79 funds opened positions while 182 raised stakes. 742.03 million shares or 4.53% less from 777.22 million shares in 2017Q1 were reported. Lpl Fin Ltd Liability owns 56,294 shares for 0.01% of their portfolio. North Star Invest owns 0.08% invested in American International Group, Inc. (NYSE:AIG) for 9,840 shares. Patten Grp stated it has 0.65% of its portfolio in American International Group, Inc. (NYSE:AIG). Pzena Investment Ltd Liability Corporation reported 6.46M shares or 2.21% of all its holdings. Winfield Associate Incorporated invested in 190 shares or 0.01% of the stock. Nfc Invs Limited Company accumulated 10.08% or 454,699 shares. Grassi Mgmt, a California-based fund reported 15,700 shares. Mcrae, New Jersey-based fund reported 9,685 shares. Millennium Mngmt Ltd Liability Com has 0.2% invested in American International Group, Inc. (NYSE:AIG). The Massachusetts-based Fiduciary Trust has invested 0.09% in American International Group, Inc. (NYSE:AIG). 289,052 are held by State Treasurer State Of Michigan. Atria Investments Limited Liability Co accumulated 0.11% or 27,997 shares. Arrowgrass Cap Prtnrs (Us) LP accumulated 233,841 shares. Sawgrass Asset Mgmt Llc holds 4,199 shares or 0.01% of its portfolio. Dimensional Fund Advsrs Lp reported 0.18% stake.

Among 21 analysts covering American International Group (NYSE:AIG), 12 have Buy rating, 2 Sell and 7 Hold. Therefore 57% are positive. American International Group had 68 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Friday, April 21 with “Buy”. The firm has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. The stock has “Sell” rating by Buckingham Research on Monday, September 11. Credit Suisse upgraded American International Group, Inc. (NYSE:AIG) on Friday, January 6 to “Outperform” rating. On Wednesday, August 5 the stock rating was maintained by S&P Research with “Buy”. The firm has “Buy” rating given on Wednesday, August 2 by Keefe Bruyette & Woods. The rating was maintained by FBR Capital with “Mkt Perform” on Monday, November 28. Deutsche Bank downgraded it to “Sell” rating and $57 target in Monday, March 13 report. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, February 17. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Thursday, April 13 by Wells Fargo.

Bridgeway Capital Management Inc, which manages about $3.34B and $8.30B US Long portfolio, decreased its stake in Qualcomm Inc (NASDAQ:QCOM) by 134,725 shares to 1.25M shares, valued at $68.83 million in 2017Q2, according to the filing. It also reduced its holding in Nutraceutical Intl Corp (NASDAQ:NUTR) by 21,200 shares in the quarter, leaving it with 85,750 shares, and cut its stake in Trustco Bk Corp N Y (NASDAQ:TRST).

Investors sentiment increased to 2.39 in Q2 2017. Its up 0.44, from 1.95 in 2017Q1. It is positive, 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. Retirement Systems Of Alabama reported 0.03% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Proshare Advisors Limited Liability Company accumulated 6,149 shares. Alps Advsrs holds 0% or 7,121 shares. Livingston Grp Incorporated Asset Mgmt Co (Operating As Southport Capital Management) has 12,212 shares. Laurion Cap Management LP holds 0.01% or 43,425 shares. Invesco Ltd invested in 0.01% or 664,826 shares. Tru Of Virginia Va owns 4,870 shares. Vantage Inv Advsrs Lc has 701 shares for 0.01% of their portfolio. Rmb Capital Limited Company holds 191,177 shares. Metropolitan Life Ins Company has 0.03% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Goldman Sachs Grp accumulated 2.13 million shares. Federated Investors Pa accumulated 34,120 shares. 3,496 were reported by Riverhead Cap Management. Pnc Gru has 1,523 shares for 0% of their portfolio. Numeric Investors Ltd Llc accumulated 6,000 shares.

Public Employees Retirement System Of Ohio, which manages about $18.20B US Long portfolio, decreased its stake in Mastercard Inc (NYSE:MA) by 16,072 shares to 648,820 shares, valued at $78.80 million in 2017Q2, according to the filing. It also reduced its holding in Vf Corp (NYSE:VFC) by 77,968 shares in the quarter, leaving it with 169,657 shares, and cut its stake in Rockwell Automation Inc (NYSE:ROK).

More notable recent Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) news were published by: Bizjournals.com which released: “Executive profile: Sean Henneberger of Pinnacle Financial Partners” on December 04, 2017, also Nasdaq.com with their article: “Pinnacle Financial Partners Inc Buys Pinnacle Financial Partners Inc, iShares …” published on November 09, 2017, Bizjournals.com published: “Sign of the times: Growing Nashville lender to double the size of its skyline …” on November 20, 2017. More interesting news about Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) were released by: Streetinsider.com and their article: “Pinnacle Financial Partners (PNFP) PT Raised to $76 at Piper Jaffray on …” published on November 30, 2017 as well as Nasdaq.com‘s news article titled: “Pinnacle Financial Partners Breaks Below 200-Day Moving Average – Notable for PNFP” with publication date: November 07, 2017.

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 maintained by Keefe Bruyette & Woods with “Hold” on Thursday, July 13. As per Friday, October 20, the company rating was downgraded by Hilliard Lyons. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Market Perform” rating given on Monday, July 27 by FIG Partners. As per Thursday, October 5, the company rating was reinitiated by PiperJaffray. On Friday, January 29 the stock rating was upgraded by Stephens to “Overweight”. On Wednesday, November 8 the stock rating was upgraded by Hilliard Lyons to “Buy”. The firm has “Equal-Weight” rating given on Wednesday, January 18 by Stephens. The firm earned “Market Perform” rating on Monday, January 25 by Hovde Group. The company was upgraded on Friday, September 11 by Wood. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, October 3.

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