Blackrock (BLK) Holder Beaumont Financial Partners Has Increased Its Stake; Maltese Capital Management Increases Stake in Pinnacle Finl Partners (PNFP)

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Maltese Capital Management Llc increased its stake in Pinnacle Finl Partners Inc (PNFP) by 27.82% based on its latest 2018Q3 regulatory filing with the SEC. Maltese Capital Management Llc bought 50,084 shares as the company’s stock declined 21.44% with the market. The institutional investor held 230,116 shares of the finance company at the end of 2018Q3, valued at $13.84 million, up from 180,032 at the end of the previous reported quarter. Maltese Capital Management Llc who had been investing in Pinnacle Finl Partners Inc for a number of months, seems to be bullish on the $4.38 billion market cap company. The stock increased 0.21% or $0.12 during the last trading session, reaching $56.89. About 93,151 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has declined 24.14% since February 13, 2018 and is downtrending. It has underperformed by 24.14% the S&P500. Some Historical PNFP News: 26/03/2018 Hartford MidCap Adds Pinnacle Financial; 11/04/2018 – Pinnacle Adds 10 Revenue Producers in the Carolinas and Virginia During 1Q 2018; 30/05/2018 – Pinnacle Financial Group Dinner Set By SunTrust for Jun. 6; 16/04/2018 – Correct: Pinnacle Financial 1Q EPS $1.08, Not 7 Cents; 17/04/2018 – Pinnacle Financial Partners Announces 1Q18 Dividend; 16/04/2018 – Pinnacle Financial 1Q Adj EPS $1.13; 22/05/2018 – Pinnacle Financial at Wells Fargo Conference Tomorrow; 17/04/2018 – Pinnacle Financial Declares Quarter Cash Dividend of 14c; 15/05/2018 – Wellington Management Group Buys 2.3% of Pinnacle Financial; 16/04/2018 – PINNACLE FINANCIAL 1Q ADJ EPS $1.13, EST. $1.10

Beaumont Financial Partners Llc increased its stake in Blackrock Inc (BLK) by 150.92% based on its latest 2018Q3 regulatory filing with the SEC. Beaumont Financial Partners Llc bought 738 shares as the company’s stock declined 16.99% with the market. The institutional investor held 1,227 shares of the finance company at the end of 2018Q3, valued at $578,000, up from 489 at the end of the previous reported quarter. Beaumont Financial Partners Llc who had been investing in Blackrock Inc for a number of months, seems to be bullish on the $68.15 billion market cap company. The stock increased 1.03% or $4.39 during the last trading session, reaching $429.9. About 584,370 shares traded. BlackRock, Inc. (NYSE:BLK) has declined 23.25% since February 13, 2018 and is downtrending. It has underperformed by 23.25% the S&P500. Some Historical BLK News: 01/05/2018 – BlackRock Greater Europe Investment Trust Plc: Disclosure of Portfolio Holdings; 22/05/2018 – Solvay: Blackrock now Holds Direct Voting Rights of 2.65% in Solvay; 20/03/2018 – Fitch Assigns BlackRock European CLO V Designated Activity Company Expected Ratings; 30/05/2018 – johngitt: Today’s scoop: BlackRock Goes to College to Bolster Private Equity Dealmaking; 21/03/2018 – BLACKROCK STRATEGIST ROSENBERG SAYS ALSO SEE OPPORTUNITIES IN 15-YEAR MORTGAGES; 09/03/2018 – BlackRock’s Rieder Says Jobs Report Good for Risk Assets on Wages (Video); 02/05/2018 – Officer Stork Gifts 600 Of BlackRock Inc; 06/03/2018 – BlackRock Recently Went Public With Questions It Is Asking Gun Makers and Sellers After Parkland Shooting; 09/03/2018 – BLACKROCK CUTS HOLDING IN TELENET TO 4.97% AS OF MARCH 7; 12/04/2018 – BLACKROCK INC – ANNOUNCES $335 MLN OF SHARE REPURCHASES

Beaumont Financial Partners Llc, which manages about $2.17B and $1.00 billion US Long portfolio, decreased its stake in Fidelity (FHLC) by 352,403 shares to 532,575 shares, valued at $24.92 million in 2018Q3, according to the filing. It also reduced its holding in Fidelity (FTEC) by 248,568 shares in the quarter, leaving it with 428,426 shares, and cut its stake in John Hancock Exchange Traded.

Investors sentiment decreased to 1.14 in Q3 2018. Its down 0.18, from 1.32 in 2018Q2. It is negative, as 42 investors sold BLK shares while 340 reduced holdings. 109 funds opened positions while 325 raised stakes. 125.14 million shares or 1.77% less from 127.39 million shares in 2018Q2 were reported. Carderock Cap Incorporated reported 3,342 shares or 0.62% of all its holdings. Franklin Street Advsr Incorporated Nc, a North Carolina-based fund reported 22,498 shares. Hrt Ltd Liability Co stated it has 0.04% in BlackRock, Inc. (NYSE:BLK). Aureus Asset Llc, Massachusetts-based fund reported 998 shares. Mutual Of America Management Ltd Liability invested in 15,866 shares or 0.11% of the stock. Arcadia Investment Mgmt Mi invested 0.01% of its portfolio in BlackRock, Inc. (NYSE:BLK). Kistler owns 199 shares. D E Shaw & Com Inc owns 23,980 shares. Roberts Glore Com Il has 640 shares. Jcic Asset Mgmt owns 8 shares for 0% of their portfolio. Hbk Sorce Advisory Ltd Liability Company reported 0.15% of its portfolio in BlackRock, Inc. (NYSE:BLK). 374,800 were accumulated by Cincinnati Insurance. Prio Wealth Partnership, Massachusetts-based fund reported 467 shares. Moreover, Telemus Ltd has 0.51% invested in BlackRock, Inc. (NYSE:BLK). Riverpark Limited Liability Company invested 2.73% of its portfolio in BlackRock, Inc. (NYSE:BLK).

Among 18 analysts covering BlackRock (NYSE:BLK), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. BlackRock had 106 analyst reports since August 26, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Wednesday, November 14. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, October 15. The company was maintained on Friday, November 16 by Deutsche Bank. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Sunday, August 13 report. Deutsche Bank maintained it with “Buy” rating and $414 target in Friday, September 9 report. The firm earned “Hold” rating on Wednesday, April 11 by Jefferies. JP Morgan maintained BlackRock, Inc. (NYSE:BLK) on Wednesday, March 14 with “Overweight” rating. Wood maintained the shares of BLK in report on Thursday, September 3 with “Outperform” rating. The company was downgraded on Friday, January 11 by Deutsche Bank. Citigroup maintained BlackRock, Inc. (NYSE:BLK) rating on Wednesday, December 19. Citigroup has “Buy” rating and $450 target.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: Globenewswire.com which released: “BlackRock® Canada Announces Final January Cash Distributions for the iShares® Premium Money Market ETF – GlobeNewswire” on January 25, 2019, also Seekingalpha.com with their article: “BlackRock plan environmentally aware money market fund – Seeking Alpha” published on January 22, 2019, Globenewswire.com published: “New Research: Key Drivers of Growth for Advanced Micro Devices, BGC Partners, Compass Minerals International, Harsco, CVR Energy, and BlackRock — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” on February 06, 2019. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: Benzinga.com and their article: “Activision Blizzard, Inc (NASDAQ:ATVI), BlackRock, Inc. (NYSE:BLK) – Banks And Info Tech Lead Way In Sharp Rally Amid Hopes For Geopolitical Progress – Benzinga” published on February 12, 2019 as well as Seekingalpha.com‘s news article titled: “Invest Unfairly – Seeking Alpha” with publication date: January 29, 2019.

Maltese Capital Management Llc, which manages about $1.71B and $1.44 billion US Long portfolio, decreased its stake in Citigroup Inc (NYSE:C) by 15,000 shares to 245,000 shares, valued at $17.58 million in 2018Q3, according to the filing. It also reduced its holding in Pnc Finl Svcs Group Inc (NYSE:PNC) by 7,501 shares in the quarter, leaving it with 32,506 shares, and cut its stake in Comerica Inc (NYSE:CMA).

Investors sentiment decreased to 1.08 in 2018 Q3. Its down 0.41, from 1.49 in 2018Q2. It fall, as 20 investors sold PNFP shares while 83 reduced holdings. 34 funds opened positions while 77 raised stakes. 58.81 million shares or 1.35% more from 58.03 million shares in 2018Q2 were reported. First Republic Investment Mgmt Inc invested 0% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Franklin Resources holds 0.02% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 616,985 shares. Tennessee-based Pinnacle Finance Ptnrs has invested 5.29% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Tower Research Lc (Trc) holds 0.04% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 8,858 shares. Morgan Stanley holds 0% or 89,485 shares in its portfolio. Guggenheim Ltd Liability Co, a Illinois-based fund reported 73,038 shares. Mutual Of America Lc accumulated 149,737 shares. Advisory Services Network Limited Com holds 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 61 shares. Blackrock Incorporated has invested 0.02% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Td Asset Mgmt reported 41,577 shares. Wells Fargo Mn owns 1.14M shares. Prudential Fincl invested in 0% or 47,302 shares. Maltese Mgmt Lc holds 230,116 shares or 0.96% of its portfolio. Federated Invsts Pa holds 29,107 shares. 3,361 are owned by Nfc Invs Lc.

Among 15 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Pinnacle Financial Partners had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Friday, September 11. FIG Partners downgraded the shares of PNFP in report on Monday, July 27 to “Market Perform” rating. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Equal-Weight” rating given on Wednesday, January 18 by Stephens. Sandler O’Neill downgraded Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Tuesday, September 13 to “Hold” rating. The rating was maintained by Wells Fargo with “Outperform” on Thursday, January 3. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) earned “Neutral” rating by Hilliard Lyons on Friday, October 20. The rating was upgraded by UBS on Tuesday, January 8 to “Neutral”. Piper Jaffray maintained it with “Buy” rating and $76.0 target in Thursday, November 30 report. The stock has “Buy” rating by Sandler O’Neill on Wednesday, January 25.

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