Pinnacle West Capital (PNW) to pay $0.74 on Mar 1, 2019; Permian Basin Royalty Trust (PBT)’s Sentiment Is 1.31

Pinnacle West Capital Corp (NYSE:PNW) is expected to pay $0.74 on Mar 1, 2019. (NYSE:PNW) shareholders before Jan 31, 2019 will receive the $0.74 dividend. Pinnacle West Capital Corp’s current price of $85.73 translates into 0.86% yield. Pinnacle West Capital Corp’s dividend has Feb 1, 2019 as record date. Dec 19, 2018 is the announcement. The stock increased 0.07% or $0.06 during the last trading session, reaching $85.73. About 1.78 million shares traded or 49.68% up from the average. Pinnacle West Capital Corporation (NYSE:PNW) has risen 1.02% since January 23, 2018 and is uptrending. It has outperformed by 1.02% the S&P500. Some Historical PNW News: 20/04/2018 – PINNACLE WEST CAPITAL CORP – ARIZONA PUBLIC SERVICE COMPANY MAY OFFER AND SELL UNSECURED DEBT SECURITIES FROM TIME TO TIME IN ONE OR MORE OFFERINGS; 18/04/2018 – Pinnacle West Declares Quarterly Dividend; 24/05/2018 – PINNACLE WEST CUTS PALO VERDE 2 REACTOR TO 0% FROM 100%: NRC; 02/05/2018 – Pinnacle West Capital Sees 2018 EPS $4.35-EPS $4.55; 07/05/2018 – PINNACLE WEST SAYS PALO VERDE 3 RESTARTS AFTER REFUELING OUTAGE; 02/05/2018 – Pinnacle West Capital 1Q EPS 3c; 03/05/2018 – S&P REVISES PINNACLE WEST CAPITAL CORP. OUTLOOK TO ‘STABLE’ FROM ‘POSITIVE’; RATING ‘A-‘; 02/05/2018 – PNW 1Q OPER REV. $692.7M, EST. $681.0M (2 EST.); 15/03/2018 – Day & Zimmermann Awarded Maintenance Contract at Largest Power Production Plant in the U.S; 08/03/2018 PINNACLE WEST CAPITAL CORP PNW.N : RBC RAISES TO OUTPERFORM FROM SECTOR PERFORM

Permian Basin Royalty Trust (PBT) investors sentiment increased to 1.31 in Q3 2018. It’s up 0.57, from 0.74 in 2018Q2. The ratio increased, as 21 funds started new or increased equity positions, while 16 cut down and sold their positions in Permian Basin Royalty Trust. The funds in our database now possess: 4.48 million shares, down from 4.73 million shares in 2018Q2. Also, the number of funds holding Permian Basin Royalty Trust in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 12 Increased: 9 New Position: 12.

Since November 14, 2018, it had 0 insider purchases, and 4 selling transactions for $2.37 million activity. 3,320 shares were sold by Danner Denise R, worth $294,750. 15,876 shares valued at $1.41M were sold by BRANDT DONALD E on Wednesday, November 14. The insider BEMENT ROBERT S sold $428,734. 2,558 shares were sold by FROETSCHER DANIEL T, worth $235,848 on Thursday, December 13.

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company has market cap of $9.61 billion. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar resources. It has a 19.05 P/E ratio. The firm serves approximately 1.2 million customers.

More news for Pinnacle West Capital Corporation (NYSE:PNW) were recently published by: 247Wallst.com, which released: “Top Analyst Upgrades and Downgrades: Adobe, Dell, Diamondback Energy, Lending Tree, Oxford Industries, Philip Morris, Wingstop and More – 24/7 Wall St.” on December 28, 2018. Businesswire.com‘s article titled: “Pinnacle West Sets Date for 2018 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call – Business Wire” and published on January 10, 2019 is yet another important article.

Investors sentiment increased to 1.16 in Q3 2018. Its up 0.22, from 0.94 in 2018Q2. It improved, as 33 investors sold Pinnacle West Capital Corporation shares while 124 reduced holdings. 59 funds opened positions while 123 raised stakes. 89.43 million shares or 0.18% more from 89.27 million shares in 2018Q2 were reported. Gradient Investments Ltd Liability holds 0% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 537 shares. Segall Bryant Hamill Limited Com has invested 0% in Pinnacle West Capital Corporation (NYSE:PNW). Pictet Asset Mgmt, a United Kingdom-based fund reported 334,066 shares. 137 were accumulated by San Francisco Sentry Investment Gru (Ca). Tompkins Corp reported 1,300 shares. Moreover, Lifeplan Fincl Group Inc has 0.06% invested in Pinnacle West Capital Corporation (NYSE:PNW) for 1,510 shares. Strs Ohio reported 92,583 shares stake. State Of New Jersey Common Pension Fund D holds 0.01% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 27,000 shares. Deutsche Financial Bank Ag owns 610,847 shares for 0.03% of their portfolio. Chevy Chase Hldg has 0.03% invested in Pinnacle West Capital Corporation (NYSE:PNW). Pnc Fin Group reported 140,735 shares. 94,934 were accumulated by Putnam Invests Limited Liability Company. Amalgamated Bancshares owns 22,633 shares or 0.04% of their US portfolio. Shell Asset Mgmt, a Netherlands-based fund reported 47,758 shares. 200 are held by Reilly Advisors Limited Company.

Among 6 analysts covering Pinnacle West Capital (NYSE:PNW), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Pinnacle West Capital had 10 analyst reports since August 6, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 19 by Goldman Sachs. The firm earned “Equal-Weight” rating on Monday, November 19 by Barclays Capital. As per Friday, October 12, the company rating was maintained by Credit Suisse. The company was maintained on Monday, September 17 by Wells Fargo. The company was maintained on Friday, September 21 by Morgan Stanley. UBS maintained the stock with “Neutral” rating in Friday, August 10 report. On Tuesday, September 11 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Outperform” rating by Wells Fargo given on Monday, August 6. Goldman Sachs downgraded the stock to “Neutral” rating in Friday, January 11 report. Wells Fargo maintained the shares of PNW in report on Monday, October 1 with “Outperform” rating.

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various gas and oil properties in the United States. The company has market cap of $314.61 million. The firm owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, University-Waddell, and Waddell fields located in Crane County, Texas. It has a 10.26 P/E ratio. As of December 31, 2016, its Waddell Ranch properties contained 349 net productive oil wells, 64 net productive gas wells, and 102 net injection wells.

Foundation Resource Management Inc holds 1.73% of its portfolio in Permian Basin Royalty Trust for 1.12 million shares. Mcgowan Group Asset Management Inc. owns 154,583 shares or 0.2% of their US portfolio. Moreover, Mraz Amerine & Associates Inc. has 0.16% invested in the company for 69,650 shares. The Ohio-based Beese Fulmer Investment Management Inc. has invested 0.09% in the stock. Horizon Kinetics Llc, a New York-based fund reported 487,125 shares.

More notable recent Permian Basin Royalty Trust (NYSE:PBT) news were published by: Seekingalpha.com which released: “Permian Basin Royalty Trust declares $0.0548 dividend – Seeking Alpha” on September 18, 2018, also Seekingalpha.com with their article: “Permian Basin Royalty Trust declares $0.05 dividend – Seeking Alpha” published on November 19, 2018, Seekingalpha.com published: “Texas Pacific Land Trust: A Different Approach – Seeking Alpha” on December 31, 2018. More interesting news about Permian Basin Royalty Trust (NYSE:PBT) were released by: Seekingalpha.com and their article: “Permian Basin Royalty Trust declares $0.0551 dividend – Seeking Alpha” published on October 19, 2018 as well as Seekingalpha.com‘s news article titled: “UBS Group AG (UBS) CEO Sergio Ermotti on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: January 22, 2019.

Pinnacle West Capital Corporation (NYSE:PNW) Institutional Positions Chart

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