Quantbot Technologies LP recently purchased 14,751 shares of
Pinnacle West Capital Corporation (PNW). Despite marked variability in the performance of the shares, an intrinsic calculation suggests they are undervalued by around 23%. These shares have had notable increases on strong trading days, even though they underperformed the market for some weekdays.
Sumitomo Mitsui Trust Holdings Inc. and BNP Paribas reportedly reduced holdings of PNW, while
Cwm LLC and
Virtu Financial LLC acquired shares. PNW has been identified as a strong growth stock with promises of growth on the horizon, even though it was downgraded to \"Sell\" in a report by
StockNews.com. PNW announced a public offering of $650 million and $450M Convertible Notes Offering indicating significant financial activities. Interestingly, the company overshadows other businesses with 87% institutional ownership. Key developments involved the appointment of three new members to its board and executive management changes.
Pinnacle West Capital Corporation PNW News Analytics from Mon, 15 Jun 2015 17:17:51 GMT to Sun, 14 Jul 2024 17:56:23 GMT -
Rating 2
- Innovation 3
- Information 5
- Rumor -6
