Analyst Upgrades – Pinnacle West Capital (NYSE:PNW) Stock Gets Upgraded By Morgan Stanley from Underweight to Equal Weight

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Analyst Ratings For Pinnacle West Capital (NYSE:PNW)

Today, Pinnacle West Capital (NYSE:PNW) stock received an upgrade by Morgan Stanley from Underweight to Equal Weight with a price target of $85.00.

Some recent analyst ratings include

  • 2/13/2018-Morgan Stanley Upgrade from a “Underweight ” rating to a ” Equal Weight” rating.
  • 2/1/2018-Royal Bank of Canada Reiterated Rating of Hold .
  • 1/29/2018-Williams Capital Reiterated Rating of Hold .
  • 1/3/2018-Bank of America was Downgraded by analysts at Bank of America from a “Neutral ” rating to a ” Underperform” rating. They now have a $84.00 price target on the stock.
  • 9/20/2017-Credit Suisse Group initiated coverage with a Neutral rating.
  • 9/1/2017-KeyCorp Reiterated Rating of Hold.

Dividend information for Pinnacle West Capital (NYSE:PNW)

Pinnacle West Capital (NYSE:PNW) pays an annual dividend of $2.78 with a yield of 3.64% and an average dividend growth of 5.00% based on a 3 Year Average..

Dividend History for Pinnacle West Capital (NYSE:PNW)

  • On 12/20/2017 Pinnacle West Capital announced a quarterly dividend of $0.70 3.26% with an ex dividend date of 1/31/2018 which will be payable on 3/1/2018.
  • On 10/18/2017 Pinnacle West Capital announced a quarterly dividend of $0.70 3.14% with an ex dividend date of 10/31/2017 which will be payable on 12/1/2017.
  • On 6/21/2017 Pinnacle West Capital announced a quarterly dividend of $0.66 2.97% with an ex dividend date of 7/28/2017 which will be payable on 9/1/2017.
  • On 4/19/2017 Pinnacle West Capital announced a quarterly dividend of $0.66 3.07% with an ex dividend date of 4/27/2017 which will be payable on 6/1/2017.
  • On 12/21/2016 Pinnacle West Capital announced a quarterly dividend of $0.66 3.38% with an ex dividend date of 1/30/2017 which will be payable on 3/1/2017.
  • On 10/20/2016 Pinnacle West Capital announced a quarterly dividend of $0.12 3.54% with an ex dividend date of 10/28/2016 which will be payable on 12/1/2016.
  • On 6/22/2016 Pinnacle West Capital announced a quarterly dividend of $0.63 3.23% with an ex dividend date of 7/28/2016 which will be payable on 9/1/2016.

Recent Insider Trading Activity For Pinnacle West Capital (NYSE:PNW)
Pinnacle West Capital (NYSE:PNW) has insider ownership of 0.70% and institutional ownership of 82.54%.

  • On 1/19/2018 Donald E Brandt, Chairman, sold 24,216 with an average share price of $79.21 per share and the total transaction amounting to $1,918,149.36.
  • On 12/14/2017 David P Falck, EVP, sold 4,500 with an average share price of $89.07 per share and the total transaction amounting to $400,815.00.
  • On 11/9/2017 Donald E Brandt, CEO, sold 18,153 with an average share price of $89.54 per share and the total transaction amounting to $1,625,419.62.
  • On 11/9/2017 Michael L Gallagher, Director, sold 2,012 with an average share price of $89.37 per share and the total transaction amounting to $179,812.44.
  • On 8/25/2017 Kathryn L Munro, Director, sold 1,806 with an average share price of $90.28 per share and the total transaction amounting to $163,045.68.
  • On 8/24/2017 David P Falck, EVP, sold 4,600 with an average share price of $89.98 per share and the total transaction amounting to $413,908.00.
  • On 8/23/2017 Donald E Brandt, Chairman, sold 35,013 with an average share price of $89.57 per share and the total transaction amounting to $3,136,114.41.

Recent Trading Activity for Pinnacle West Capital (NYSE:PNW)
Shares of Pinnacle West Capital closed the previous trading session at 76.21 down -0.48 0.63% with 75.81999969482422 shares trading hands.