Nationwide Fund Advisors grew its stake in shares of Wintrust Financial Corporation (NASDAQ:WTFC) by 53.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 186,728 shares of the bank’s stock after buying an additional 65,247 shares during the quarter. Nationwide Fund Advisors owned approximately 0.34% of Wintrust Financial Corporation worth $14,273,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sei Investments Co. grew its stake in shares of Wintrust Financial Corporation by 4.4% during the first quarter. Sei Investments Co. now owns 72,123 shares of the bank’s stock worth $4,985,000 after buying an additional 3,036 shares during the last quarter. Swiss National Bank grew its stake in shares of Wintrust Financial Corporation by 0.6% during the first quarter. Swiss National Bank now owns 85,367 shares of the bank’s stock worth $5,901,000 after buying an additional 500 shares during the last quarter. Clinton Group Inc. bought a new stake in shares of Wintrust Financial Corporation during the first quarter worth $1,805,000. Jennison Associates LLC grew its stake in shares of Wintrust Financial Corporation by 4.6% during the second quarter. Jennison Associates LLC now owns 1,176,922 shares of the bank’s stock worth $89,964,000 after buying an additional 52,161 shares during the last quarter. Finally, Greenwood Capital Associates LLC grew its stake in shares of Wintrust Financial Corporation by 1.8% during the second quarter. Greenwood Capital Associates LLC now owns 4,399 shares of the bank’s stock worth $336,000 after buying an additional 78 shares during the last quarter. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Wintrust Financial Corporation (NASDAQ:WTFC) opened at 73.91 on Friday. The company has a 50 day moving average of $72.50 and a 200 day moving average of $72.46. The company has a market cap of $4.12 billion, a PE ratio of 18.64 and a beta of 0.81. Wintrust Financial Corporation has a 52 week low of $51.66 and a 52 week high of $80.52.

Wintrust Financial Corporation (NASDAQ:WTFC) last issued its earnings results on Tuesday, July 18th. The bank reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.12. The company had revenue of $294.38 million for the quarter, compared to analysts’ expectations of $279.69 million. Wintrust Financial Corporation had a net margin of 19.24% and a return on equity of 9.15%. The firm’s revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.90 EPS. On average, analysts expect that Wintrust Financial Corporation will post $4.30 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 24th. Investors of record on Thursday, August 10th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend was Tuesday, August 8th. Wintrust Financial Corporation’s payout ratio is presently 14.11%.

A number of analysts have weighed in on the stock. Stephens cut shares of Wintrust Financial Corporation from an “overweight” rating to an “equal weight” rating in a research note on Monday, July 10th. BidaskClub cut shares of Wintrust Financial Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Piper Jaffray Companies set a $72.00 target price on shares of Wintrust Financial Corporation and gave the stock a “hold” rating in a research note on Tuesday, July 18th. Jefferies Group LLC reaffirmed a “hold” rating and set a $80.00 target price on shares of Wintrust Financial Corporation in a research note on Sunday, June 11th. Finally, Zacks Investment Research cut shares of Wintrust Financial Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $80.88.

In other Wintrust Financial Corporation news, Director Gary D. Sweeney bought 485 shares of the firm’s stock in a transaction that occurred on Friday, July 21st. The shares were bought at an average price of $77.12 per share, for a total transaction of $37,403.20. Following the transaction, the director now directly owns 2,186 shares in the company, valued at $168,584.32. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David A. Dykstra sold 26,861 shares of Wintrust Financial Corporation stock in a transaction on Friday, July 21st. The stock was sold at an average price of $76.82, for a total transaction of $2,063,462.02. Following the completion of the transaction, the executive vice president now owns 185,651 shares in the company, valued at approximately $14,261,709.82. The disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.

Wintrust Financial Corporation Profile

Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company offers community banking services to individuals, small to mid-sized businesses, local governmental units and institutional clients.

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Institutional Ownership by Quarter for Wintrust Financial Corporation (NASDAQ:WTFC)

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