Citigroup Inc. cut its holdings in shares of Wintrust Financial Corporation (NASDAQ:WTFC) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,845 shares of the bank’s stock after selling 46 shares during the period. Citigroup Inc.’s holdings in Wintrust Financial Corporation were worth $217,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of WTFC. BlackRock Inc. boosted its position in Wintrust Financial Corporation by 21,214.8% during the 1st quarter. BlackRock Inc. now owns 6,110,097 shares of the bank’s stock worth $422,330,000 after buying an additional 6,081,431 shares during the period. State Street Corp boosted its position in Wintrust Financial Corporation by 57.1% during the 1st quarter. State Street Corp now owns 2,863,254 shares of the bank’s stock worth $197,915,000 after buying an additional 1,040,715 shares during the period. Prudential Financial Inc. boosted its position in Wintrust Financial Corporation by 564.1% during the 2nd quarter. Prudential Financial Inc. now owns 443,557 shares of the bank’s stock worth $33,905,000 after buying an additional 376,766 shares during the period. Teachers Advisors LLC boosted its position in Wintrust Financial Corporation by 56.3% during the 2nd quarter. Teachers Advisors LLC now owns 520,380 shares of the bank’s stock worth $39,778,000 after buying an additional 187,440 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Wintrust Financial Corporation by 218.2% during the 1st quarter. Renaissance Technologies LLC now owns 187,400 shares of the bank’s stock worth $12,953,000 after buying an additional 128,500 shares during the period. Institutional investors and hedge funds own 90.65% of the company’s stock.

Several research firms recently commented on WTFC. Jefferies Group LLC reiterated a “hold” rating and set a $80.00 target price on shares of Wintrust Financial Corporation in a research report on Friday, August 11th. Royal Bank Of Canada reiterated a “buy” rating and set a $84.00 target price on shares of Wintrust Financial Corporation in a research report on Friday. Zacks Investment Research downgraded shares of Wintrust Financial Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Piper Jaffray Companies reiterated a “hold” rating and set a $74.00 target price on shares of Wintrust Financial Corporation in a research report on Friday, September 1st. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $82.00 target price on shares of Wintrust Financial Corporation in a research report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $81.38.

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Wintrust Financial Corporation (WTFC) opened at 81.42 on Friday. Wintrust Financial Corporation has a 12 month low of $51.66 and a 12 month high of $81.46. The firm has a market cap of $4.54 billion, a P/E ratio of 20.53 and a beta of 0.83. The stock has a 50 day moving average of $75.24 and a 200-day moving average of $73.59.

Wintrust Financial Corporation (NASDAQ:WTFC) last issued its earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.04. Wintrust Financial Corporation had a net margin of 19.74% and a return on equity of 9.32%. The firm had revenue of $295.70 million for the quarter, compared to analysts’ expectations of $298.96 million. During the same quarter last year, the business earned $0.92 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. Equities research analysts predict that Wintrust Financial Corporation will post $4.31 earnings per share for the current fiscal year.

About Wintrust Financial Corporation

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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