Stifel Financial Corp boosted its holdings in shares of Wintrust Financial Corporation (NASDAQ:WTFC) by 5.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,023 shares of the bank’s stock after buying an additional 16,508 shares during the period. Stifel Financial Corp owned approximately 0.53% of Wintrust Financial worth $23,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC purchased a new stake in shares of Wintrust Financial in the second quarter worth about $63,086,000. BlackRock Inc. boosted its stake in shares of Wintrust Financial by 6.3% in the second quarter. BlackRock Inc. now owns 6,492,888 shares of the bank’s stock worth $496,316,000 after buying an additional 382,791 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Wintrust Financial by 564.1% in the second 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 last quarter. Northern Trust Corp boosted its stake in shares of Wintrust Financial by 33.2% in the second quarter. Northern Trust Corp now owns 1,403,270 shares of the bank’s stock worth $107,265,000 after buying an additional 349,965 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Wintrust Financial by 7.7% in the second quarter. Vanguard Group Inc. now owns 4,586,706 shares of the bank’s stock worth $350,607,000 after buying an additional 327,529 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

In other Wintrust Financial news, EVP David A. Dykstra sold 22,476 shares of the stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $79.86, for a total transaction of $1,794,933.36. Following the completion of the transaction, the executive vice president now owns 188,604 shares of the company’s stock, valued at $15,061,915.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ingrid S. Stafford sold 1,405 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $80.63, for a total value of $113,285.15. Following the transaction, the director now directly owns 20,746 shares of the company’s stock, valued at approximately $1,672,749.98. The disclosure for this sale can be found here. Insiders have sold 44,500 shares of company stock valued at $3,563,512 in the last three months. Insiders own 1.97% of the company’s stock.

A number of analysts have recently commented on the company. ValuEngine upgraded Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. Jefferies Group restated a “hold” rating and issued a $80.00 target price on shares of Wintrust Financial in a research note on Friday, August 11th. SunTrust Banks set a $79.00 target price on Wintrust Financial and gave the stock a “hold” rating in a research note on Thursday, October 19th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $84.00 price target on shares of Wintrust Financial in a report on Friday, September 8th. Finally, Zacks Investment Research cut Wintrust Financial from a “buy” rating to a “hold” rating in a report on Friday, September 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. Wintrust Financial currently has a consensus rating of “Hold” and a consensus target price of $82.50.

Wintrust Financial Corporation (NASDAQ WTFC) opened at $83.54 on Wednesday. The firm has a market capitalization of $4,835.12, a PE ratio of 20.73, a P/E/G ratio of 1.46 and a beta of 0.83. Wintrust Financial Corporation has a fifty-two week low of $64.14 and a fifty-two week high of $86.80. The company has a quick ratio of 0.99, a current ratio of 1.01 and a debt-to-equity ratio of 0.40.

Wintrust Financial (NASDAQ:WTFC) last released its quarterly earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.04. Wintrust Financial had a return on equity of 9.32% and a net margin of 19.74%. The company had revenue of $295.70 million during the quarter, compared to analysts’ expectations of $298.96 million. During the same quarter in the prior year, the firm posted $0.92 EPS. Wintrust Financial’s quarterly revenue was up 9.0% compared to the same quarter last year. analysts forecast that Wintrust Financial Corporation will post 4.38 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Thursday, November 9th were issued a dividend of $0.14 per share. The ex-dividend date was Wednesday, November 8th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.67%. Wintrust Financial’s payout ratio is currently 13.43%.

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Wintrust Financial Company 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.

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

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