Shares of Wintrust Financial Corp (NASDAQ:WTFC) have earned a consensus recommendation of “Buy” from the thirteen research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $94.00.

Several equities analysts have issued reports on WTFC shares. Zacks Investment Research raised shares of Wintrust Financial from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Saturday, December 1st. BidaskClub downgraded shares of Wintrust Financial from a “hold” rating to a “sell” rating in a report on Friday, December 7th. ValuEngine downgraded shares of Wintrust Financial from a “hold” rating to a “sell” rating in a report on Friday, October 19th. Finally, Piper Jaffray Companies raised shares of Wintrust Financial from a “neutral” rating to an “overweight” rating in a report on Monday, January 7th.

In other news, EVP Thomas P. Zidar sold 3,482 shares of the firm’s stock in a transaction dated Friday, January 25th. The shares were sold at an average price of $72.62, for a total value of $252,862.84. Following the transaction, the executive vice president now directly owns 31,016 shares of the company’s stock, valued at $2,252,381.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Timothy Crane sold 2,097 shares of the firm’s stock in a transaction dated Friday, January 25th. The stock was sold at an average price of $72.82, for a total transaction of $152,703.54. Following the completion of the transaction, the insider now directly owns 18,433 shares in the company, valued at $1,342,291.06. The disclosure for this sale can be found here. Company insiders own 1.57% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the stock. LaSalle Street Capital Management LLC increased its position in Wintrust Financial by 22.3% during the fourth quarter. LaSalle Street Capital Management LLC now owns 6,225 shares of the bank’s stock worth $414,000 after purchasing an additional 1,136 shares during the last quarter. ETRADE Capital Management LLC acquired a new stake in Wintrust Financial during the fourth quarter worth about $1,141,000. Massachusetts Financial Services Co. MA increased its position in Wintrust Financial by 2.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,604,175 shares of the bank’s stock worth $106,662,000 after purchasing an additional 44,503 shares during the last quarter. BlackRock Inc. increased its position in Wintrust Financial by 3.7% during the fourth quarter. BlackRock Inc. now owns 5,607,346 shares of the bank’s stock worth $372,835,000 after purchasing an additional 200,648 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in Wintrust Financial by 50.8% during the fourth quarter. New York State Common Retirement Fund now owns 178,529 shares of the bank’s stock worth $11,870,000 after purchasing an additional 60,111 shares during the last quarter. Hedge funds and other institutional investors own 90.69% of the company’s stock.

WTFC traded up $0.06 during midday trading on Wednesday, hitting $71.58. 2,506 shares of the company traded hands, compared to its average volume of 479,879. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.39. The company has a market cap of $4.03 billion, a price-to-earnings ratio of 12.20, a PEG ratio of 0.81 and a beta of 0.95. Wintrust Financial has a 52-week low of $61.53 and a 52-week high of $99.96.

Wintrust Financial (NASDAQ:WTFC) last posted its quarterly earnings data on Tuesday, January 22nd. The bank reported $1.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.57 by ($0.22). The company had revenue of $329.40 million for the quarter, compared to analysts’ expectations of $344.46 million. Wintrust Financial had a net margin of 22.47% and a return on equity of 11.36%. During the same period in the previous year, the business earned $1.17 earnings per share. On average, research analysts forecast that Wintrust Financial will post 6.57 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 21st. Stockholders of record on Thursday, February 7th will be paid a $0.25 dividend. This is an increase from Wintrust Financial’s previous quarterly dividend of $0.19. This represents a $1.00 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Wednesday, February 6th. Wintrust Financial’s dividend payout ratio (DPR) is currently 17.06%.

Wintrust Financial Company Profile

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), Internet banking, and other services.

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Analyst Recommendations for Wintrust Financial (NASDAQ:WTFC)

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