Wintrust Financial Corporation (WTFC) Stake Raised by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its stake in Wintrust Financial Corporation (NASDAQ:WTFC) by 0.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 51,900 shares of the bank’s stock after buying an additional 100 shares during the period. Nisa Investment Advisors LLC owned about 0.09% of Wintrust Financial Corporation worth $3,861,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Exane Derivatives acquired a new position in Wintrust Financial Corporation during the second quarter valued at about $128,000. Daiwa Securities Group Inc. acquired a new position in Wintrust Financial Corporation during the first quarter valued at about $187,000. Penserra Capital Management LLC acquired a new position in Wintrust Financial Corporation during the first quarter valued at about $193,000. Oppenheimer & Co. Inc. boosted its position in Wintrust Financial Corporation by 3.4% in the first quarter. Oppenheimer & Co. Inc. now owns 2,956 shares of the bank’s stock valued at $204,000 after buying an additional 96 shares during the last quarter. Finally, Two Sigma Securities LLC acquired a new position in Wintrust Financial Corporation during the first quarter valued at about $223,000. Institutional investors own 90.66% of the company’s stock.

Wintrust Financial Corporation (WTFC) traded up 0.66% during midday trading on Friday, reaching $71.39. The company had a trading volume of 261,850 shares. Wintrust Financial Corporation has a 52-week low of $51.66 and a 52-week high of $80.52. The company’s 50 day moving average is $75.76 and its 200-day moving average is $72.80. The company has a market capitalization of $3.98 billion, a P/E ratio of 18.01 and a beta of 0.81.

Wintrust Financial Corporation (NASDAQ:WTFC) last posted its quarterly earnings results on Tuesday, July 18th. The bank reported $1.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.12. The firm had revenue of $294.38 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.90 earnings per share. Equities analysts expect that Wintrust Financial Corporation will post $4.30 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 24th. Shareholders of record on Thursday, August 10th will be given a $0.14 dividend. The ex-dividend date is Tuesday, August 8th. This represents a $0.56 annualized dividend and a yield of 0.78%. Wintrust Financial Corporation’s dividend payout ratio (DPR) is 14.11%.

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A number of equities research analysts recently weighed in on WTFC shares. Jefferies Group LLC restated a “hold” rating and issued a $80.00 price target on shares of Wintrust Financial Corporation in a report on Friday, August 11th. ValuEngine upgraded Wintrust Financial Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Hovde Group upped their price target on Wintrust Financial Corporation from $74.00 to $76.50 and gave the stock a “market perform” rating in a report on Tuesday, April 25th. Zacks Investment Research upgraded Wintrust Financial Corporation from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a report on Wednesday, June 7th. Finally, Stephens cut Wintrust Financial Corporation from an “overweight” rating to an “equal weight” rating in a report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $78.71.

In related news, EVP David A. Dykstra sold 26,861 shares of the firm’s stock in a transaction that occurred on Friday, July 21st. The shares were sold at an average price of $76.82, for a total value of $2,063,462.02. Following the completion of the transaction, the executive vice president now owns 185,651 shares of the company’s stock, valued at approximately $14,261,709.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edward J. Wehmer sold 29,779 shares of the firm’s stock in a transaction that occurred on Friday, July 21st. The stock was sold at an average price of $76.89, for a total transaction of $2,289,707.31. Following the completion of the transaction, the insider now directly owns 137,352 shares of the company’s stock, valued at approximately $10,560,995.28. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

Wintrust Financial Corporation 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 Corporation (NASDAQ:WTFC)

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