Wintrust Financial Corp (WTFC) Shares Bought by Citadel Advisors LLC

Citadel Advisors LLC lifted its holdings in shares of Wintrust Financial Corp (NASDAQ:WTFC) by 280.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,143,203 shares of the bank’s stock after acquiring an additional 842,454 shares during the quarter. Citadel Advisors LLC owned 2.03% of Wintrust Financial worth $97,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Mutual of America Capital Management LLC boosted its stake in Wintrust Financial by 1.7% during the third quarter. Mutual of America Capital Management LLC now owns 86,800 shares of the bank’s stock valued at $7,373,000 after buying an additional 1,445 shares during the period. Loomis Sayles & Co. L P boosted its stake in Wintrust Financial by 3.1% during the third quarter. Loomis Sayles & Co. L P now owns 253,005 shares of the bank’s stock valued at $21,490,000 after buying an additional 7,691 shares during the period. Tower Research Capital LLC TRC boosted its stake in Wintrust Financial by 3,639.6% during the third quarter. Tower Research Capital LLC TRC now owns 5,385 shares of the bank’s stock valued at $457,000 after buying an additional 5,241 shares during the period. Eaton Vance Management boosted its stake in Wintrust Financial by 3.9% during the third quarter. Eaton Vance Management now owns 159,635 shares of the bank’s stock valued at $13,559,000 after buying an additional 6,005 shares during the period. Finally, GSA Capital Partners LLP boosted its stake in Wintrust Financial by 107.1% during the third quarter. GSA Capital Partners LLP now owns 38,459 shares of the bank’s stock valued at $3,267,000 after buying an additional 19,885 shares during the period. 88.04% of the stock is owned by institutional investors.

NASDAQ WTFC opened at $77.12 on Tuesday. Wintrust Financial Corp has a twelve month low of $72.17 and a twelve month high of $99.96. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.45. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 0.94 and a beta of 0.86.

Wintrust Financial (NASDAQ:WTFC) last released its quarterly earnings results on Wednesday, October 17th. The bank reported $1.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.03. Wintrust Financial had a return on equity of 11.27% and a net margin of 22.70%. The business had revenue of $347.49 million for the quarter, compared to the consensus estimate of $342.18 million. During the same quarter last year, the business posted $1.12 earnings per share. The company’s revenue for the quarter was up 17.5% on a year-over-year basis. On average, analysts predict that Wintrust Financial Corp will post 6.06 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 23rd. Shareholders of record on Thursday, November 8th were given a dividend of $0.19 per share. The ex-dividend date was Wednesday, November 7th. This represents a $0.76 dividend on an annualized basis and a yield of 0.99%. Wintrust Financial’s payout ratio is 17.27%.

Several equities research analysts recently issued reports on the company. Zacks Investment Research raised Wintrust Financial from a “hold” rating to a “buy” rating and set a $89.00 price objective for the company in a research note on Tuesday, October 23rd. BidaskClub upgraded Wintrust Financial from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 12th. Stephens upgraded Wintrust Financial from an “equal” rating to a “weight” rating in a research report on Monday, October 15th. ValuEngine downgraded Wintrust Financial from a “hold” rating to a “sell” rating in a research report on Friday, October 19th. Finally, Raymond James lowered their price target on Wintrust Financial from $100.00 to $96.00 and set a “strong-buy” rating on the stock in a research report on Friday, October 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $95.00.

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

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