Wintrust Financial Co. (NASDAQ:WTFC) Shares Bought by DHJJ Financial Advisors Ltd.

DHJJ Financial Advisors Ltd. grew its position in Wintrust Financial Co. (NASDAQ:WTFC) by 111.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,033 shares of the bank’s stock after purchasing an additional 545 shares during the period. DHJJ Financial Advisors Ltd.’s holdings in Wintrust Financial were worth $112,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WTFC. PNC Financial Services Group Inc. lifted its position in Wintrust Financial by 84.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,745 shares of the bank’s stock valued at $533,000 after buying an additional 2,623 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Wintrust Financial by 17.8% in the 1st quarter. Park Avenue Securities LLC now owns 6,620 shares of the bank’s stock valued at $691,000 after acquiring an additional 998 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Wintrust Financial by 8.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,234 shares of the bank’s stock valued at $651,000 after acquiring an additional 498 shares in the last quarter. Oliver Luxxe Assets LLC boosted its position in Wintrust Financial by 1.7% during the 1st quarter. Oliver Luxxe Assets LLC now owns 9,290 shares of the bank’s stock worth $970,000 after purchasing an additional 157 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in Wintrust Financial by 157.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 190,416 shares of the bank’s stock valued at $19,878,000 after purchasing an additional 116,503 shares in the last quarter. Hedge funds and other institutional investors own 93.48% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Stephens restated an “overweight” rating and set a $115.00 price objective on shares of Wintrust Financial in a research note on Thursday, July 18th. Keefe, Bruyette & Woods cut Wintrust Financial from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $110.00 to $115.00 in a report on Friday, July 19th. Truist Financial increased their price objective on shares of Wintrust Financial from $123.00 to $127.00 and gave the company a “buy” rating in a research report on Wednesday. Citigroup boosted their target price on shares of Wintrust Financial from $126.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, DA Davidson raised their price target on shares of Wintrust Financial from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $123.00.

Wintrust Financial Stock Performance

Shares of Wintrust Financial stock opened at $114.33 on Thursday. The firm has a market cap of $7.60 billion, a PE ratio of 11.97 and a beta of 1.16. Wintrust Financial Co. has a 1 year low of $71.86 and a 1 year high of $117.77. The firm’s 50-day simple moving average is $107.17 and its 200-day simple moving average is $102.16. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.99 and a current ratio of 1.02.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Monday, October 21st. The bank reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.03). Wintrust Financial had a return on equity of 11.99% and a net margin of 16.52%. The firm had revenue of $615.73 million for the quarter, compared to the consensus estimate of $623.45 million. During the same period in the prior year, the business earned $2.53 EPS. The company’s quarterly revenue was up 7.1% on a year-over-year basis. Equities analysts forecast that Wintrust Financial Co. will post 10.11 earnings per share for the current fiscal year.

Wintrust Financial Profile

Wintrust Financial Corporation operates as a financial holding company. 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), online and mobile banking, and other services.