Wintrust Financial Co. (NASDAQ:WTFC – Get Free Report) CFO David L. Stoehr sold 2,363 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $131.32, for a total value of $310,309.16. Following the completion of the sale, the chief financial officer now owns 19,858 shares of the company’s stock, valued at $2,607,752.56. This represents a 10.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Wintrust Financial Price Performance
Shares of WTFC stock opened at $132.83 on Thursday. Wintrust Financial Co. has a 52 week low of $89.68 and a 52 week high of $142.04. The stock has a market capitalization of $8.83 billion, a PE ratio of 12.88 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.01. The stock’s fifty day moving average is $131.11 and its 200-day moving average is $117.41.
Wintrust Financial (NASDAQ:WTFC – Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The bank reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.11. Wintrust Financial had a net margin of 17.52% and a return on equity of 12.60%. During the same quarter last year, the company posted $1.87 EPS. Equities research analysts expect that Wintrust Financial Co. will post 10.17 EPS for the current fiscal year.
Wintrust Financial Increases Dividend
Analyst Upgrades and Downgrades
Several research analysts recently commented on WTFC shares. StockNews.com cut Wintrust Financial from a “hold” rating to a “sell” rating in a research report on Thursday. Citigroup raised their price objective on shares of Wintrust Financial from $126.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $152.00 target price on shares of Wintrust Financial in a research note on Thursday, January 23rd. Wedbush restated an “outperform” rating and set a $130.00 price target on shares of Wintrust Financial in a research note on Tuesday, October 22nd. Finally, Raymond James reiterated a “strong-buy” rating and issued a $150.00 price objective (up from $135.00) on shares of Wintrust Financial in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Wintrust Financial has an average rating of “Moderate Buy” and a consensus price target of $133.69.
Read Our Latest Analysis on WTFC
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Squarepoint Ops LLC bought a new stake in shares of Wintrust Financial during the second quarter worth $593,000. AQR Capital Management LLC increased its position in Wintrust Financial by 160.0% in the second quarter. AQR Capital Management LLC now owns 67,806 shares of the bank’s stock worth $6,595,000 after purchasing an additional 41,722 shares during the period. Algert Global LLC bought a new stake in Wintrust Financial during the 2nd quarter worth about $613,000. Creative Planning raised its holdings in Wintrust Financial by 12.3% during the 2nd quarter. Creative Planning now owns 10,966 shares of the bank’s stock worth $1,081,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Wintrust Financial by 135.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 13,093 shares of the bank’s stock valued at $1,290,000 after purchasing an additional 7,534 shares during the period. Institutional investors and hedge funds own 93.48% of the company’s stock.
About Wintrust Financial
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.
Read More
- Five stocks we like better than Wintrust Financial
- How to Short Nasdaq: An Easy-to-Follow Guide
- Coinbase Gains Momentum on App Store—What It Means for the Stock
- Investing in the High PE Growth Stocks
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- 3 Steel Stocks Soaring After Tariff Announcements
Receive News & Ratings for Wintrust Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wintrust Financial and related companies with MarketBeat.com's FREE daily email newsletter.