MUFG Securities EMEA plc acquired a new position in shares of Wintrust Financial Corp (NASDAQ:WTFC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 27,700 shares of the bank’s stock, valued at approximately $1,842,000.
Several other large investors have also recently made changes to their positions in WTFC. OLD Second National Bank of Aurora boosted its stake in Wintrust Financial by 100.0% in the 4th quarter. OLD Second National Bank of Aurora now owns 400 shares of the bank’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Huntington National Bank boosted its stake in Wintrust Financial by 43,700.0% in the 4th quarter. Huntington National Bank now owns 438 shares of the bank’s stock valued at $29,000 after buying an additional 437 shares in the last quarter. Quantamental Technologies LLC acquired a new stake in Wintrust Financial in the 4th quarter valued at $33,000. Private Capital Group LLC boosted its stake in Wintrust Financial by 1,251.0% in the 4th quarter. Private Capital Group LLC now owns 689 shares of the bank’s stock valued at $46,000 after buying an additional 638 shares in the last quarter. Finally, Toronto Dominion Bank acquired a new stake in Wintrust Financial in the 4th quarter valued at $74,000. 89.36% of the stock is currently owned by institutional investors.
Several brokerages recently commented on WTFC. BidaskClub lowered Wintrust Financial from a “hold” rating to a “sell” rating in a research note on Thursday, February 28th. Piper Jaffray Companies raised Wintrust Financial from a “neutral” rating to an “overweight” rating in a research note on Monday, January 7th. Finally, Zacks Investment Research raised Wintrust Financial from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research note on Tuesday, December 25th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Wintrust Financial has a consensus rating of “Buy” and an average price target of $93.00.
Shares of WTFC opened at $72.46 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.39. Wintrust Financial Corp has a 52-week low of $61.53 and a 52-week high of $99.96. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.80 and a beta of 0.95.
Wintrust Financial (NASDAQ:WTFC) last issued 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). Wintrust Financial had a net margin of 22.47% and a return on equity of 11.36%. The business had revenue of $329.40 million during the quarter, compared to the consensus estimate of $344.46 million. During the same quarter in the previous year, the firm posted $1.17 EPS. On average, equities research analysts forecast that Wintrust Financial Corp will post 6.58 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Thursday, February 7th were given a $0.25 dividend. This is an increase from Wintrust Financial’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, February 6th. This represents a $1.00 annualized dividend and a yield of 1.38%. Wintrust Financial’s payout ratio is presently 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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