iSAM Funds UK Ltd Buys New Shares in Wintrust Financial Co. (NASDAQ:WTFC)

iSAM Funds UK Ltd bought a new stake in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,070 shares of the bank's stock, valued at approximately $258,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp grew its stake in shares of Wintrust Financial by 4,145.2% in the fourth quarter. Fifth Third Bancorp now owns 13,330 shares of the bank's stock valued at $1,662,000 after buying an additional 13,016 shares in the last quarter. KBC Group NV grew its stake in shares of Wintrust Financial by 1,412.8% in the fourth quarter. KBC Group NV now owns 30,393 shares of the bank's stock valued at $3,790,000 after buying an additional 28,384 shares in the last quarter. Entropy Technologies LP bought a new position in shares of Wintrust Financial in the fourth quarter valued at $499,000. Atria Investments Inc grew its stake in shares of Wintrust Financial by 34.5% in the fourth quarter. Atria Investments Inc now owns 10,926 shares of the bank's stock valued at $1,363,000 after buying an additional 2,804 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new position in shares of Wintrust Financial in the fourth quarter valued at $263,000. 93.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on WTFC. Royal Bank of Canada decreased their price objective on shares of Wintrust Financial from $152.00 to $135.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. DA Davidson lowered their price target on shares of Wintrust Financial from $140.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Hovde Group boosted their target price on shares of Wintrust Financial from $107.00 to $115.00 and gave the company a "market perform" rating in a research report on Wednesday, April 23rd. Barclays boosted their target price on shares of Wintrust Financial from $138.00 to $145.00 and gave the company an "overweight" rating in a research report on Wednesday, April 23rd. Finally, Raymond James set a $143.00 target price on shares of Wintrust Financial and gave the company a "strong-buy" rating in a research report on Wednesday, April 23rd. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Wintrust Financial has an average rating of "Moderate Buy" and a consensus target price of $133.54.

Wintrust Financial Stock Down 0.0%

Shares of NASDAQ WTFC opened at $122.02 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.71. The company has a market cap of $8.17 billion, a price-to-earnings ratio of 11.84 and a beta of 0.81. Wintrust Financial Co. has a 12 month low of $89.10 and a 12 month high of $142.04. The stock has a 50-day moving average price of $110.42 and a two-hundred day moving average price of $122.11.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last issued its earnings results on Monday, April 21st. The bank reported $2.69 EPS for the quarter, topping the consensus estimate of $2.52 by $0.17. The firm had revenue of $643.11 million during the quarter, compared to the consensus estimate of $643.11 million. Wintrust Financial had a return on equity of 12.60% and a net margin of 17.52%. During the same quarter in the previous year, the firm earned $2.89 earnings per share. As a group, analysts forecast that Wintrust Financial Co. will post 10.36 earnings per share for the current fiscal year.

Wintrust Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.64%. The ex-dividend date is Thursday, May 8th. Wintrust Financial's payout ratio is 19.78%.

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.

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