Nomura Holdings Inc. Makes New $1.10 Million Investment in Wintrust Financial Co. (NASDAQ:WTFC)

Nomura Holdings Inc. bought a new stake in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 8,823 shares of the bank's stock, valued at approximately $1,100,000.

A number of other institutional investors have also modified their holdings of WTFC. Barclays PLC grew its position in shares of Wintrust Financial by 3.5% during the 3rd quarter. Barclays PLC now owns 81,737 shares of the bank's stock valued at $8,870,000 after buying an additional 2,748 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Wintrust Financial by 36.6% during the 4th quarter. Park Avenue Securities LLC now owns 7,459 shares of the bank's stock valued at $930,000 after buying an additional 1,999 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of Wintrust Financial during the 4th quarter valued at about $263,000. UMB Bank n.a. grew its position in shares of Wintrust Financial by 32.2% during the 4th quarter. UMB Bank n.a. now owns 677 shares of the bank's stock valued at $84,000 after buying an additional 165 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in shares of Wintrust Financial by 6.0% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,676 shares of the bank's stock valued at $708,000 after buying an additional 323 shares during the last quarter. Institutional investors and hedge funds own 93.48% of the company's stock.

Wintrust Financial Price Performance

Shares of Wintrust Financial stock traded down $0.50 on Friday, hitting $118.21. The company had a trading volume of 190,290 shares, compared to its average volume of 426,324. The business has a 50-day simple moving average of $110.82 and a 200-day simple moving average of $122.08. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 1.00. The company has a market cap of $7.91 billion, a PE ratio of 11.47 and a beta of 0.81. Wintrust Financial Co. has a 52 week low of $89.10 and a 52 week high of $142.04.

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

Wintrust Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were given a $0.50 dividend. The ex-dividend date was Thursday, May 8th. This represents a $2.00 annualized dividend and a dividend yield of 1.69%. Wintrust Financial's dividend payout ratio (DPR) is presently 19.78%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Barclays upped their target price on shares of Wintrust Financial from $138.00 to $145.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd. Royal Bank of Canada decreased their target price on shares of Wintrust Financial from $152.00 to $135.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. DA Davidson decreased their target price on shares of Wintrust Financial from $140.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Jefferies Financial Group set a $145.00 target price on shares of Wintrust Financial and gave the stock a "buy" rating in a research report on Wednesday. Finally, Stephens decreased their target price on shares of Wintrust Financial from $145.00 to $132.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Wintrust Financial has a consensus rating of "Moderate Buy" and an average target price of $135.77.

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.