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

Nomura Holdings Inc. purchased a new position in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 8,823 shares of the bank's stock, valued at approximately $1,100,000.

Other large investors have also recently modified their holdings of the company. Millstone Evans Group LLC purchased a new position in shares of Wintrust Financial in the 4th quarter worth about $43,000. Global Retirement Partners LLC raised its position in shares of Wintrust Financial by 63.5% in the 4th quarter. Global Retirement Partners LLC now owns 376 shares of the bank's stock worth $47,000 after purchasing an additional 146 shares during the last quarter. Quarry LP purchased a new position in shares of Wintrust Financial in the 4th quarter worth about $78,000. UMB Bank n.a. raised its position in shares of Wintrust Financial by 32.2% in the 4th quarter. UMB Bank n.a. now owns 677 shares of the bank's stock worth $84,000 after purchasing an additional 165 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in Wintrust Financial by 920.9% in the 4th quarter. Jones Financial Companies Lllp now owns 684 shares of the bank's stock worth $85,000 after buying an additional 617 shares during the last quarter. Hedge funds and other institutional investors own 93.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on WTFC shares. DA Davidson decreased their target price on Wintrust Financial from $140.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Raymond James set a $143.00 target price on Wintrust Financial and gave the stock a "strong-buy" rating in a research report on Wednesday, April 23rd. Truist Financial decreased their target price on Wintrust Financial from $150.00 to $137.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Stephens decreased their target price on Wintrust Financial from $145.00 to $132.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Finally, Piper Sandler reissued an "above average" rating on shares of Wintrust Financial 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 given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $133.54.

Wintrust Financial Trading Up 0.0%

Wintrust Financial stock opened at $122.30 on Monday. The business has a 50-day simple moving average of $109.89 and a two-hundred day simple moving average of $122.06. The company has a market cap of $8.19 billion, a P/E ratio of 11.86 and a beta of 0.81. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. 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 announced its quarterly earnings data on Monday, April 21st. The bank reported $2.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.52 by $0.17. The company 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 period in the previous year, the company posted $2.89 EPS. Analysts predict that Wintrust Financial Co. will post 10.36 EPS for the current year.

Wintrust Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, May 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.64%. Wintrust Financial's dividend payout ratio (DPR) is presently 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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