Wintrust Financial Corporation $WTFC Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. trimmed its stake by 1.0% in the fourth quarter, selling 70,896 shares and holding 6,747,204 shares (about 10.07% of Wintrust) valued at roughly $943.4 million.
• Wintrust beat expectations for the most recent quarter with EPS of $3.22 versus $2.96 consensus and revenue of $713.2 million (up 10.9% year‑over‑year); net margin was 20.11% and ROE 13.15%.
• The company declared a quarterly dividend of $0.55 (annualized $2.20, ~1.5% yield; ex‑dividend May 14), while analysts maintain a consensus "Moderate Buy" rating and a target price of $168.92.

Vanguard Group Inc. trimmed its stake in shares of Wintrust Financial Corporation (NASDAQ:WTFC - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,747,204 shares of the bank's stock after selling 70,896 shares during the period. Vanguard Group Inc. owned about 10.07% of Wintrust Financial worth $943,394,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Choreo LLC lifted its position in shares of Wintrust Financial by 3.4% during the 4th quarter. Choreo LLC now owns 2,121 shares of the bank's stock valued at $299,000 after acquiring an additional 69 shares during the period. GAMMA Investing LLC lifted its position in shares of Wintrust Financial by 4.6% during the 4th quarter. GAMMA Investing LLC now owns 1,755 shares of the bank's stock valued at $245,000 after acquiring an additional 77 shares during the period. Cresset Asset Management LLC increased its stake in shares of Wintrust Financial by 2.4% during the 3rd quarter. Cresset Asset Management LLC now owns 3,730 shares of the bank's stock worth $494,000 after purchasing an additional 88 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Wintrust Financial by 20.6% during the 2nd quarter. NewEdge Advisors LLC now owns 586 shares of the bank's stock worth $73,000 after purchasing an additional 100 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Wintrust Financial by 1.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 8,129 shares of the bank's stock worth $1,200,000 after purchasing an additional 106 shares in the last quarter. 93.48% of the stock is currently owned by institutional investors and hedge funds.

Wintrust Financial Stock Down 0.7%

Shares of NASDAQ WTFC opened at $149.57 on Friday. Wintrust Financial Corporation has a 1 year low of $113.39 and a 1 year high of $162.96. The firm's 50 day moving average price is $142.23 and its 200 day moving average price is $140.55. The firm has a market cap of $10.09 billion, a P/E ratio of 12.54 and a beta of 0.86. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.97 and a current ratio of 0.98.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last announced its earnings results on Monday, April 20th. The bank reported $3.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.96 by $0.26. Wintrust Financial had a net margin of 20.11% and a return on equity of 13.15%. The firm had revenue of $713.17 million for the quarter, compared to analyst estimates of $707.23 million. During the same quarter last year, the business earned $2.69 earnings per share. Wintrust Financial's revenue was up 10.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Wintrust Financial Corporation will post 13.07 earnings per share for the current year.

Wintrust Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be given a dividend of $0.55 per share. The ex-dividend date is Thursday, May 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.5%. Wintrust Financial's dividend payout ratio (DPR) is 18.44%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on WTFC shares. Barclays raised their price objective on shares of Wintrust Financial from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 22nd. Truist Financial dropped their price objective on shares of Wintrust Financial from $170.00 to $150.00 and set a "buy" rating for the company in a research note on Monday, March 23rd. DA Davidson reissued a "buy" rating and set a $165.00 price objective on shares of Wintrust Financial in a research note on Tuesday, April 21st. UBS Group reissued a "buy" rating and set a $176.00 price objective on shares of Wintrust Financial in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada raised their price objective on shares of Wintrust Financial from $175.00 to $185.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Wintrust Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $168.92.

Insider Buying and Selling

In related news, CFO David L. Stoehr sold 3,020 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $150.45, for a total transaction of $454,359.00. Following the sale, the chief financial officer owned 13,213 shares in the company, valued at approximately $1,987,895.85. This trade represents a 18.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO David A. Dykstra sold 9,579 shares of the firm's stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $148.82, for a total transaction of $1,425,546.78. Following the sale, the chief operating officer owned 179,810 shares in the company, valued at approximately $26,759,324.20. This trade represents a 5.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.24% of the stock is currently owned by company insiders.

Wintrust Financial Company Profile

Wintrust Financial Corporation is a Chicago‐area bank holding company headquartered in Rosemont, Illinois. Through its primary subsidiary, Wintrust Bank, the company operates a network of community banks serving metropolitan Chicago and select markets in southeastern Wisconsin. These locally branded banks provide personalized commercial and consumer banking solutions tailored to small and mid‐size businesses, professionals, and individual clients.

The firm's core offerings include deposit products, commercial and residential lending, treasury management, and mortgage banking services.

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