Fuller & Thaler Asset Management Inc. Lowers Stock Position in Wintrust Financial Co. (NASDAQ:WTFC)

Fuller & Thaler Asset Management Inc. decreased its holdings in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,133,364 shares of the bank's stock after selling 8,029 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 1.70% of Wintrust Financial worth $141,342,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Millstone Evans Group LLC bought a new stake in shares of Wintrust Financial in the fourth quarter worth $43,000. Global Retirement Partners LLC lifted its holdings in Wintrust Financial by 63.5% in the fourth quarter. Global Retirement Partners LLC now owns 376 shares of the bank's stock worth $47,000 after acquiring an additional 146 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Wintrust Financial by 32.1% in the fourth quarter. Versant Capital Management Inc now owns 539 shares of the bank's stock worth $67,000 after acquiring an additional 131 shares during the last quarter. UMB Bank n.a. lifted its holdings in Wintrust Financial by 32.2% in the fourth quarter. UMB Bank n.a. now owns 677 shares of the bank's stock worth $84,000 after acquiring an additional 165 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in Wintrust Financial by 920.9% in the fourth quarter. Jones Financial Companies Lllp now owns 684 shares of the bank's stock worth $85,000 after acquiring an additional 617 shares during the last quarter. Hedge funds and other institutional investors own 93.48% of the company's stock.

Insider Buying and Selling at Wintrust Financial

In related news, CFO David L. Stoehr sold 2,363 shares of Wintrust Financial stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $131.32, for a total value of $310,309.16. Following the completion of the sale, the chief financial officer now directly owns 19,858 shares in the company, valued at approximately $2,607,752.56. This trade represents a 10.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jeffrey D. Hahnfeld sold 416 shares of Wintrust Financial stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $130.95, for a total value of $54,475.20. Following the completion of the sale, the executive vice president now owns 2,276 shares of the company's stock, valued at $298,042.20. The trade was a 15.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,178 shares of company stock valued at $1,336,315. 1.01% of the stock is currently owned by company insiders.

Wintrust Financial Price Performance

WTFC stock traded down $0.26 during mid-day trading on Monday, hitting $110.53. 217,633 shares of the stock were exchanged, compared to its average volume of 496,468. Wintrust Financial Co. has a 12 month low of $89.10 and a 12 month high of $142.04. 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 business has a fifty day moving average price of $110.76 and a 200 day moving average price of $121.81. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 10.72 and a beta of 0.94.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The bank reported $2.69 EPS for the quarter, topping analysts' consensus estimates of $2.52 by $0.17. Wintrust Financial had a return on equity of 12.60% and a net margin of 17.52%. The company had revenue of $643.11 million during the quarter, compared to analyst estimates of $643.11 million. During the same quarter last year, the firm posted $2.89 earnings per share. On average, sell-side analysts anticipate that Wintrust Financial Co. will post 10.36 EPS for the current year.

Wintrust Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.81%. The ex-dividend date is Thursday, May 8th. Wintrust Financial's dividend payout ratio is currently 19.78%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WTFC. Royal Bank of Canada lowered their price objective on shares of Wintrust Financial from $152.00 to $135.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Truist Financial decreased their price objective on shares of Wintrust Financial from $150.00 to $137.00 and set a "buy" rating for the company in a research note on Friday. Hovde Group raised their price objective on shares of Wintrust Financial from $107.00 to $115.00 and gave the stock a "market perform" rating in a research note 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 note on Wednesday, April 23rd. Finally, Barclays raised their target price on Wintrust Financial from $138.00 to $145.00 and gave the company an "overweight" rating in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Wintrust Financial presently has a consensus rating of "Moderate Buy" and an average price target of $133.54.

Wintrust Financial Company 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.