Janus Henderson Group PLC Lowers Stock Position in Wintrust Financial Co. (NASDAQ:WTFC)

Janus Henderson Group PLC reduced its position in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) by 9.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 696,934 shares of the bank's stock after selling 70,809 shares during the period. Janus Henderson Group PLC owned about 1.05% of Wintrust Financial worth $86,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Journey Strategic Wealth LLC lifted its stake in shares of Wintrust Financial by 3.6% in the 4th quarter. Journey Strategic Wealth LLC now owns 2,569 shares of the bank's stock valued at $320,000 after purchasing an additional 89 shares during the period. Louisiana State Employees Retirement System lifted its stake in shares of Wintrust Financial by 0.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the bank's stock valued at $2,307,000 after purchasing an additional 100 shares during the period. Gitterman Wealth Management LLC lifted its stake in shares of Wintrust Financial by 5.0% in the 4th quarter. Gitterman Wealth Management LLC now owns 2,373 shares of the bank's stock valued at $296,000 after purchasing an additional 113 shares during the period. Huntington National Bank lifted its stake in shares of Wintrust Financial by 3.3% in the 4th quarter. Huntington National Bank now owns 3,971 shares of the bank's stock valued at $495,000 after purchasing an additional 127 shares during the period. Finally, Access Investment Management LLC lifted its stake in shares of Wintrust Financial by 0.7% in the 4th quarter. Access Investment Management LLC now owns 17,855 shares of the bank's stock valued at $2,227,000 after purchasing an additional 130 shares during the period. 93.48% of the stock is currently owned by institutional investors and hedge funds.

Wintrust Financial Price Performance

Shares of Wintrust Financial stock traded up $0.01 during trading hours on Friday, reaching $122.30. 398,977 shares of the company's stock were exchanged, compared to its average volume of 425,353. Wintrust Financial Co. has a 1 year low of $89.10 and a 1 year high of $142.04. The company has a market capitalization of $8.19 billion, a P/E ratio of 11.86 and a beta of 0.81. The business has a fifty day moving average of $109.89 and a two-hundred day moving average of $122.06. 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 (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. Wintrust Financial had a net margin of 17.52% and a return on equity of 12.60%. The firm had revenue of $643.11 million during the quarter, compared to analyst estimates of $643.11 million. During the same quarter in the prior year, the firm posted $2.89 earnings per share. As a group, research analysts predict that Wintrust Financial Co. will post 10.36 earnings per share for the current fiscal year.

Wintrust Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, May 8th. Wintrust Financial's dividend payout ratio is currently 19.78%.

Analyst Upgrades and Downgrades

WTFC has been the subject of several analyst reports. StockNews.com upgraded shares of Wintrust Financial from a "sell" rating to a "hold" rating in a research note on Tuesday, April 29th. Stephens reduced their price objective 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. Raymond James set a $143.00 price objective on shares of Wintrust Financial and gave the stock a "strong-buy" rating in a research report on Wednesday, April 23rd. Barclays upped their price objective 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. Finally, Hovde Group upped 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 report on Wednesday, April 23rd. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $133.54.

About Wintrust Financial

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.