Wintrust Financial Co. (NASDAQ:WTFC) is Moody Aldrich Partners LLC's 4th Largest Position

Moody Aldrich Partners LLC reduced its stake in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) by 9.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 105,012 shares of the bank's stock after selling 10,574 shares during the period. Wintrust Financial accounts for approximately 1.8% of Moody Aldrich Partners LLC's holdings, making the stock its 4th largest holding. Moody Aldrich Partners LLC owned about 0.17% of Wintrust Financial worth $9,740,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in Wintrust Financial by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,015 shares of the bank's stock worth $255,000 after acquiring an additional 123 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Wintrust Financial by 6.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,048 shares of the bank's stock worth $172,000 after acquiring an additional 126 shares in the last quarter. Advisor Group Holdings Inc. raised its stake in shares of Wintrust Financial by 3.4% in the 4th quarter. Advisor Group Holdings Inc. now owns 4,135 shares of the bank's stock valued at $351,000 after purchasing an additional 135 shares during the period. Treasurer of the State of North Carolina raised its stake in shares of Wintrust Financial by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 26,713 shares of the bank's stock valued at $2,017,000 after purchasing an additional 140 shares during the period. Finally, Signaturefd LLC raised its stake in shares of Wintrust Financial by 5.3% in the 3rd quarter. Signaturefd LLC now owns 3,028 shares of the bank's stock valued at $229,000 after purchasing an additional 153 shares during the period. 93.48% of the stock is currently owned by institutional investors.

Wintrust Financial Stock Up 0.0 %

NASDAQ:WTFC traded up $0.05 on Tuesday, hitting $101.49. The stock had a trading volume of 235,777 shares, compared to its average volume of 404,928. The firm's fifty day simple moving average is $97.69 and its two-hundred day simple moving average is $89.76. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.99 and a current ratio of 0.99. Wintrust Financial Co. has a 1 year low of $58.12 and a 1 year high of $105.29. The stock has a market cap of $6.27 billion, a P/E ratio of 10.59 and a beta of 1.21.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last issued its quarterly earnings results on Thursday, January 18th. The bank reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.42 by ($0.55). Wintrust Financial had a return on equity of 13.23% and a net margin of 18.71%. The company had revenue of $570.80 million for the quarter, compared to analysts' expectations of $578.89 million. During the same quarter in the previous year, the business earned $2.23 EPS. Analysts predict that Wintrust Financial Co. will post 9.93 earnings per share for the current year.

Wintrust Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 8th were paid a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.77%. This is a positive change from Wintrust Financial's previous quarterly dividend of $0.40. Wintrust Financial's dividend payout ratio (DPR) is presently 18.79%.

Insider Transactions at Wintrust Financial

In related news, insider Edward J. Wehmer sold 9,500 shares of Wintrust Financial stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $99.36, for a total value of $943,920.00. Following the completion of the transaction, the insider now directly owns 177,124 shares in the company, valued at approximately $17,599,040.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Edward J. Wehmer sold 9,500 shares of Wintrust Financial stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $99.36, for a total value of $943,920.00. Following the completion of the transaction, the insider now directly owns 177,124 shares in the company, valued at approximately $17,599,040.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jeffrey D. Hahnfeld sold 588 shares of Wintrust Financial stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $97.88, for a total transaction of $57,553.44. Following the completion of the transaction, the executive vice president now owns 3,410 shares of the company's stock, valued at $333,770.80. The disclosure for this sale can be found here. 1.39% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank of Canada lifted their price target on Wintrust Financial from $109.00 to $116.00 and gave the company an "outperform" rating in a research note on Tuesday. UBS Group lifted their price target on Wintrust Financial from $105.00 to $113.00 and gave the company a "buy" rating in a research note on Tuesday, January 23rd. Citigroup lifted their price target on Wintrust Financial from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, March 18th. Raymond James lifted their price target on Wintrust Financial from $95.00 to $115.00 and gave the company a "strong-buy" rating in a research note on Friday, January 19th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $110.00 target price on shares of Wintrust Financial in a research report on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Wintrust Financial has an average rating of "Moderate Buy" and an average price target of $111.17.

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.