Wintrust Financial Corporation (NASDAQ:WTFC) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of Wintrust Financial Corporation (NASDAQ:WTFC - Get Free Report) have been given a consensus rating of "Moderate Buy" by the thirteen analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $138.00.

Several equities analysts recently commented on WTFC shares. Raymond James Financial reiterated a "strong-buy" rating and set a $155.00 target price (up from $143.00) on shares of Wintrust Financial in a research note on Tuesday, July 8th. Stephens lowered their price target on shares of Wintrust Financial from $145.00 to $132.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Wall Street Zen raised shares of Wintrust Financial from a "sell" rating to a "hold" rating in a report on Saturday. DA Davidson lowered their price target on shares of Wintrust Financial from $140.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Finally, Hovde Group upped their target price on shares of Wintrust Financial from $107.00 to $115.00 and gave the stock a "market perform" rating in a report on Wednesday, April 23rd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WTFC. Vanguard Group Inc. raised its position in shares of Wintrust Financial by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 6,911,488 shares of the bank's stock valued at $861,932,000 after acquiring an additional 58,162 shares during the period. Earnest Partners LLC raised its position in shares of Wintrust Financial by 7.4% in the 1st quarter. Earnest Partners LLC now owns 1,410,773 shares of the bank's stock valued at $158,656,000 after acquiring an additional 97,587 shares during the period. First Trust Advisors LP raised its position in shares of Wintrust Financial by 36.5% in the 4th quarter. First Trust Advisors LP now owns 1,263,837 shares of the bank's stock valued at $157,613,000 after acquiring an additional 337,763 shares during the period. Geode Capital Management LLC increased its stake in Wintrust Financial by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,165,898 shares of the bank's stock worth $145,443,000 after purchasing an additional 10,172 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Wintrust Financial by 2.7% during the 1st quarter. Invesco Ltd. now owns 1,128,724 shares of the bank's stock worth $126,936,000 after purchasing an additional 30,018 shares in the last quarter. 93.48% of the stock is currently owned by institutional investors and hedge funds.

Wintrust Financial Price Performance

NASDAQ WTFC opened at $131.87 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $8.83 billion, a PE ratio of 13.04 and a beta of 0.82. The company has a 50 day moving average price of $122.12 and a two-hundred day moving average price of $119.86. Wintrust Financial has a 12-month low of $89.10 and a 12-month high of $142.04.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The bank reported $2.69 earnings per share for the quarter, topping analysts' consensus estimates of $2.52 by $0.17. Wintrust Financial had a net margin of 17.32% and a return on equity of 12.00%. The business had revenue of $643.11 million during the quarter, compared to analysts' expectations of $643.11 million. During the same period in the previous year, the company earned $2.89 earnings per share. As a group, equities analysts predict that Wintrust Financial will post 10.36 earnings per share for the current fiscal year.

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.

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