1 day Ago By ABMN Staff
Commonwealth Equity Services LLC boosted its stake in Wintrust Financial Co. ( NASDAQ:WTFC – Free Report ) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The firm owned 9,058 shares of the bank’s stock after purchasing an additional 224 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Wintrust Financial were worth $893,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also added to or reduced their stakes in the company.
Johnson Financial Group Inc. bought a new position in Wintrust Financial in the 4th quarter worth about $25,000. Concord Wealth Partners purchased a new stake in shares of Wintrust Financial in the 1st quarter valued at about $26,000.
Opal Wealth Advisors LLC purchased a new stake in shares of Wintrust Financial in the 1st quarter valued at about $27,000. Versant Capital Management Inc raised its holdings in shares of Wintrust Financial by 825.0% in the 2nd quarter.
Versant Capital Management Inc now owns 296 shares of the bank’s stock valued at $29,000 after acquiring an additional 264 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. raised its holdings in shares of Wintrust Financial by 70.
0% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 488 shares of the bank’s stock valued at $51,000 after acquiring an additional 201 shares in the last quarter.
Institutional investors own 93.48% of the company’s stock. Wintrust Financial Price Performance Shares of WTFC stock opened at $108.
07 on Wednesday. The firm has a market cap of $6.67 billion, a P/E ratio of 11.
18 and a beta of 1.16. Wintrust Financial Co.
has a fifty-two week low of $71.86 and a fifty-two week high of $113.68.
The business’s 50 day moving average price is $104.28 and its 200-day moving average price is $100.32.
The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.99 and a current ratio of 0.
99. Wintrust Financial Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 8th were given a dividend of $0.
45 per share. The ex-dividend date was Thursday, August 8th. This represents a $1.
80 annualized dividend and a dividend yield of 1.67%. Wintrust Financial’s dividend payout ratio is presently 18.
61%. Wall Street Analyst Weigh In Several research firms have weighed in on WTFC. Keefe, Bruyette & Woods cut Wintrust Financial from an “outperform” rating to a “market perform” rating and raised their price target for the company from $110.
00 to $115.00 in a report on Friday, July 19th. Royal Bank of Canada raised their price target on Wintrust Financial from $116.
00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, July 9th. Jefferies Financial Group decreased their price objective on Wintrust Financial from $118.
00 to $116.00 and set a “buy” rating on the stock in a report on Wednesday, July 3rd. DA Davidson raised their price objective on Wintrust Financial from $120.
00 to $125.00 and gave the company a “buy” rating in a report on Friday, July 19th. Finally, Hovde Group reissued a “market perform” rating and set a $100.
00 price objective on shares of Wintrust Financial in a report on Friday, June 21st. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $117.
85. View Our Latest Analysis on WTFC About Wintrust Financial ( Free Report ) 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. Read More Want to see what other hedge funds are holding WTFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wintrust Financial Co.
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