Russell Investments Group Ltd. Sells 4,263 Shares of Wintrust Financial Co. (NASDAQ:WTFC)

Russell Investments Group Ltd. reduced its stake in Wintrust Financial Co. ( NASDAQ:WTFC – Free Report ) by 12.

6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 29,475 shares of the bank’s stock after selling 4,263 shares during the quarter.



Russell Investments Group Ltd.’s holdings in Wintrust Financial were worth $3,676,000 at the end of the most recent reporting period. Several other hedge funds have also modified their holdings of the company.

Journey Strategic Wealth LLC grew its stake in Wintrust Financial by 3.6% in the fourth quarter. Journey Strategic Wealth LLC now owns 2,569 shares of the bank’s stock worth $320,000 after purchasing an additional 89 shares in the last quarter.

Louisiana State Employees Retirement System raised its position in Wintrust Financial by 0.5% during the fourth quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the bank’s stock valued at $2,307,000 after acquiring an additional 100 shares in the last quarter.

MML Investors Services LLC raised its holdings in Wintrust Financial by 1.7% in the 3rd quarter. MML Investors Services LLC now owns 6,201 shares of the bank’s stock worth $673,000 after purchasing an additional 106 shares during the period.

Gitterman Wealth Management LLC raised its position in shares of Wintrust Financial by 5.0% during the 4th quarter. Gitterman Wealth Management LLC now owns 2,373 shares of the bank’s stock worth $296,000 after purchasing an additional 113 shares during the last quarter.

Finally, Huntington National Bank boosted its stake in shares of Wintrust Financial by 3.3% in the fourth quarter. Huntington National Bank now owns 3,971 shares of the bank’s stock worth $495,000 after acquiring an additional 127 shares during the last quarter.

93.48% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other Wintrust Financial news, insider Richard B.

Murphy sold 3,186 shares of Wintrust Financial stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $131.30, for a total value of $418,321.

80. Following the completion of the sale, the insider now directly owns 48,814 shares in the company, valued at $6,409,278.20.

The trade was a 6.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .

Also, CFO David L. Stoehr sold 2,363 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $131.

32, for a total value of $310,309.16. Following the transaction, the chief financial officer now 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 disclosure for this sale can be found here . In the last three months, insiders have sold 10,178 shares of company stock worth $1,336,315. Corporate insiders own 1.

47% of the company’s stock. Analyst Ratings Changes Check Out Our Latest Analysis on Wintrust Financial Wintrust Financial Stock Performance Shares of WTFC opened at $101.61 on Thursday.

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’s fifty day moving average price is $114.15 and its 200 day moving average price is $121.

59. Wintrust Financial Co. has a 12-month low of $89.

10 and a 12-month high of $142.04. The stock has a market capitalization of $6.

80 billion, a PE ratio of 9.86 and a beta of 0.94.

Wintrust Financial ( NASDAQ:WTFC – Get Free Report ) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.

52 by $0.11. Wintrust Financial had a return on equity of 12.

60% and a net margin of 17.52%. During the same period in the previous year, the business earned $1.

87 earnings per share. Equities research analysts forecast that Wintrust Financial Co. will post 10.

36 EPS for the current year. Wintrust Financial Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be issued a dividend of $0.

50 per share. The ex-dividend date is Thursday, May 8th. This represents a $2.

00 annualized dividend and a yield of 1.97%. Wintrust Financial’s payout ratio is presently 19.

40%. Wintrust Financial Company Profile ( 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. Recommended Stories 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.

( NASDAQ:WTFC – Free Report ). Receive News & Ratings for Wintrust Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wintrust Financial and related companies with MarketBeat.com's FREE daily email newsletter .

.