3,257 Shares in Wintrust Financial Corporation $WTFC Bought by Caprock Group LLC

Caprock Group LLC acquired a new position in shares of Wintrust Financial Corporation (NASDAQ:WTFC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,257 shares of the bank’s stock, valued at approximately $447,000.

Other large investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new position in shares of Wintrust Financial in the 1st quarter valued at approximately $27,000. Jones Financial Companies Lllp boosted its holdings in shares of Wintrust Financial by 49.0% in the first quarter. Jones Financial Companies Lllp now owns 1,019 shares of the bank’s stock valued at $115,000 after buying an additional 335 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Wintrust Financial by 7.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 179,430 shares of the bank’s stock worth $20,179,000 after acquiring an additional 12,103 shares in the last quarter. CWM LLC raised its holdings in shares of Wintrust Financial by 13.8% during the second quarter. CWM LLC now owns 1,398 shares of the bank’s stock worth $173,000 after acquiring an additional 169 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Wintrust Financial in the 2nd quarter valued at $675,000. Institutional investors own 93.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. DA Davidson increased their target price on Wintrust Financial from $165.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Barclays upped their price objective on Wintrust Financial from $178.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Truist Financial lifted their target price on Wintrust Financial from $158.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, January 26th. UBS Group restated a “buy” rating and issued a $176.00 target price on shares of Wintrust Financial in a research note on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Wintrust Financial in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Wintrust Financial has a consensus rating of “Moderate Buy” and an average price target of $165.31.

Wintrust Financial Price Performance

Shares of NASDAQ WTFC opened at $153.92 on Wednesday. The firm has a market cap of $10.31 billion, a P/E ratio of 13.50 and a beta of 0.88. The business’s 50 day moving average is $146.95 and its 200-day moving average is $136.84. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.66. Wintrust Financial Corporation has a 1-year low of $89.10 and a 1-year high of $162.96.

Wintrust Financial (NASDAQ:WTFC) last issued its quarterly earnings results on Tuesday, January 20th. The bank reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.22. Wintrust Financial had a return on equity of 12.95% and a net margin of 19.48%.The business had revenue of $714.26 million during the quarter, compared to analysts’ expectations of $700.85 million. During the same period in the previous year, the company posted $2.63 earnings per share. Equities research analysts predict that Wintrust Financial Corporation will post 10.36 earnings per share for the current year.

Wintrust Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, February 5th. This is an increase from Wintrust Financial’s previous quarterly dividend of $0.50. This represents a $2.20 annualized dividend and a dividend yield of 1.4%. Wintrust Financial’s payout ratio is 19.30%.

Insider Activity at Wintrust Financial

In other news, CFO David L. Stoehr sold 2,499 shares of Wintrust Financial stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $146.16, for a total value of $365,253.84. Following the completion of the transaction, the chief financial officer directly owned 18,638 shares of the company’s stock, valued at approximately $2,724,130.08. This trade represents a 11.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jeffrey D. Hahnfeld sold 314 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $145.43, for a total value of $45,665.02. Following the completion of the transaction, the executive vice president directly owned 1,947 shares in the company, valued at approximately $283,152.21. This trade represents a 13.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,662 shares of company stock valued at $1,705,730 in the last quarter. Insiders own 1.01% of the company’s stock.

About Wintrust Financial

Wintrust Financial Corporation is a Chicago‐area bank holding company headquartered in Rosemont, Illinois. Through its primary subsidiary, Wintrust Bank, the company operates a network of community banks serving metropolitan Chicago and select markets in southeastern Wisconsin. These locally branded banks provide personalized commercial and consumer banking solutions tailored to small and mid‐size businesses, professionals, and individual clients.

The firm’s core offerings include deposit products, commercial and residential lending, treasury management, and mortgage banking services.