Keeley Teton Advisors LLC Sells 3,080 Shares of Wintrust Financial Co. (NASDAQ:WTFC)

Keeley Teton Advisors LLC lessened its holdings in Wintrust Financial Co. (NASDAQ:WTFC - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,847 shares of the bank's stock after selling 3,080 shares during the period. Wintrust Financial comprises approximately 1.0% of Keeley Teton Advisors LLC's portfolio, making the stock its 11th biggest position. Keeley Teton Advisors LLC owned about 0.10% of Wintrust Financial worth $8,586,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Millstone Evans Group LLC bought a new stake in Wintrust Financial during the fourth quarter valued at about $43,000. Global Retirement Partners LLC lifted its holdings in Wintrust Financial by 63.5% in the fourth quarter. Global Retirement Partners LLC now owns 376 shares of the bank's stock valued at $47,000 after buying an additional 146 shares during the period. Versant Capital Management Inc increased its holdings in Wintrust Financial by 32.1% in the fourth quarter. Versant Capital Management Inc now owns 539 shares of the bank's stock valued at $67,000 after purchasing an additional 131 shares during the last quarter. UMB Bank n.a. boosted its stake in Wintrust Financial by 32.2% during the 4th quarter. UMB Bank n.a. now owns 677 shares of the bank's stock worth $84,000 after acquiring an additional 165 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Wintrust Financial by 920.9% in the fourth quarter. Jones Financial Companies Lllp now owns 684 shares of the bank's stock valued at $85,000 after acquiring an additional 617 shares during the period. Hedge funds and other institutional investors own 93.48% of the company's stock.

Wintrust Financial Stock Performance

Wintrust Financial stock traded up $0.90 during midday trading on Friday, reaching $102.51. The stock had a trading volume of 653,968 shares, compared to its average volume of 414,319. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $6.86 billion, a PE ratio of 9.94 and a beta of 0.94. Wintrust Financial Co. has a 12 month low of $89.10 and a 12 month high of $142.04. The firm's 50-day moving average price is $113.61 and its 200 day moving average price is $121.55.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last issued its earnings results on Tuesday, January 21st. The bank reported $2.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.52 by $0.11. Wintrust Financial had a net margin of 17.52% and a return on equity of 12.60%. During the same quarter in the previous year, the business posted $1.87 EPS. As a group, research analysts predict that Wintrust Financial Co. will post 10.36 earnings per share for the current fiscal year.

Wintrust Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be issued a $0.50 dividend. The ex-dividend date is Thursday, May 8th. This represents a $2.00 annualized dividend and a dividend yield of 1.95%. Wintrust Financial's payout ratio is currently 19.40%.

Insider Buying and Selling

In other news, insider Richard B. Murphy sold 3,186 shares of the business's stock in a transaction dated Tuesday, January 28th. The stock was 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 owns 48,814 shares of the company's stock, valued at approximately $6,409,278.20. The trade was a 6.13 % 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 416 shares of the firm's stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $130.95, for a total transaction of $54,475.20. Following the completion of the sale, the executive vice president now directly owns 2,276 shares in the company, valued at approximately $298,042.20. This trade represents a 15.45 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,178 shares of company stock worth $1,336,315. Corporate insiders own 1.47% of the company's stock.

Analysts Set New Price Targets

WTFC has been the topic of several analyst reports. Royal Bank of Canada reiterated an "outperform" rating and set a $152.00 target price on shares of Wintrust Financial in a report on Thursday, January 23rd. Piper Sandler lifted their price target on shares of Wintrust Financial from $151.00 to $156.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Raymond James reaffirmed a "strong-buy" rating and set a $150.00 price objective (up previously from $135.00) on shares of Wintrust Financial in a research report on Thursday, January 23rd. Truist Financial raised Wintrust Financial to a "strong-buy" rating in a research note on Monday, January 6th. Finally, StockNews.com lowered Wintrust Financial from a "hold" rating to a "sell" rating in a research report on Saturday, February 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Wintrust Financial presently has an average rating of "Moderate Buy" and an average price target of $132.38.

About Wintrust Financial

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.