Wintrust Financial Co. (NASDAQ:WTFC) Shares Purchased by Two Sigma Securities LLC

Two Sigma Securities LLC grew its holdings in shares of Wintrust Financial Co. (NASDAQ:WTFC - Free Report) by 54.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,987 shares of the bank's stock after purchasing an additional 2,462 shares during the quarter. Two Sigma Securities LLC's holdings in Wintrust Financial were worth $871,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Wintrust Financial during the 4th quarter worth about $94,906,000. Sei Investments Co. grew its position in Wintrust Financial by 261.4% during the 4th quarter. Sei Investments Co. now owns 698,628 shares of the bank's stock worth $87,126,000 after acquiring an additional 505,293 shares during the last quarter. First Trust Advisors LP grew its position in Wintrust Financial by 36.5% during the 4th quarter. First Trust Advisors LP now owns 1,263,837 shares of the bank's stock worth $157,613,000 after acquiring an additional 337,763 shares during the last quarter. Raymond James Financial Inc. bought a new position in Wintrust Financial in the 4th quarter valued at $40,562,000. Finally, Clearbridge Investments LLC boosted its position in Wintrust Financial by 41.3% in the 4th quarter. Clearbridge Investments LLC now owns 865,409 shares of the bank's stock valued at $107,925,000 after buying an additional 253,050 shares during the last quarter. Institutional investors and hedge funds own 93.48% of the company's stock.

Insider Buying and Selling

In other Wintrust Financial news, CFO David L. Stoehr sold 2,363 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $131.32, for a total transaction of $310,309.16. Following the sale, the chief financial officer now directly owns 19,858 shares of the company's stock, valued at approximately $2,607,752.56. This trade represents a 10.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jeffrey D. Hahnfeld sold 416 shares of the firm's stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $130.95, for a total transaction of $54,475.20. Following the completion of the transaction, the executive vice president now directly owns 2,276 shares in the company, valued at $298,042.20. This represents a 15.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,178 shares of company stock valued at $1,336,315 in the last 90 days. Company insiders own 1.01% of the company's stock.

Wintrust Financial Price Performance

WTFC traded up $1.36 during trading on Monday, reaching $112.15. The stock had a trading volume of 620,059 shares, compared to its average volume of 420,275. The stock has a market cap of $7.50 billion, a PE ratio of 10.88 and a beta of 0.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.00 and a current ratio of 1.01. Wintrust Financial Co. has a one year low of $89.10 and a one year high of $142.04. The business has a 50-day moving average of $110.39 and a 200-day moving average of $121.82.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The bank reported $2.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.52 by $0.17. Wintrust Financial had a return on equity of 12.60% and a net margin of 17.52%. The business had revenue of $643.11 million during the quarter, compared to the consensus estimate of $643.11 million. During the same quarter in the prior year, the company earned $2.89 earnings per share. As a group, equities research analysts anticipate that Wintrust Financial Co. will post 10.36 EPS for the current fiscal year.

Wintrust Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, May 8th. Wintrust Financial's dividend payout ratio is currently 19.78%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on WTFC shares. Truist Financial cut their price target on Wintrust Financial from $150.00 to $137.00 and set a "buy" rating on the stock in a research note on Friday. Royal Bank of Canada reduced their price target on Wintrust Financial from $152.00 to $135.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Barclays upped their price target on Wintrust Financial from $138.00 to $145.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd. DA Davidson cut their price objective on Wintrust Financial from $140.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Finally, StockNews.com downgraded Wintrust Financial from a "hold" rating to a "sell" rating in a report on Saturday, February 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $133.54.

Wintrust Financial 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.