Wintrust Financial Corporation (NASDAQ:WTFC) EVP David A. Dykstra sold 22,476 shares of Wintrust Financial Corporation stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $79.86, for a total value of $1,794,933.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Wintrust Financial Corporation (NASDAQ:WTFC) traded up 1.08% during trading on Tuesday, reaching $80.30. The company’s stock had a trading volume of 178,762 shares. The company has a 50 day moving average price of $75.42 and a 200-day moving average price of $73.76. The company has a market capitalization of $4.48 billion, a PE ratio of 20.25 and a beta of 0.83. Wintrust Financial Corporation has a 52 week low of $51.65 and a 52 week high of $81.46.

Wintrust Financial Corporation (NASDAQ:WTFC) last announced its earnings results on Wednesday, October 18th. The bank reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.04. The firm had revenue of $295.70 million for the quarter, compared to analysts’ expectations of $298.96 million. Wintrust Financial Corporation had a return on equity of 9.32% and a net margin of 19.74%. Wintrust Financial Corporation’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. Equities research analysts anticipate that Wintrust Financial Corporation will post $4.32 earnings per share for the current year.

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A number of brokerages have recently issued reports on WTFC. Jefferies Group LLC reaffirmed a “hold” rating and issued a $80.00 price target on shares of Wintrust Financial Corporation in a research note on Friday, August 11th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $84.00 price target on shares of Wintrust Financial Corporation in a research note on Friday. Zacks Investment Research lowered Wintrust Financial Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. Piper Jaffray Companies reissued a “hold” rating and set a $74.00 price objective on shares of Wintrust Financial Corporation in a research note on Friday, September 1st. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $82.00 price objective on shares of Wintrust Financial Corporation in a research note on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Wintrust Financial Corporation has a consensus rating of “Hold” and an average target price of $81.38.

Large investors have recently made changes to their positions in the business. Greenwood Capital Associates LLC grew its holdings in Wintrust Financial Corporation by 1.8% during the 2nd quarter. Greenwood Capital Associates LLC now owns 4,399 shares of the bank’s stock valued at $336,000 after buying an additional 78 shares during the last quarter. Jennison Associates LLC grew its holdings in Wintrust Financial Corporation by 4.6% during the 2nd quarter. Jennison Associates LLC now owns 1,176,922 shares of the bank’s stock valued at $89,964,000 after buying an additional 52,161 shares during the last quarter. Prudential Financial Inc. grew its holdings in Wintrust Financial Corporation by 564.1% during the 2nd quarter. Prudential Financial Inc. now owns 443,557 shares of the bank’s stock valued at $33,905,000 after buying an additional 376,766 shares during the last quarter. Amalgamated Bank grew its holdings in Wintrust Financial Corporation by 3.9% during the 1st quarter. Amalgamated Bank now owns 7,235 shares of the bank’s stock valued at $500,000 after buying an additional 271 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Wintrust Financial Corporation by 6.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 714,385 shares of the bank’s stock valued at $54,606,000 after buying an additional 40,739 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Wintrust Financial Corporation Company Profile

Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company offers community banking services to individuals, small to mid-sized businesses, local governmental units and institutional clients.

Insider Buying and Selling by Quarter for Wintrust Financial Corporation (NASDAQ:WTFC)

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