Wintrust Financial (NASDAQ:WTFC)‘s stock had its “buy” rating restated by research analysts at Keefe, Bruyette & Woods in a report released on Thursday. They currently have a $90.00 price target on the bank’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 10.81% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. SunTrust Banks reaffirmed a “hold” rating and set a $88.00 price objective on shares of Wintrust Financial in a research note on Wednesday, November 29th. Royal Bank of Canada reaffirmed a “buy” rating and set a $84.00 price objective on shares of Wintrust Financial in a research note on Friday, October 20th. Zacks Investment Research cut shares of Wintrust Financial from a “buy” rating to a “hold” rating in a research note on Saturday, November 18th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $74.00 price objective on shares of Wintrust Financial in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $83.50.

Wintrust Financial (NASDAQ WTFC) traded down $0.58 on Thursday, hitting $81.22. 463,100 shares of the stock traded hands, compared to its average volume of 398,900. The stock has a market capitalization of $4,510.00, a P/E ratio of 19.62, a price-to-earnings-growth ratio of 1.38 and a beta of 0.83. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.01 and a quick ratio of 0.99. Wintrust Financial has a 52-week low of $64.14 and a 52-week high of $86.80.

Wintrust Financial (NASDAQ:WTFC) last posted its earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.04. The firm had revenue of $295.70 million during the quarter, compared to the consensus estimate of $298.96 million. Wintrust Financial had a net margin of 19.74% and a return on equity of 9.32%. The company’s revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the company earned $0.92 earnings per share. research analysts expect that Wintrust Financial will post 4.38 earnings per share for the current year.

In other news, Director Ingrid S. Stafford sold 1,405 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $80.63, for a total value of $113,285.15. Following the completion of the sale, the director now directly owns 20,746 shares in the company, valued at approximately $1,672,749.98. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Leona A. Gleason sold 8,441 shares of the business’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $80.78, for a total transaction of $681,863.98. The disclosure for this sale can be found here. In the last three months, insiders sold 44,500 shares of company stock valued at $3,563,512. Corporate insiders own 2.00% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its position in Wintrust Financial by 6.3% during the 2nd quarter. BlackRock Inc. now owns 6,492,888 shares of the bank’s stock valued at $496,316,000 after purchasing an additional 382,791 shares during the period. Vanguard Group Inc. grew its position in Wintrust Financial by 7.7% during the 2nd quarter. Vanguard Group Inc. now owns 4,586,706 shares of the bank’s stock valued at $350,607,000 after purchasing an additional 327,529 shares during the last quarter. State Street Corp grew its position in Wintrust Financial by 5.9% during the 2nd quarter. State Street Corp now owns 3,031,640 shares of the bank’s stock valued at $231,743,000 after purchasing an additional 168,386 shares during the last quarter. JPMorgan Chase & Co. grew its position in Wintrust Financial by 18.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,637,332 shares of the bank’s stock valued at $127,646,000 after purchasing an additional 257,613 shares during the last quarter. Finally, Northern Trust Corp grew its position in Wintrust Financial by 33.2% during the 2nd quarter. Northern Trust Corp now owns 1,403,270 shares of the bank’s stock valued at $107,265,000 after purchasing an additional 349,965 shares during the last quarter. Institutional investors own 91.71% of the company’s stock.

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Wintrust Financial 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.

Analyst Recommendations for Wintrust Financial (NASDAQ:WTFC)

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