Wintrust Financial Corp (WTFC) : Stieven Capital Advisors scooped up 175,618 additional shares in Wintrust Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 196,040 shares of Wintrust Financial Corp which is valued at $10,470,496.Wintrust Financial Corp makes up approximately 2.75% of Stieven Capital Advisors’s portfolio.
Other Hedge Funds, Including , Tiaa Cref Investment Management reduced its stake in WTFC by selling 1,327 shares or 0.58% in the most recent quarter. The Hedge Fund company now holds 228,070 shares of WTFC which is valued at $12,181,219. Wintrust Financial Corp makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.Wcm Investment Managementca reduced its stake in WTFC by selling 37,980 shares or 16.38% in the most recent quarter. The Hedge Fund company now holds 193,889 shares of WTFC which is valued at $10,605,728. Wintrust Financial Corp makes up approx 0.16% of Wcm Investment Managementca’s portfolio.California Public Employees Retirement System reduced its stake in WTFC by selling 3,900 shares or 2.71% in the most recent quarter. The Hedge Fund company now holds 139,800 shares of WTFC which is valued at $7,394,022. Wintrust Financial Corp makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Nisa Investment Advisors boosted its stake in WTFC in the latest quarter, The investment management firm added 150 additional shares and now holds a total of 51,550 shares of Wintrust Financial Corp which is valued at $2,744,007. Wintrust Financial Corp makes up approx 0.04% of Nisa Investment Advisors’s portfolio.
Wintrust Financial Corp opened for trading at $54.36 and hit $54.72 on the upside on Tuesday, eventually ending the session at $54.44, with a gain of 0.37% or 0.2 points. The heightened volatility saw the trading volume jump to 1,25,824 shares. Company has a market cap of $2,813 M.
On the company’s financial health, Wintrust Financial Corp reported $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.86. The company had revenue of $260.10 million for the quarter, compared to analysts expectations of $245.66 million. The company’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 EPS.
Many Wall Street Analysts have commented on Wintrust Financial Corp. Hovde Group Initiated Wintrust Financial Corp on Aug 24, 2016 to “Market Perform”, Price Target of the shares are set at $59.Wintrust Financial Corp was Initiated by Piper Jaffray to “Neutral” on Jun 10, 2016.
Wintrust Financial Corporation (Wintrust) is a financial holding company. The Company conducts its businesses through three segments: community banking specialty finance and wealth management. It provides community-oriented personal and commercial banking services to customers located in the Chicago metropolitan area and in southeastern Wisconsin through its 15 wholly owned banking subsidiaries as well as the origination and purchase of residential mortgages for sale into the secondary market through Wintrust Mortgage a division of Barrington Bank and Trust Company N.A (Barrington Bank). The Company provides specialty finance services including financing for the payment of commercial insurance premiums and life insurance premiums on a national basis short-term accounts receivable financing and outsourced administrative services.