Nomura Holdings Inc. purchased a new position in Wintrust Financial Corp (NASDAQ:WTFC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,550 shares of the bank’s stock, valued at approximately $483,000.

Several other large investors also recently modified their holdings of WTFC. BlackRock Inc. increased its holdings in shares of Wintrust Financial by 4.2% in the 1st quarter. BlackRock Inc. now owns 7,138,457 shares of the bank’s stock worth $614,263,000 after buying an additional 287,860 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Wintrust Financial by 1.8% in the 1st quarter. JPMorgan Chase & Co. now owns 1,907,213 shares of the bank’s stock worth $164,116,000 after buying an additional 34,001 shares during the last quarter. Citigroup Inc. increased its holdings in shares of Wintrust Financial by 367.2% in the 1st quarter. Citigroup Inc. now owns 25,371 shares of the bank’s stock worth $2,184,000 after buying an additional 19,941 shares during the last quarter. Hsbc Holdings PLC grew its holdings in shares of Wintrust Financial by 1,660.8% during the 1st quarter. Hsbc Holdings PLC now owns 62,491 shares of the bank’s stock valued at $5,378,000 after purchasing an additional 58,942 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Wintrust Financial by 13.1% during the 1st quarter. Russell Investments Group Ltd. now owns 119,138 shares of the bank’s stock valued at $10,251,000 after purchasing an additional 13,808 shares during the last quarter. 88.34% of the stock is currently owned by hedge funds and other institutional investors.

WTFC has been the topic of several recent research reports. BidaskClub lowered shares of Wintrust Financial from a “sell” rating to a “strong sell” rating in a report on Friday, August 31st. Zacks Investment Research lowered shares of Wintrust Financial from a “buy” rating to a “hold” rating in a report on Saturday, July 7th. ValuEngine lowered shares of Wintrust Financial from a “buy” rating to a “hold” rating in a report on Monday, June 11th. Hovde Group set a $98.00 target price on shares of Wintrust Financial and gave the company a “hold” rating in a report on Monday, July 23rd. Finally, Wedbush increased their target price on shares of Wintrust Financial from $100.00 to $101.00 and gave the company a “$90.84” rating in a report on Wednesday, July 18th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $94.56.

In other Wintrust Financial news, insider Edward J. Wehmer sold 12,301 shares of the firm’s stock in a transaction on Monday, July 23rd. The shares were sold at an average price of $91.12, for a total value of $1,120,867.12. Following the sale, the insider now owns 133,308 shares of the company’s stock, valued at approximately $12,147,024.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Timothy Crane sold 954 shares of the firm’s stock in a transaction on Friday, July 20th. The stock was sold at an average price of $90.96, for a total transaction of $86,775.84. Following the completion of the sale, the insider now directly owns 17,272 shares in the company, valued at approximately $1,571,061.12. The disclosure for this sale can be found here. 1.57% of the stock is owned by company insiders.

WTFC stock opened at $87.11 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.00. Wintrust Financial Corp has a 52 week low of $75.53 and a 52 week high of $99.96. The firm has a market cap of $5.02 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.10 and a beta of 0.79.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Tuesday, July 17th. The bank reported $1.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.44 by $0.09. Wintrust Financial had a net margin of 22.07% and a return on equity of 10.62%. The company had revenue of $333.40 million for the quarter, compared to analyst estimates of $327.03 million. During the same quarter last year, the firm earned $1.11 EPS. research analysts expect that Wintrust Financial Corp will post 6.02 earnings per share for the current year.

Wintrust Financial Profile

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. 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), Internet banking, and other services.

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Institutional Ownership by Quarter for Wintrust Financial (NASDAQ:WTFC)

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