One Capital Management LLC Has $2.74 Million Position in Wintrust Financial Corporation $WTFC

One Capital Management LLC raised its position in shares of Wintrust Financial Corporation (NASDAQ:WTFC) by 42.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 19,559 shares of the bank’s stock after purchasing an additional 5,810 shares during the quarter. One Capital Management LLC’s holdings in Wintrust Financial were worth $2,735,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WTFC. Advisors Asset Management Inc. acquired a new stake in Wintrust Financial during the 1st quarter valued at approximately $27,000. Elyxium Wealth LLC acquired a new stake in Wintrust Financial during the 4th quarter valued at approximately $31,000. Creative Financial Designs Inc. ADV increased its position in Wintrust Financial by 231.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 229 shares of the bank’s stock valued at $32,000 after purchasing an additional 160 shares during the period. Harbour Investments Inc. increased its position in Wintrust Financial by 72.7% during the 4th quarter. Harbour Investments Inc. now owns 240 shares of the bank’s stock valued at $34,000 after purchasing an additional 101 shares during the period. Finally, State of Wyoming acquired a new stake in Wintrust Financial during the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 93.48% of the company’s stock.

Wintrust Financial Price Performance

Shares of WTFC opened at $150.10 on Wednesday. Wintrust Financial Corporation has a 12-month low of $116.57 and a 12-month high of $162.96. The business’s fifty day moving average is $145.60 and its 200 day moving average is $143.68. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.62. The stock has a market cap of $10.12 billion, a P/E ratio of 12.58 and a beta of 0.84.

Wintrust Financial (NASDAQ:WTFC) last issued its earnings results on Monday, April 20th. The bank reported $3.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.96 by $0.26. Wintrust Financial had a return on equity of 13.15% and a net margin of 20.11%.The company had revenue of $713.17 million for the quarter, compared to analysts’ expectations of $707.23 million. During the same period last year, the business earned $2.69 EPS. Wintrust Financial’s quarterly revenue was up 10.9% compared to the same quarter last year. Sell-side analysts anticipate that Wintrust Financial Corporation will post 13.07 earnings per share for the current fiscal year.

Wintrust Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Thursday, May 14th. Wintrust Financial’s dividend payout ratio (DPR) is currently 18.44%.

Insider Buying and Selling

In related news, COO David A. Dykstra sold 9,579 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $148.82, for a total value of $1,425,546.78. Following the transaction, the chief operating officer directly owned 179,810 shares in the company, valued at $26,759,324.20. This trade represents a 5.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Suzet M. Mckinney sold 500 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $148.96, for a total value of $74,480.00. Following the completion of the transaction, the director owned 3,303 shares in the company, valued at approximately $492,014.88. This represents a 13.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,099 shares of company stock worth $1,954,386 in the last ninety days. Corporate insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on WTFC shares. UBS Group reissued a “buy” rating and set a $176.00 target price on shares of Wintrust Financial in a research report on Wednesday, February 4th. Barclays increased their target price on shares of Wintrust Financial from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. DA Davidson reissued a “buy” rating and set a $165.00 target price on shares of Wintrust Financial in a research report on Tuesday, April 21st. Piper Sandler reissued an “overweight” rating and set a $188.00 target price (up from $184.00) on shares of Wintrust Financial in a research report on Wednesday, April 22nd. Finally, Citigroup increased their target price on shares of Wintrust Financial from $178.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $168.92.

Wintrust Financial Profile

Wintrust Financial Corporation is a Chicago‐area bank holding company headquartered in Rosemont, Illinois. Through its primary subsidiary, Wintrust Bank, the company operates a network of community banks serving metropolitan Chicago and select markets in southeastern Wisconsin. These locally branded banks provide personalized commercial and consumer banking solutions tailored to small and mid‐size businesses, professionals, and individual clients.

The firm’s core offerings include deposit products, commercial and residential lending, treasury management, and mortgage banking services.