Capitolis Liquid Global Markets LLC Invests $6.36 Million in Wintrust Financial Corporation $WTFC

Capitolis Liquid Global Markets LLC acquired a new stake in Wintrust Financial Corporation (NASDAQ:WTFC) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 48,000 shares of the bank’s stock, valued at approximately $6,357,000. Capitolis Liquid Global Markets LLC owned approximately 0.07% of Wintrust Financial at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WTFC. Advisors Asset Management Inc. acquired a new stake in shares of Wintrust Financial in the 1st quarter valued at about $27,000. Jones Financial Companies Lllp lifted its holdings in shares of Wintrust Financial by 49.0% in the first quarter. Jones Financial Companies Lllp now owns 1,019 shares of the bank’s stock valued at $115,000 after purchasing an additional 335 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Wintrust Financial by 7.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 179,430 shares of the bank’s stock worth $20,179,000 after buying an additional 12,103 shares during the period. ProShare Advisors LLC grew its holdings in shares of Wintrust Financial by 4.7% during the second quarter. ProShare Advisors LLC now owns 2,967 shares of the bank’s stock worth $368,000 after buying an additional 134 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Wintrust Financial by 28.2% during the second quarter. Allworth Financial LP now owns 450 shares of the bank’s stock worth $56,000 after buying an additional 99 shares in the last quarter. 93.48% of the stock is owned by institutional investors and hedge funds.

Wintrust Financial Trading Down 1.0%

Shares of Wintrust Financial stock opened at $130.21 on Monday. The stock has a market cap of $8.76 billion, a P/E ratio of 11.42 and a beta of 0.85. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. Wintrust Financial Corporation has a 12-month low of $89.10 and a 12-month high of $162.96. The business’s 50 day moving average is $147.82 and its 200-day moving average is $138.85.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Tuesday, January 20th. The bank reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.22. The business had revenue of $714.26 million during the quarter, compared to analysts’ expectations of $700.85 million. Wintrust Financial had a net margin of 19.48% and a return on equity of 12.95%. During the same period last year, the business earned $2.63 earnings per share. Equities research analysts predict that Wintrust Financial Corporation will post 10.36 earnings per share for the current fiscal year.

Wintrust Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th were given a $0.55 dividend. This is a boost from Wintrust Financial’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.7%. Wintrust Financial’s payout ratio is 19.30%.

Insider Activity at Wintrust Financial

In other news, CFO David L. Stoehr sold 2,499 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $146.16, for a total transaction of $365,253.84. Following the transaction, the chief financial officer directly owned 18,638 shares in the company, valued at $2,724,130.08. The trade was a 11.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Jeffrey D. Hahnfeld sold 314 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $145.43, for a total transaction of $45,665.02. Following the completion of the sale, the executive vice president directly owned 1,947 shares in the company, valued at approximately $283,152.21. The trade was a 13.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,662 shares of company stock worth $1,705,730 over the last ninety days. Company insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WTFC shares. TD Cowen boosted their target price on Wintrust Financial from $170.00 to $177.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Stephens lifted their price objective on shares of Wintrust Financial from $158.00 to $162.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. DA Davidson boosted their price objective on shares of Wintrust Financial from $165.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Truist Financial increased their target price on shares of Wintrust Financial from $158.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Finally, UBS Group reaffirmed a “buy” rating and issued a $176.00 target price on shares of Wintrust Financial in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $165.31.

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.