Falcon Point Capital Lowers stake in Wintrust Financial Corp (WTFC)

Wintrust Financial Corp (WTFC) : Falcon Point Capital reduced its stake in Wintrust Financial Corp by 24.26% during the most recent quarter end. The investment management company now holds a total of 190,374 shares of Wintrust Financial Corp which is valued at $10,114,571 after selling 60,965 shares in Wintrust Financial Corp , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Wintrust Financial Corp makes up approximately 1.70% of Falcon Point Capital’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in WTFC in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 5,300 shares of Wintrust Financial Corp which is valued at $281,589.New York State Teachers Retirement System boosted its stake in WTFC in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 100,059 shares of Wintrust Financial Corp which is valued at $5,355,158. Wintrust Financial Corp makes up approx 0.01% of New York State Teachers Retirement System’s portfolio.Eagle Asset Management Inc boosted its stake in WTFC in the latest quarter, The investment management firm added 248 additional shares and now holds a total of 29,713 shares of Wintrust Financial Corp which is valued at $1,564,984. Wintrust Financial Corp makes up approx 0.01% of Eagle Asset Management Inc’s portfolio. Fox Run Management L.l.c. sold out all of its stake in WTFC during the most recent quarter. The investment firm sold 8,300 shares of WTFC which is valued $437,161.Curian Capital reduced its stake in WTFC by selling 11,201 shares or 69.81% in the most recent quarter. The Hedge Fund company now holds 4,843 shares of WTFC which is valued at $245,346. Wintrust Financial Corp makes up approx 0.02% of Curian Capital’s portfolio.

Wintrust Financial Corp closed down -0.48 points or -0.90% at $52.8 with 6,85,627 shares getting traded on Friday. Post opening the session at $53.07, the shares hit an intraday low of $52.75 and an intraday high of $53.605 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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. 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.

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