Dreman Value Management L L C buys $13.8 Million stake in Wintrust Financial Corp (WTFC)

Wintrust Financial Corp (WTFC) : Dreman Value Management L L C scooped up 15,435 additional shares in Wintrust Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 280,464 shares of Wintrust Financial Corp which is valued at $13.8 Million.Wintrust Financial Corp makes up approximately 1.58% of Dreman Value Management L L C’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies added WTFC to its portfolio by purchasing 164,592 company shares during the most recent quarter which is valued at $8.1 Million. Wintrust Financial Corp makes up approx 0.02% of Renaissance Technologies’s portfolio.Segall Bryant Hamill reduced its stake in WTFC by selling 21,336 shares or 12.28% in the most recent quarter. The Hedge Fund company now holds 152,351 shares of WTFC which is valued at $7.5 Million. Wintrust Financial Corp makes up approx 0.19% of Segall Bryant Hamill’s portfolio. Great Lakes Advisors added WTFC to its portfolio by purchasing 48,118 company shares during the most recent quarter which is valued at $2.4 Million. Wintrust Financial Corp makes up approx 0.07% of Great Lakes Advisors’s portfolio.First Trust Advisors Lp reduced its stake in WTFC by selling 12,252 shares or 12.83% in the most recent quarter. The Hedge Fund company now holds 83,236 shares of WTFC which is valued at $4.1 Million. Wintrust Financial Corp makes up approx 0.01% of First Trust Advisors Lp’s portfolio.Manufacturers Life Insurance Company The boosted its stake in WTFC in the latest quarter, The investment management firm added 951 additional shares and now holds a total of 31,224 shares of Wintrust Financial Corp which is valued at $1.5 Million.

Wintrust Financial Corp opened for trading at $52.5 and hit $53.26 on the upside on Wednesday, eventually ending the session at $52.99, with a gain of 1.15% or 0.6 points. The heightened volatility saw the trading volume jump to 2,54,961 shares. Company has a market cap of $2,573 M.

On the company’s financial health, Wintrust Financial Corp reported $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $0.74. The company had revenue of $240.26 million for the quarter, compared to analysts expectations of $234.46 million. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Many Wall Street Analysts have commented on Wintrust Financial Corp. Company shares were Reiterated by DA Davidson on Apr 21, 2016 to “Neutral”, Firm has raised the Price Target to $ 58 from a previous price target of $49 .Company shares were Reiterated by RBC Capital Mkts on Apr 20, 2016 to “Outperform”, Firm has raised the Price Target to $ 56 from a previous price target of $50 .

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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