Wintrust Financial Corp (WTFC) : Chicago Trust Co Na reduced its stake in Wintrust Financial Corp by 11.44% during the most recent quarter end. The investment management company now holds a total of 73,845 shares of Wintrust Financial Corp which is valued at $3,740,988 after selling 9,541 shares in Wintrust Financial Corp , the firm said in a disclosure report filed with the SEC on Jul 8, 2016.Wintrust Financial Corp makes up approximately 1.58% of Chicago Trust Co Na’s portfolio.
Other Hedge Funds, Including , Alpha Windward added WTFC to its portfolio by purchasing 7,860 company shares during the most recent quarter which is valued at $398,188. Wintrust Financial Corp makes up approx 0.28% of Alpha Windward’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in WTFC in the latest quarter, The investment management firm added 6,344 additional shares and now holds a total of 34,262 shares of Wintrust Financial Corp which is valued at $1,735,713. Wintrust Financial Corp makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio. Kistler-tiffany Companies added WTFC to its portfolio by purchasing 10 company shares during the most recent quarter which is valued at $507.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 -0.2 points or -0.38% at $52.66 with 3,20,659 shares getting traded on Wednesday. Post opening the session at $52.76, the shares hit an intraday low of $52.37 and an intraday high of $53.1 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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 $ 0.16 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. Wintrust Financial Corp was Initiated by Piper Jaffray to “Neutral” on Jun 10, 2016. 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.