Wintrust Financial Co. (NASDAQ:WTFC) Shares Acquired by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Wintrust Financial Co. (NASDAQ:WTFC) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 665,367 shares of the bank’s stock after purchasing an additional 42,804 shares during the period. Wintrust Financial accounts for about 0.8% of Van Lanschot Kempen Investment Management N.V.’s holdings, making the stock its 29th biggest position. Van Lanschot Kempen Investment Management N.V. owned about 1.00% of Wintrust Financial worth $82,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of WTFC. Journey Strategic Wealth LLC raised its holdings in shares of Wintrust Financial by 3.6% in the fourth quarter. Journey Strategic Wealth LLC now owns 2,569 shares of the bank’s stock worth $320,000 after acquiring an additional 89 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in Wintrust Financial by 0.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the bank’s stock valued at $2,307,000 after purchasing an additional 100 shares during the last quarter. MML Investors Services LLC lifted its holdings in Wintrust Financial by 1.7% in the 3rd quarter. MML Investors Services LLC now owns 6,201 shares of the bank’s stock valued at $673,000 after purchasing an additional 106 shares in the last quarter. Gitterman Wealth Management LLC boosted its stake in shares of Wintrust Financial by 5.0% during the 4th quarter. Gitterman Wealth Management LLC now owns 2,373 shares of the bank’s stock worth $296,000 after purchasing an additional 113 shares during the last quarter. Finally, Huntington National Bank raised its position in shares of Wintrust Financial by 3.3% in the fourth quarter. Huntington National Bank now owns 3,971 shares of the bank’s stock valued at $495,000 after buying an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 93.48% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WTFC. Barclays decreased their target price on shares of Wintrust Financial from $155.00 to $138.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Piper Sandler upped their price objective on shares of Wintrust Financial from $151.00 to $156.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a $152.00 price objective on shares of Wintrust Financial in a report on Thursday, January 23rd. StockNews.com lowered shares of Wintrust Financial from a “hold” rating to a “sell” rating in a research report on Saturday, February 15th. Finally, Truist Financial upgraded shares of Wintrust Financial to a “strong-buy” rating in a report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.38.

Insider Buying and Selling at Wintrust Financial

In other Wintrust Financial news, EVP Jeffrey D. Hahnfeld sold 416 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $130.95, for a total value of $54,475.20. Following the sale, the executive vice president now owns 2,276 shares in the company, valued at approximately $298,042.20. This trade represents a 15.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David L. Stoehr sold 2,363 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $131.32, for a total value of $310,309.16. Following the transaction, the chief financial officer now owns 19,858 shares of the company’s stock, valued at approximately $2,607,752.56. This represents a 10.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,178 shares of company stock worth $1,336,315 over the last ninety days. Company insiders own 1.01% of the company’s stock.

Wintrust Financial Stock Performance

Shares of WTFC opened at $102.51 on Monday. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 9.94 and a beta of 0.94. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $113.02 and its two-hundred day moving average is $121.77. Wintrust Financial Co. has a 52-week low of $89.10 and a 52-week high of $142.04.

Wintrust Financial (NASDAQ:WTFC) last posted its quarterly earnings results on Tuesday, January 21st. The bank reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.11. Wintrust Financial had a return on equity of 12.60% and a net margin of 17.52%. During the same period in the prior year, the business earned $1.87 earnings per share. Analysts forecast that Wintrust Financial Co. will post 10.36 EPS for the current fiscal year.

Wintrust Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $2.00 annualized dividend and a yield of 1.95%. Wintrust Financial’s dividend payout ratio (DPR) is 19.40%.

Wintrust Financial Profile

Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services.