United Capital Financial Advisors LLC Makes New Investment in Wintrust Financial Corporation $WTFC

United Capital Financial Advisors LLC acquired a new position in shares of Wintrust Financial Corporation (NASDAQ:WTFC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,403 shares of the bank’s stock, valued at approximately $868,000.

A number of other large investors have also made changes to their positions in WTFC. Deutsche Bank AG acquired a new position in Wintrust Financial in the 2nd quarter valued at approximately $8,320,000. Simplicity Wealth LLC bought a new stake in shares of Wintrust Financial in the 2nd quarter worth approximately $866,000. GSA Capital Partners LLP acquired a new stake in shares of Wintrust Financial during the 2nd quarter worth approximately $1,437,000. Advisors Capital Management LLC bought a new stake in shares of Wintrust Financial during the second quarter valued at approximately $3,320,000. Finally, F m Investments LLC increased its position in shares of Wintrust Financial by 61.6% during the fourth quarter. F m Investments LLC now owns 70,857 shares of the bank’s stock valued at $9,907,000 after purchasing an additional 27,013 shares during the period. Institutional investors and hedge funds own 93.48% of the company’s stock.

Insiders Place Their Bets

In other Wintrust Financial news, COO David A. Dykstra sold 13,515 shares of Wintrust Financial stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $162.77, for a total value of $2,199,836.55. Following the completion of the transaction, the chief operating officer owned 166,449 shares in the company, valued at approximately $27,092,903.73. The trade was a 7.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.24% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on WTFC. Piper Sandler set a $186.00 target price on Wintrust Financial in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Wintrust Financial in a research note on Monday, June 29th. TD Cowen lowered their price target on shares of Wintrust Financial from $184.00 to $183.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. DA Davidson increased their price objective on shares of Wintrust Financial from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Finally, Barclays raised their price objective on shares of Wintrust Financial from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $177.77.

Wintrust Financial Price Performance

Shares of Wintrust Financial stock opened at $152.95 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $10.32 billion, a price-to-earnings ratio of 12.29 and a beta of 0.85. Wintrust Financial Corporation has a 1-year low of $119.61 and a 1-year high of $167.21. The firm’s 50-day moving average price is $159.51 and its two-hundred day moving average price is $151.12.

Wintrust Financial (NASDAQ:WTFC) last posted its earnings results on Monday, July 20th. The bank reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.15. Wintrust Financial had a net margin of 20.72% and a return on equity of 13.37%. The company had revenue of $738.63 million during the quarter, compared to analysts’ expectations of $735.36 million. During the same quarter in the previous year, the company posted $2.78 earnings per share. Wintrust Financial’s quarterly revenue was up 10.1% compared to the same quarter last year. On average, equities analysts predict that Wintrust Financial Corporation will post 13.04 earnings per share for the current fiscal year.

Wintrust Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, August 6th. Wintrust Financial’s dividend payout ratio (DPR) is currently 17.67%.

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.