Rosenthal Henry Capital Advisors Inc. Has $4.05 Million Stock Holdings in Wintrust Financial Co. (NASDAQ:WTFC)

Rosenthal Henry Capital Advisors Inc. lifted its holdings in shares of Wintrust Financial Co. (NASDAQ:WTFC) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,309 shares of the bank’s stock after purchasing an additional 460 shares during the quarter. Wintrust Financial accounts for 4.1% of Rosenthal Henry Capital Advisors Inc.’s holdings, making the stock its 3rd largest position. Rosenthal Henry Capital Advisors Inc. owned 0.06% of Wintrust Financial worth $4,049,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Wintrust Financial by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 6,452,753 shares of the bank’s stock worth $673,603,000 after acquiring an additional 244,168 shares during the period. Dimensional Fund Advisors LP raised its stake in Wintrust Financial by 5.1% in the second quarter. Dimensional Fund Advisors LP now owns 3,017,295 shares of the bank’s stock valued at $297,376,000 after purchasing an additional 146,090 shares in the last quarter. Capital International Investors lifted its position in Wintrust Financial by 4.6% during the first quarter. Capital International Investors now owns 1,638,085 shares of the bank’s stock worth $171,000,000 after purchasing an additional 72,082 shares during the period. Federated Hermes Inc. grew its stake in Wintrust Financial by 1.8% during the second quarter. Federated Hermes Inc. now owns 815,466 shares of the bank’s stock worth $80,372,000 after buying an additional 14,087 shares in the last quarter. Finally, Reinhart Partners LLC. increased its holdings in Wintrust Financial by 6.4% in the 3rd quarter. Reinhart Partners LLC. now owns 781,393 shares of the bank’s stock valued at $84,805,000 after buying an additional 47,242 shares during the period. 93.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO David L. Stoehr sold 1,607 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $113.46, for a total value of $182,330.22. Following the transaction, the chief financial officer now owns 14,874 shares of the company’s stock, valued at approximately $1,687,604.04. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Wintrust Financial news, insider Richard B. Murphy sold 4,099 shares of the business’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $115.63, for a total value of $473,967.37. Following the transaction, the insider now owns 42,311 shares of the company’s stock, valued at approximately $4,892,420.93. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David L. Stoehr sold 1,607 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $113.46, for a total value of $182,330.22. Following the completion of the transaction, the chief financial officer now owns 14,874 shares in the company, valued at approximately $1,687,604.04. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,198 shares of company stock worth $2,445,314 over the last three months. 1.47% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WTFC. Wedbush restated an “outperform” rating and set a $130.00 target price on shares of Wintrust Financial in a research note on Tuesday, October 22nd. DA Davidson raised their price objective on Wintrust Financial from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Stephens reissued an “overweight” rating and set a $115.00 target price on shares of Wintrust Financial in a research note on Thursday, July 18th. Citigroup raised their price target on shares of Wintrust Financial from $126.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Royal Bank of Canada upped their price objective on shares of Wintrust Financial from $116.00 to $117.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 9th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Wintrust Financial has an average rating of “Moderate Buy” and an average target price of $123.00.

Wintrust Financial Trading Down 1.3 %

Shares of NASDAQ:WTFC traded down $1.50 during mid-day trading on Friday, reaching $114.39. 383,459 shares of the company’s stock were exchanged, compared to its average volume of 378,177. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.01 and a current ratio of 1.02. Wintrust Financial Co. has a twelve month low of $75.75 and a twelve month high of $118.69. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 11.98 and a beta of 1.15. The business’s fifty day moving average price is $108.96 and its 200-day moving average price is $102.94.

Wintrust Financial (NASDAQ:WTFC) last posted its quarterly earnings data on Monday, October 21st. The bank reported $2.47 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.03). Wintrust Financial had a return on equity of 11.99% and a net margin of 16.52%. The business had revenue of $615.73 million during the quarter, compared to the consensus estimate of $623.45 million. During the same period last year, the business posted $2.53 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. On average, research analysts predict that Wintrust Financial Co. will post 10.13 EPS for the current fiscal year.

Wintrust Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, November 7th. Wintrust Financial’s dividend payout ratio (DPR) is 18.85%.

About Wintrust Financial

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.