5,550 Shares in Wintrust Financial Corp (WTFC) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new position in Wintrust Financial Corp (NASDAQ:WTFC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,550 shares of the bank’s stock, valued at approximately $483,000.

Other hedge funds have also recently modified their holdings of the company. Verition Fund Management LLC purchased a new position in Wintrust Financial in the second quarter valued at about $376,000. Jane Street Group LLC boosted its stake in Wintrust Financial by 2,558.2% in the second quarter. Jane Street Group LLC now owns 124,910 shares of the bank’s stock valued at $10,873,000 after acquiring an additional 120,211 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Wintrust Financial by 1,386.6% in the second quarter. Advisors Asset Management Inc. now owns 192,609 shares of the bank’s stock valued at $1,509,000 after acquiring an additional 179,653 shares during the last quarter. Glenmede Trust Co. NA boosted its stake in Wintrust Financial by 4.5% in the second quarter. Glenmede Trust Co. NA now owns 700,098 shares of the bank’s stock valued at $60,943,000 after acquiring an additional 30,195 shares during the last quarter. Finally, Castleark Management LLC boosted its stake in Wintrust Financial by 43.9% in the second quarter. Castleark Management LLC now owns 4,030 shares of the bank’s stock valued at $351,000 after acquiring an additional 1,230 shares during the last quarter. 88.34% of the stock is owned by institutional investors and hedge funds.

In related news, insider Edward J. Wehmer sold 12,301 shares of the company’s stock in a transaction that occurred on Monday, July 23rd. The shares were sold at an average price of $91.12, for a total transaction of $1,120,867.12. Following the sale, the insider now directly owns 133,308 shares in the company, valued at approximately $12,147,024.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Timothy Crane sold 954 shares of the company’s stock in a transaction that occurred on Friday, July 20th. The shares were sold at an average price of $90.96, for a total transaction of $86,775.84. Following the sale, the insider now owns 17,272 shares in the company, valued at $1,571,061.12. The disclosure for this sale can be found here. Corporate insiders own 1.57% of the company’s stock.

Shares of WTFC stock opened at $87.11 on Thursday. The company has a market cap of $5.02 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.10 and a beta of 0.79. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.00. Wintrust Financial Corp has a 12 month low of $75.53 and a 12 month high of $99.96.

Wintrust Financial (NASDAQ:WTFC) last announced its quarterly earnings results on Tuesday, July 17th. The bank reported $1.53 EPS for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.09. The company had revenue of $333.40 million for the quarter, compared to analysts’ expectations of $327.03 million. Wintrust Financial had a net margin of 22.07% and a return on equity of 10.62%. During the same period in the prior year, the company posted $1.11 EPS. research analysts forecast that Wintrust Financial Corp will post 6.02 EPS for the current year.

A number of research analysts have weighed in on the stock. ValuEngine cut shares of Wintrust Financial from a “buy” rating to a “hold” rating in a research note on Monday, June 11th. Hovde Group set a $98.00 target price on shares of Wintrust Financial and gave the company a “hold” rating in a research note on Monday, July 23rd. BidaskClub upgraded shares of Wintrust Financial from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 12th. Zacks Investment Research cut shares of Wintrust Financial from a “buy” rating to a “hold” rating in a research note on Saturday, July 7th. Finally, Wedbush boosted their target price on shares of Wintrust Financial from $100.00 to $101.00 and gave the company a “$90.84” rating in a research note on Wednesday, July 18th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. Wintrust Financial has an average rating of “Hold” and an average target price of $94.56.

About Wintrust Financial

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. 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), Internet banking, and other services.

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Institutional Ownership by Quarter for Wintrust Financial (NASDAQ:WTFC)

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