Fisher Asset Management Llc Decreased Wintrust Finl Corp (NASDAQ:WTFC) Stake By $16.07 Million

April 19, 2018 - By Stephen Andrade

Wintrust Financial Corporation (NASDAQ:WTFC) LogoInvestors sentiment decreased to 1.25 in Q4 2017. Its down 0.38, from 1.63 in 2017Q3. It is negative, as 14 investors sold WTFC shares while 92 reduced holdings. 42 funds opened positions while 91 raised stakes. 49.58 million shares or 1.16% less from 50.16 million shares in 2017Q3 were reported. Public Employees Retirement System Of Ohio stated it has 27,330 shares or 0.01% of all its holdings. 87,486 are owned by California State Teachers Retirement Sys. Rafferty Asset Ltd invested in 0.04% or 29,303 shares. 239,642 are held by Principal Grp Inc. Teacher Retirement Sys Of Texas reported 19,091 shares stake. Mairs Inc reported 0.17% stake. Jacobs Levy Equity holds 0% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC) for 2,780 shares. Envestnet Asset Mngmt stated it has 6,609 shares or 0% of all its holdings. D E Shaw Communications holds 0% or 31,796 shares. State Of Wisconsin Inv Board stated it has 92,200 shares. Alliancebernstein Limited Partnership accumulated 239,817 shares. Mutual Of America Management Ltd has invested 0.1% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). Virginia Retirement Sys Et Al invested in 32,000 shares. Voya Investment Mngmt Limited Liability Corp owns 263,786 shares for 0.05% of their portfolio. Louisiana State Employees Retirement Systems reported 0.05% stake.

Since October 23, 2017, it had 0 insider buys, and 8 insider sales for $7.66 million activity. Another trade for 8,441 shares valued at $681,864 was made by GLEASON LEONA A on Monday, October 23. 14,173 Wintrust Financial Corporation (NASDAQ:WTFC) shares with value of $1.24M were sold by WEHMER EDWARD J. MURPHY RICHARD B also sold $1.53M worth of Wintrust Financial Corporation (NASDAQ:WTFC) on Monday, January 29. Another trade for 5,268 shares valued at $461,424 was sold by STOEHR DAVID L. ZIDAR THOMAS P also sold $254,240 worth of Wintrust Financial Corporation (NASDAQ:WTFC) on Thursday, October 26.

Ken Fisher decreased its stake in Wintrust Finl Corp (NASDAQ:WTFC) by 15.53% based on its latest 2018Q1 regulatory filing with the SEC. Fisher Asset Management Llc sold 186,831 shares as the company’s stock declined 0.68% with the market. The hedge fund run by Ken Fisher held 1.02M shares of the major banks company at the end of 2018Q1, valued at $87.47M, down from 1.20M at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Wintrust Finl Corp for a number of months, seems to be less bullish one the $5.10B market cap company. The stock increased 2.00% or $1.78 during the last trading session, reaching $90.69. About 253,871 shares traded. Wintrust Financial Corporation (NASDAQ:WTFC) has risen 23.71% since April 19, 2017 and is uptrending. It has outperformed by 12.16% the S&P500.

Fisher Asset Management Llc, which manages about $86.06 billion US Long portfolio, upped its stake in Vanguard Funds Plc Ftse Emergi () by 653,009 shares to 705,984 shares, valued at $44.51M in 2018Q1, according to the filing. It also increased its holding in Kb Home (NYSE:KBH) by 757,320 shares in the quarter, for a total of 4.14 million shares, and has risen its stake in Credicorp Ltd (NYSE:BAP).

Ken Fisher is an investor and also an author of several books. He is also in Forbes top 400 wealthiest people rank. Ken Fisher started his private investment firm Fisher Investments in 1979.

Wintrust Financial Corporation (NASDAQ:WTFC) Ratings Coverage

Among 10 analysts covering Wintrust Financial Corp (NASDAQ:WTFC), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Wintrust Financial Corp has $100.0 highest and $85.0 lowest target. $94.22’s average target is 3.89% above currents $90.69 stock price. Wintrust Financial Corp had 18 analyst reports since November 5, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, January 24 by Piper Jaffray. The firm has “Buy” rating by FIG Partners given on Friday, February 9. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, February 26. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) has “Hold” rating given on Sunday, November 5 by SunTrust. The firm has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Tuesday, January 23 with “Buy”. The firm has “Hold” rating by FIG Partners given on Monday, March 12. Jefferies maintained Wintrust Financial Corporation (NASDAQ:WTFC) on Monday, January 8 with “Hold” rating. The company was maintained on Tuesday, January 23 by Sandler O’Neill. Jefferies maintained Wintrust Financial Corporation (NASDAQ:WTFC) on Monday, April 16 with “Hold” rating.

Wintrust Financial Corporation, a financial holding company, provides banking and other financial services and products to clients in the Chicago metropolitan area and in southern Wisconsin. The company has market cap of $5.10 billion. It operates in three divisions: Community Banking, Specialty Finance, and Wealth Management. It has a 20.61 P/E ratio. The Community Banking segment offers personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional customers.

Wintrust Financial Corporation (NASDAQ:WTFC) Institutional Positions Chart

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