Wintrust Financial Corporation (WTFC) Can’t Be More Hot. Just Reaches 52-Week High

April 24, 2018 - By Richard Conner

Wintrust Financial Corporation (NASDAQ:WTFC) Logo

Investors sentiment decreased to 1.25 in 2017 Q4. Its down 0.38, from 1.63 in 2017Q3. It dived, as 14 investors sold Wintrust Financial Corporation 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.
Plante Moran Fincl Advsr Limited Liability Co holds 0.02% or 372 shares in its portfolio. United Finance Advisers Limited Liability Corporation holds 0% or 4,187 shares. 4,053 were reported by Shelton Mgmt. Royal Financial Bank Of Canada reported 0.02% stake. Brown Brothers Harriman And Communications holds 0% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC) for 100 shares. Koch Industries holds 0.09% or 7,489 shares. Stieven Capital Advisors L P accumulated 129,737 shares. 57,304 were accumulated by Clarivest Asset Mgmt Limited Liability. Guggenheim Lc owns 311,891 shares. Profund Limited Company stated it has 0.03% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). Liberty Mutual Asset Management holds 14,168 shares or 0.03% of its portfolio. Brown Advisory has 0% invested in Wintrust Financial Corporation (NASDAQ:WTFC). Rafferty Asset Mngmt Ltd Liability Co, a New York-based fund reported 29,303 shares. Trust Of Toledo Na Oh stated it has 0.05% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). Mairs & owns 175,880 shares or 0.17% of their US portfolio.

Since October 26, 2017, it had 0 insider buys, and 4 selling transactions for $4.21 million activity. $461,424 worth of Wintrust Financial Corporation (NASDAQ:WTFC) shares were sold by STOEHR DAVID L. $254,240 worth of Wintrust Financial Corporation (NASDAQ:WTFC) shares were sold by ZIDAR THOMAS P. On Monday, January 29 the insider MURPHY RICHARD B sold $1.53M. 14,173 shares were sold by WEHMER EDWARD J, worth $1.24M.

The stock of Wintrust Financial Corporation (NASDAQ:WTFC) hit a new 52-week high and has $97.76 target or 6.00 % above today’s $92.23 share price. The 5 months bullish chart indicates low risk for the $5.19 billion company. The 1-year high was reported on Apr, 24 by If the $97.76 price target is reached, the company will be worth $311.34M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.23% or $0.21 during the last trading session, reaching $92.23. About 121,115 shares traded. Wintrust Financial Corporation (NASDAQ:WTFC) has risen 23.71% since April 24, 2017 and is uptrending. It has outperformed by 12.16% the S&P500.

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 had 23 analyst reports since November 5, 2017 according to SRatingsIntel. As per Wednesday, January 24, the company rating was maintained by Piper Jaffray. As per Monday, February 26, the company rating was maintained by Keefe Bruyette & Woods. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. RBC Capital Markets maintained Wintrust Financial Corporation (NASDAQ:WTFC) rating on Tuesday, January 23. RBC Capital Markets has “Buy” rating and $98.0 target. Piper Jaffray maintained the stock with “Hold” rating in Friday, April 6 report. On Tuesday, January 23 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm earned “Hold” rating on Tuesday, January 23 by Sandler O’Neill. The firm has “Hold” rating given on Tuesday, April 17 by Piper Jaffray. The rating was maintained by Hovde Group on Monday, April 23 with “Hold”. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) has “Hold” rating given on Monday, March 12 by FIG Partners.

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 $5.19 billion. It operates in three divisions: Community Banking, Specialty Finance, and Wealth Management. It has a 20.96 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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