Institutional Investor Sentiment About Wintrust Financial Corp (NASDAQ:WTFC) Increased

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Sentiment for Wintrust Financial Corp (NASDAQ:WTFC)

Wintrust Financial Corp (NASDAQ:WTFC) institutional sentiment increased to 1.16 in 2018 Q2. Its up 0.38, from 0.78 in 2018Q1. The ratio has increased, as 128 hedge funds increased or opened new positions, while 110 reduced and sold equity positions in Wintrust Financial Corp. The hedge funds in our partner’s database reported: 47.90 million shares, down from 49.34 million shares in 2018Q1. Also, the number of hedge funds holding Wintrust Financial Corp in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 18 Reduced: 92 Increased: 86 New Position: 42.

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 $4.08 billion. It operates in three divisions: Community Banking, Specialty Finance, and Wealth Management. It has a 12.75 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.

The stock decreased 1.18% or $0.86 during the last trading session, reaching $72.32. About 53,773 shares traded. Wintrust Financial Corporation (NASDAQ:WTFC) has risen 22.59% since December 6, 2017 and is uptrending. It has outperformed by 6.97% the S&P500.

Analysts await Wintrust Financial Corporation (NASDAQ:WTFC) to report earnings on January, 28. They expect $1.56 earnings per share, up 33.33 % or $0.39 from last year’s $1.17 per share. WTFC’s profit will be $87.97 million for 11.59 P/E if the $1.56 EPS becomes a reality. After $1.57 actual earnings per share reported by Wintrust Financial Corporation for the previous quarter, Wall Street now forecasts -0.64 % negative EPS growth.

United Fire Group Inc holds 7.76% of its portfolio in Wintrust Financial Corporation for 230,523 shares. Falcon Point Capital Llc owns 97,203 shares or 1.66% of their US portfolio. Moreover, Fsi Group Llc has 1.63% invested in the company for 23,558 shares. The United Kingdom-based Hermes Investment Management Ltd has invested 1.12% in the stock. Piermont Capital Management Inc., a Missouri-based fund reported 37,340 shares.

Since January 1, 0001, it had 1 insider buy, and 2 selling transactions for $1.19 million activity.

Wintrust Financial Corporation (NASDAQ:WTFC) Ratings Coverage

Ratings analysis reveals 100% of Wintrust Financial’s analysts are positive. Out of 4 Wall Street analysts rating Wintrust Financial, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $95 while the high is $101. The stock’s average target of $97.33 is 34.58% above today’s ($72.32) share price. WTFC was included in 4 notes of analysts from July 18, 2018. The firm earned “Outperform” rating on Wednesday, July 18 by Wedbush. The firm has “Overweight” rating by Stephens given on Monday, October 15. DA Davidson upgraded Wintrust Financial Corporation (NASDAQ:WTFC) rating on Friday, October 19. DA Davidson has “Buy” rating and $95 target. Raymond James maintained the stock with “Strong Buy” rating in Friday, October 19 report.

More notable recent Wintrust Financial Corporation (NASDAQ:WTFC) news were published by: Nasdaq.com which released: “Zacks.com featured highlights include: EnPro, Domtar, Unum, Popular and Wintrust – Nasdaq” on November 27, 2018, also Nasdaq.com with their article: “After-Hours Earnings Report for October 17, 2018 : CCI, KMI, URI, STLD, SLG, AA, CCK, WTFC, UMPQ, TCBI, RLI, CATY – Nasdaq” published on October 17, 2018, Globenewswire.com published: “Wintrust Financial Corporation Announces Plans to Acquire Delaware Place Bank – GlobeNewswire” on May 02, 2018. More interesting news about Wintrust Financial Corporation (NASDAQ:WTFC) were released by: Nasdaq.com and their article: “Wintrust Financial (WTFC) Q3 Earnings and Revenues Beat Estimates – Nasdaq” published on October 17, 2018 as well as Nasdaq.com‘s news article titled: “Analysts See 15% Gains Ahead For RNMC – Nasdaq” with publication date: November 30, 2018.

Wintrust Financial Corporation (NASDAQ:WTFC) Institutional Positions Chart

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