Huntington National Bank Acquires 127 Shares of Wintrust Financial Co. (NASDAQ:WTFC)

05 Apr 2025, 05:56 by Teresa Graham · The Cerbat Gem

Huntington National Bank boosted its stake in shares of Wintrust Financial Co. (NASDAQ:WTFC – Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,971 shares of the bank’s stock after acquiring an additional 127 shares during the quarter. Huntington National Bank’s holdings in Wintrust Financial were worth $495,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WTFC. Millstone Evans Group LLC purchased a new position in shares of Wintrust Financial during the 4th quarter worth about $43,000. Global Retirement Partners LLC lifted its stake in Wintrust Financial by 63.5% in the fourth quarter. Global Retirement Partners LLC now owns 376 shares of the bank’s stock worth $47,000 after purchasing an additional 146 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Wintrust Financial by 32.1% during the fourth quarter. Versant Capital Management Inc now owns 539 shares of the bank’s stock valued at $67,000 after buying an additional 131 shares during the period. UMB Bank n.a. grew its stake in shares of Wintrust Financial by 32.2% during the fourth quarter. UMB Bank n.a. now owns 677 shares of the bank’s stock valued at $84,000 after buying an additional 165 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Wintrust Financial by 920.9% during the 4th quarter. Jones Financial Companies Lllp now owns 684 shares of the bank’s stock worth $85,000 after acquiring an additional 617 shares during the last quarter. 93.48% of the stock is currently owned by hedge funds and other institutional investors.

Wintrust Financial Stock Down 3.6 %

NASDAQ:WTFC opened at $96.28 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.00 and a current ratio of 1.01. The stock has a market capitalization of $6.42 billion, a P/E ratio of 9.34 and a beta of 0.94. The company’s 50-day simple moving average is $120.32 and its 200-day simple moving average is $122.25. Wintrust Financial Co. has a fifty-two week low of $89.10 and a fifty-two week high of $142.04.

Wintrust Financial (NASDAQ:WTFC – Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.11. Wintrust Financial had a net margin of 17.52% and a return on equity of 12.60%. During the same period last year, the company earned $1.87 EPS. On average, equities analysts anticipate that Wintrust Financial Co. will post 10.36 earnings per share for the current fiscal year.

Wintrust Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.08%. Wintrust Financial’s dividend payout ratio (DPR) is presently 19.40%.

Wall Street Analysts Forecast Growth

WTFC has been the topic of a number of recent analyst reports. Piper Sandler increased their target price on Wintrust Financial from $151.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. StockNews.com lowered shares of Wintrust Financial from a “hold” rating to a “sell” rating in a report on Saturday, February 15th. UBS Group started coverage on shares of Wintrust Financial in a research report on Tuesday, December 17th. They issued a “buy” rating and a $157.00 price objective for the company. Truist Financial raised shares of Wintrust Financial to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Raymond James reiterated a “strong-buy” rating and issued a $150.00 price target (up previously from $135.00) on shares of Wintrust Financial in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $133.69.

Read Our Latest Stock Report on WTFC

Insiders Place Their Bets

In other Wintrust Financial news, COO David A. Dykstra sold 4,213 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $131.31, for a total transaction of $553,209.03. Following the sale, the chief operating officer now owns 206,294 shares of the company’s stock, valued at approximately $27,088,465.14. The trade was a 2.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David L. Stoehr sold 2,363 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $131.32, for a total transaction of $310,309.16. Following the transaction, the chief financial officer now owns 19,858 shares in the company, valued at $2,607,752.56. The trade was a 10.63 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,178 shares of company stock valued at $1,336,315. 1.47% of the stock is currently owned by corporate insiders.

Wintrust Financial Profile

(Free Report)