Wintrust Financial Corporation (WTFC) Hit All-Time High

April 17, 2018 - By Clifton Ray

Wintrust Financial Corporation (NASDAQ:WTFC) Logo

Investors sentiment decreased to 1.25 in Q4 2017. Its down 0.38, from 1.63 in 2017Q3. It turned negative, 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.
Nj State Employees Deferred Compensation Plan holds 0.14% or 10,000 shares. Pinnacle Limited Co accumulated 31,044 shares or 0.93% of the stock. 10,300 were accumulated by Adams Diversified Equity Fund Inc. Citigroup owns 5,430 shares or 0% of their US portfolio. Principal Finance Grp Incorporated reported 239,642 shares. Alps Advsrs owns 6,538 shares. Fmr Ltd stated it has 0.01% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). The Pennsylvania-based Vanguard Group has invested 0.02% in Wintrust Financial Corporation (NASDAQ:WTFC). 20,885 were accumulated by Creative Planning. Goldman Sachs Grp has 0% invested in Wintrust Financial Corporation (NASDAQ:WTFC) for 169,035 shares. Schwab Charles owns 320,163 shares. State Of Wisconsin Inv Board holds 0.02% or 92,200 shares in its portfolio. Advantus Cap Inc invested in 0.01% or 6,888 shares. Dupont Capital Management Corp has 0.02% invested in Wintrust Financial Corporation (NASDAQ:WTFC). Federated Investors Incorporated Pa reported 205,881 shares.

Since October 23, 2017, it had 0 insider buys, and 8 sales for $7.66 million activity. Shares for $254,240 were sold by ZIDAR THOMAS P. On Monday, October 23 GLEASON LEONA A sold $681,864 worth of Wintrust Financial Corporation (NASDAQ:WTFC) or 8,441 shares. MURPHY RICHARD B had sold 17,432 shares worth $1.53M on Monday, January 29. 11,235 shares were sold by DYKSTRA DAVID A, worth $983,737 on Monday, January 29. 5,268 shares were sold by STOEHR DAVID L, worth $461,424.

The stock of Wintrust Financial Corporation (NASDAQ:WTFC) reached all time high today, Apr, 17 and still has $95.04 target or 7.00 % above today’s $88.82 share price. This indicates more upside for the $5.00 billion company. This technical setup was reported by Barchart.com. If the $95.04 PT is reached, the company will be worth $349.79 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 0.36% or $0.32 during the last trading session, reaching $88.82. About 408,505 shares traded or 10.55% up from the average. Wintrust Financial Corporation (NASDAQ:WTFC) has risen 23.71% since April 17, 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 21 analyst reports since October 19, 2017 according to SRatingsIntel. SunTrust maintained the stock with “Hold” rating in Thursday, October 19 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, December 12. Keefe Bruyette & Woods maintained Wintrust Financial Corporation (NASDAQ:WTFC) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $97.0 target. Jefferies maintained Wintrust Financial Corporation (NASDAQ:WTFC) on Monday, January 8 with “Hold” rating. FIG Partners downgraded the shares of WTFC in report on Monday, March 12 to “Hold” rating. FIG Partners upgraded Wintrust Financial Corporation (NASDAQ:WTFC) on Friday, February 9 to “Buy” rating. On Monday, February 26 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The rating was maintained by SunTrust on Sunday, November 5 with “Hold”. The rating was maintained by Piper Jaffray with “Hold” on Friday, April 6. Wedbush maintained it with “Outperform” rating and $100 target in Tuesday, April 17 report.

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 $5.00 billion. It operates in three divisions: Community Banking, Specialty Finance, and Wealth Management. It has a 20.18 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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.