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

April 19, 2018 - By Richard Conner

Wintrust Financial Corporation (NASDAQ:WTFC) LogoInvestors sentiment decreased to 1.25 in 2017 Q4. Its down 0.38, from 1.63 in 2017Q3. It fall, 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. Telemus Limited Company has 0% invested in Wintrust Financial Corporation (NASDAQ:WTFC) for 150 shares. Principal Gru Inc reported 239,642 shares or 0.02% of all its holdings. Utd Capital Advisers Ltd Limited Liability Company reported 0% stake. C M Bidwell And Assoc Ltd reported 0.03% stake. Falcon Point Limited Co has invested 1.69% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). Sit Invest Assoc accumulated 13,860 shares. Mason Street Ltd Limited Liability Company has 27,551 shares for 0.05% of their portfolio. Shelton Mgmt reported 4,053 shares. State Of Tennessee Treasury Department reported 0.05% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). California State Teachers Retirement stated it has 0.01% in Wintrust Financial Corporation (NASDAQ:WTFC). Kennedy Cap Mngmt has 196,131 shares for 0.29% of their portfolio. 20,100 are held by State Treasurer State Of Michigan. Arizona State Retirement System reported 40,252 shares. Gam Holding Ag has 0.02% invested in Wintrust Financial Corporation (NASDAQ:WTFC) for 6,668 shares. Hennessy Advsr has invested 0.13% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC).

Since October 23, 2017, it had 0 buys, and 8 selling transactions for $7.66 million activity. STOEHR DAVID L sold $461,424 worth of stock or 5,268 shares. 11,235 shares valued at $983,737 were sold by DYKSTRA DAVID A on Monday, January 29. On Monday, October 23 the insider WEHMER EDWARD J sold $719,190. MURPHY RICHARD B also sold $1.53 million worth of Wintrust Financial Corporation (NASDAQ:WTFC) on Monday, January 29. 8,441 shares valued at $681,864 were sold by GLEASON LEONA A on Monday, October 23.

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 1.02 million 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 $5.10 billion 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 $86.06B US Long portfolio, upped its stake in Procter And Gamble Co (NYSE:PG) by 820,149 shares to 9.97 million shares, valued at $790.40 million in 2018Q1, according to the filing. It also increased its holding in Qorvo Inc Com () by 204,325 shares in the quarter, for a total of 1.22M shares, and has risen its stake in Steris Plc Shs Usd ().

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 company was maintained on Wednesday, January 24 by Piper Jaffray. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, December 12 report. Piper Jaffray maintained the stock with “Hold” rating in Friday, April 6 report. The firm has “Hold” rating by Hovde Group given on Thursday, February 8. Jefferies maintained the stock with “Hold” rating in Monday, January 8 report. The firm has “Hold” rating given on Monday, March 12 by FIG Partners. The rating was maintained by RBC Capital Markets on Tuesday, January 23 with “Buy”. Keefe Bruyette & Woods maintained it with “Buy” rating and $97.0 target in Thursday, December 21 report. On Tuesday, April 17 the stock rating was maintained by Wedbush with “Outperform”. The company was upgraded on Friday, February 9 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 $5.10 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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