Wintrust Financial Corp. (NASDAQ:WTFC) shares gapped up before the market opened on Friday . The stock had previously closed at $52.92, but opened at $53.10. Wintrust Financial Corp. shares last traded at $54.71, with a volume of 155,557 shares changing hands.

A number of research analysts have issued reports on WTFC shares. DA Davidson began coverage on shares of Wintrust Financial Corp. in a research note on Thursday, April 7th. They set a “neutral” rating and a $49.00 target price for the company. Zacks Investment Research lowered shares of Wintrust Financial Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, April 12th. Jefferies Group reaffirmed a “hold” rating on shares of Wintrust Financial Corp. in a research note on Monday, April 18th. Royal Bank Of Canada upped their price target on shares of Wintrust Financial Corp. from $50.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 20th. Finally, Raymond James Financial Inc. reaffirmed a “strong-buy” rating on shares of Wintrust Financial Corp. in a research note on Friday, June 3rd. Eight research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $52.11.

The firm has a market capitalization of $2.82 billion and a price-to-earnings ratio of 17.46. The company’s 50 day moving average is $51.72 and its 200-day moving average is $47.63.

Wintrust Financial Corp. (NASDAQ:WTFC) last released its quarterly earnings data on Tuesday, July 19th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.04. During the same quarter in the prior year, the company earned $0.85 EPS. On average, equities research analysts predict that Wintrust Financial Corp. will post $3.60 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 25th. Stockholders of record on Thursday, August 11th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Tuesday, August 9th.

In related news, insider Richard B. Murphy sold 1,293 shares of the stock in a transaction dated Thursday, July 21st. The shares were sold at an average price of $52.71, for a total transaction of $68,154.03. Following the completion of the sale, the insider now owns 28,445 shares in the company, valued at approximately $1,499,335.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Several large investors have recently made changes to their positions in the company. Comerica Bank boosted its stake in shares of Wintrust Financial Corp. by 0.6% in the fourth quarter. Comerica Bank now owns 49,737 shares of the company’s stock worth $2,255,000 after buying an additional 273 shares during the period. New York State Common Retirement Fund boosted its stake in shares of Wintrust Financial Corp. by 0.9% in the fourth quarter. New York State Common Retirement Fund now owns 58,620 shares of the company’s stock worth $2,844,000 after buying an additional 537 shares during the period. Swiss National Bank boosted its stake in shares of Wintrust Financial Corp. by 1.4% in the fourth quarter. Swiss National Bank now owns 60,000 shares of the company’s stock worth $2,911,000 after buying an additional 800 shares during the period. KBC Group boosted its stake in shares of Wintrust Financial Corp. by 3.1% in the third quarter. KBC Group now owns 48,702 shares of the company’s stock worth $2,602,000 after buying an additional 1,479 shares during the period. Finally, US Bancorp DE boosted its stake in shares of Wintrust Financial Corp. by 5.6% in the fourth quarter. US Bancorp DE now owns 45,166 shares of the company’s stock worth $2,192,000 after buying an additional 2,404 shares during the period.

Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company provides community-oriented, personal and commercial banking services to customers located in the Chicago metropolitan area and in southeastern Wisconsin through its banking subsidiaries (the banks).

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