Wintrust Financial (WTFC) Reaches $93.56 52-Week High; Numina Capital Management Cut Its Equity Comwlth (EQC) Holding

May 16, 2018 - By Marie Mckinney

Equity Commonwealth (NYSE:EQC) Logo

Numina Capital Management Llc decreased Equity Comwlth (EQC) stake by 79.77% reported in 2017Q4 SEC filing. Numina Capital Management Llc sold 393,389 shares as Equity Comwlth (EQC)’s stock declined 0.50%. The Numina Capital Management Llc holds 99,766 shares with $3.04M value, down from 493,155 last quarter. Equity Comwlth now has $3.71B valuation. The stock decreased 0.49% or $0.15 during the last trading session, reaching $30.5. About 93,009 shares traded. Equity Commonwealth (NYSE:EQC) has declined 3.67% since May 16, 2017 and is downtrending. It has underperformed by 15.22% the S&P500.

The stock of Wintrust Financial Corporation (NASDAQ:WTFC) hit a new 52-week high and has $101.98 target or 9.00% above today’s $93.56 share price. The 5 months bullish chart indicates low risk for the $5.27 billion company. The 1-year high was reported on May, 16 by Barchart.com. If the $101.98 price target is reached, the company will be worth $473.94M more. The stock increased 0.53% or $0.49 during the last trading session, reaching $93.56. About 67,113 shares traded. Wintrust Financial Corporation (NASDAQ:WTFC) has risen 23.71% since May 16, 2017 and is uptrending. It has outperformed by 12.16% the S&P500.

Analysts await Wintrust Financial Corporation (NASDAQ:WTFC) to report earnings on July, 17. They expect $1.45 EPS, up 30.63% or $0.34 from last year’s $1.11 per share. WTFC’s profit will be $81.61M for 16.13 P/E if the $1.45 EPS becomes a reality. After $1.40 actual EPS reported by Wintrust Financial Corporation for the previous quarter, Wall Street now forecasts 3.57% EPS growth.

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. Clearbridge Invests Ltd reported 0% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). Kennedy Mgmt accumulated 196,131 shares or 0.29% of the stock. Td Asset Incorporated has 4,000 shares for 0% of their portfolio. Citigroup reported 0% stake. D E Shaw & Inc invested in 31,796 shares or 0% of the stock. Services Automobile Association has invested 0% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC). Wellington Mngmt Grp Inc Llp reported 33,077 shares stake. Schwab Charles Inv Management Inc owns 320,163 shares. Thrivent Fincl For Lutherans stated it has 0% in Wintrust Financial Corporation (NASDAQ:WTFC). Great West Life Assurance Can holds 0.01% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC) for 33,188 shares. Falcon Point Capital has 121,409 shares for 1.69% of their portfolio. New York-based American Int Gru has invested 0.04% in Wintrust Financial Corporation (NASDAQ:WTFC). Employees Retirement Association Of Colorado accumulated 8,719 shares. Moreover, Whitnell & has 0.03% invested in Wintrust Financial Corporation (NASDAQ:WTFC). Pub Employees Retirement Systems Of Ohio has invested 0.01% in Wintrust Financial Corporation (NASDAQ:WTFC).

Among 13 analysts covering Wintrust Financial (NASDAQ:WTFC), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Wintrust Financial has $10200 highest and $46 lowest target. $85.58’s average target is -8.53% below currents $93.56 stock price. Wintrust Financial had 50 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, July 19 by RBC Capital Markets. The firm earned “Buy” rating on Friday, July 7 by RBC Capital Markets. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) earned “Buy” rating by Keefe Bruyette & Woods on Tuesday, April 17. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) has “Buy” rating given on Tuesday, January 23 by RBC Capital Markets. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, July 18. Hovde Group maintained it with “Hold” rating and $90.0 target in Thursday, February 8 report. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) has “Buy” rating given on Thursday, October 19 by Keefe Bruyette & Woods. The firm has “Neutral” rating given on Friday, June 10 by Piper Jaffray. The firm earned “Outperform” rating on Tuesday, November 29 by Keefe Bruyette & Woods. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, January 20 report.

More important recent Wintrust Financial Corporation (NASDAQ:WTFC) news were published by: Globenewswire.com which released: “Wintrust Financial Corporation Announces Plans to Acquire Delaware Place Bank” on May 02, 2018, also Globenewswire.com published article titled: “Wintrust Financial Corporation Announces Cash Dividend”, Seekingalpha.com published: “Wintrust Financial’s (WTFC) CEO Edward Wehmer on Q1 2018 Results – Earnings Call Transcript” on April 21, 2018. More interesting news about Wintrust Financial Corporation (NASDAQ:WTFC) was released by: Finance.Yahoo.com and their article: “3 Stocks to Watch on Tuesday: Celanese Corporation (CE), Roku Inc (ROKU) and Wintrust Financial Corp (WTFC)” with publication date: April 18, 2018.

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 $5.27 billion. It operates in three divisions: Community Banking, Specialty Finance, and Wealth Management. It has a 21.26 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.

Since January 29, 2018, it had 1 buying transaction, and 5 selling transactions for $4.35 million activity. The insider SWEENEY GARY D bought 330 shares worth $29,895. MURPHY RICHARD B sold 1,795 shares worth $163,327. STOEHR DAVID L sold $461,424 worth of stock or 5,268 shares. 14,173 Wintrust Financial Corporation (NASDAQ:WTFC) shares with value of $1.24M were sold by WEHMER EDWARD J. The insider DYKSTRA DAVID A sold $983,737.

Analysts await Equity Commonwealth (NYSE:EQC) to report earnings on July, 23. They expect $0.15 EPS, down 40.00% or $0.10 from last year’s $0.25 per share. EQC’s profit will be $18.23M for 50.83 P/E if the $0.15 EPS becomes a reality. After $0.14 actual EPS reported by Equity Commonwealth for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

More news for Equity Commonwealth (NYSE:EQC) were recently published by: Businesswire.com, which released: “Equity Commonwealth Reports First Quarter 2018 Results” on May 07, 2018. Globenewswire.com‘s article titled: “New Research: Key Drivers of Growth for Maiden, Oaktree Capital Group, Broa, ARMO Biosciences, Hillenbrand, and …” and published on April 18, 2018 is yet another important article.

Among 4 analysts covering Equity Commonwealth (NYSE:EQC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Equity Commonwealth had 11 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Sell” rating by Zacks on Monday, August 10. The stock of Equity Commonwealth (NYSE:EQC) earned “Hold” rating by Stifel Nicolaus on Friday, July 14. Stifel Nicolaus maintained Equity Commonwealth (NYSE:EQC) rating on Monday, September 18. Stifel Nicolaus has “Hold” rating and $33.0 target. Citigroup maintained Equity Commonwealth (NYSE:EQC) on Thursday, September 1 with “Neutral” rating. The stock of Equity Commonwealth (NYSE:EQC) has “Buy” rating given on Friday, February 16 by Stifel Nicolaus. The stock of Equity Commonwealth (NYSE:EQC) has “Buy” rating given on Monday, August 15 by Bank of America. The firm earned “Neutral” rating on Friday, September 11 by Citigroup. The firm earned “Hold” rating on Friday, November 6 by Stifel Nicolaus. The firm earned “Market Outperform” rating on Tuesday, May 8 by JMP Securities. On Wednesday, September 9 the stock rating was upgraded by Bank of America to “Neutral”.

Numina Capital Management Llc increased Iac Interactivecorp (NASDAQ:IACI) stake by 20,984 shares to 292,318 valued at $35.75M in 2017Q4. It also upped Liberty Interactive Corp stake by 23,977 shares and now owns 2.55 million shares. Hrg Group Inc (NYSE:HRG) was raised too.

Wintrust Financial Corporation (NASDAQ:WTFC) Institutional Positions Chart

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