Foster & Motley Holds Holding in Viacom (VIAB); Falcon Point Capital Has Lowered Its Wintrust Financial (WTFC) Holding as Stock Price Declined

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Falcon Point Capital Llc decreased its stake in Wintrust Financial Corporation (WTFC) by 7.86% based on its latest 2018Q3 regulatory filing with the SEC. Falcon Point Capital Llc sold 7,636 shares as the company’s stock declined 20.77% with the market. The institutional investor held 89,567 shares of the major banks company at the end of 2018Q3, valued at $7.61 million, down from 97,203 at the end of the previous reported quarter. Falcon Point Capital Llc who had been investing in Wintrust Financial Corporation for a number of months, seems to be less bullish one the $3.99B market cap company. The stock increased 0.07% or $0.05 during the last trading session, reaching $70.66. About 493,316 shares traded or 7.05% up from the average. Wintrust Financial Corporation (NASDAQ:WTFC) has declined 15.24% since January 12, 2018 and is downtrending. It has underperformed by 15.24% the S&P500. Some Historical WTFC News: 16/04/2018 – Wintrust Financial Corporation Reports Record First Quarter 2018 Net Income, an Increase of 40% Over Prior Year; 16/04/2018 – Wintrust 1Q Net $82M; 16/04/2018 – Wintrust 1Q EPS $1.40; 16/04/2018 – After-hours buzz: NFLX, ROKU, CE & WTFC; 02/05/2018 – Wintrust to Buy Delaware Place Bank for $34M; 22/03/2018 WINTRUST FINANCIAL CORP WTFC.O : UBS STARTS WITH NEUTRAL RATING; TARGET PRICE $93; 02/05/2018 – Wintrust Financial Corporation Announces Plans To Acquire Delaware Place Bank; 16/04/2018 – Wintrust Sees Profit, Revenue Boost In Latest Quarter

Foster & Motley Inc increased its stake in Viacom Inc. (VIAB) by 451.31% based on its latest 2018Q3 regulatory filing with the SEC. Foster & Motley Inc bought 66,193 shares as the company’s stock rose 1.10% while stock markets declined. The institutional investor held 80,860 shares of the television services company at the end of 2018Q3, valued at $2.73M, up from 14,667 at the end of the previous reported quarter. Foster & Motley Inc who had been investing in Viacom Inc. for a number of months, seems to be bullish on the $12.03B market cap company. The stock increased 0.38% or $0.11 during the last trading session, reaching $29.44. About 2.14 million shares traded. Viacom Inc. (NASDAQ:VIAB) has declined 0.84% since January 12, 2018 and is downtrending. It has underperformed by 0.84% the S&P500. Some Historical VIAB News: 03/04/2018 – CBS has submitted a bid for Viacom, sources familiar said; 02/04/2018 – New York Post: CBS plans to make lowball offer for Viacom; 25/04/2018 – VIACOM 2Q REV. $3.15B, EST. $3.04B; 11/04/2018 – Redstone weighs CBS-Viacom merger with or without Moonves; 25/04/2018 – VIACOM INC – NOW EXPECT OVER $300 MLN IN RUN-RATE SAVINGS IN FISCAL 2019 RELATED TO COST TRANSFORMATION INITIATIVES; 04/05/2018 – Shari Redstone has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger as long as Bakish sits on the combined company’s board; 03/04/2018 – CNBC Now: BREAKING: CBS has submitted bid for Viacom that is below its market value; CBS special committee wants Moonves,; 25/04/2018 – VIACOM: WON’T ANSWER QUESTIONS ABOUT CBS MERGER PROCESS; 25/04/2018 – VIACOM INC VIAB.O – REAFFIRMS ADJ OPERATING INCOME GROWTH IN SECOND HALF OF THE YEAR , EXPECTS IT TO GROW TO LOW SINGLE DIGITS- CEO, CONF CALL; 25/04/2018 – VIACOM INC – FILMED ENTERTAINMENT REVENUES DECREASED 17% TO $741 MLN IN QUARTER

Foster & Motley Inc, which manages about $913.18 million and $666.65M US Long portfolio, decreased its stake in Travelers Companies Inc (NYSE:TRV) by 6,673 shares to 71,707 shares, valued at $9.30M in 2018Q3, according to the filing. It also reduced its holding in Block H & R Incorporated (NYSE:HRB) by 18,607 shares in the quarter, leaving it with 40,151 shares, and cut its stake in Total S.A. Ads (NYSE:TOT).

Among 41 analysts covering Viacom Inc. (NASDAQ:VIAB), 13 have Buy rating, 0 Sell and 28 Hold. Therefore 32% are positive. Viacom Inc. had 147 analyst reports since August 7, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Hold” rating and $35.0 target in Monday, September 11 report. The company was maintained on Thursday, January 4 by Wells Fargo. Topeka Capital Markets maintained Viacom Inc. (NASDAQ:VIAB) rating on Wednesday, October 7. Topeka Capital Markets has “Hold” rating and $45 target. Morgan Stanley maintained the shares of VIAB in report on Monday, October 15 with “Equal-Weight” rating. The stock of Viacom Inc. (NASDAQ:VIAB) has “Hold” rating given on Wednesday, February 24 by Topeka Capital Markets. The rating was maintained by Topeka Capital Markets on Monday, November 30 with “Hold”. Imperial Capital upgraded the shares of VIAB in report on Friday, January 11 to “Outperform” rating. The stock of Viacom Inc. (NASDAQ:VIAB) earned “Neutral” rating by Wedbush on Tuesday, September 27. Macquarie Research maintained Viacom Inc. (NASDAQ:VIAB) rating on Thursday, September 22. Macquarie Research has “Neutral” rating and $35 target. As per Monday, November 20, the company rating was maintained by KeyBanc Capital Markets.

More notable recent Viacom Inc. (NASDAQ:VIAB) news were published by: Investorplace.com which released: “Is There an Upside Surprise Coming for Facebook Stock? – Investorplace.com” on January 11, 2019, also Streetinsider.com with their article: “After-Hours Movers 01/08: (VIRT) (CGC) (VIAB) Higher; (SGH) (NYMT) (more…) – StreetInsider.com” published on January 08, 2019, Nasdaq.com published: “Viacom (VIAB) Down 10.2% Since Last Earnings Report: Can It Rebound? – Nasdaq” on December 16, 2018. More interesting news about Viacom Inc. (NASDAQ:VIAB) were released by: Nasdaq.com and their article: “Look Under The Hood: SHE Has 23% Upside – Nasdaq” published on January 03, 2019 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For January 11, 2019 – Benzinga” with publication date: January 11, 2019.

Analysts await Wintrust Financial Corporation (NASDAQ:WTFC) to report earnings on January, 22 after the close. They expect $1.57 EPS, up 34.19% or $0.40 from last year’s $1.17 per share. WTFC’s profit will be $88.54 million for 11.25 P/E if the $1.57 EPS becomes a reality. After $1.57 actual EPS reported by Wintrust Financial Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since July 20, 2018, it had 1 insider purchase, and 2 insider sales for $1.19 million activity. On Wednesday, October 24 the insider SWEENEY GARY D bought $22,383. WEHMER EDWARD J sold 12,301 shares worth $1.12M.

More notable recent Wintrust Financial Corporation (NASDAQ:WTFC) news were published by: Investorplace.com which released: “3 Bank Stocks to Buy After the Fed’s Stress Tests – Investorplace.com” on June 22, 2018, also Nasdaq.com with their article: “4 Reasons to Invest in Associated Banc-Corp (ASB) Stock Now – Nasdaq” published on August 14, 2018, Nasdaq.com published: “After-Hours Earnings Report for October 17, 2018 : CCI, KMI, URI, STLD, SLG, AA, CCK, WTFC, UMPQ, TCBI, RLI, CATY – Nasdaq” on October 17, 2018. More interesting news about Wintrust Financial Corporation (NASDAQ:WTFC) were released by: Globenewswire.com and their article: “Wintrust Financial Announces Addition of Jim Kiley to Wealth Services Team – GlobeNewsWire” published on March 15, 2012 as well as Globenewswire.com‘s news article titled: “Wintrust Acquires Chicago Deferred Exchange Company Nasdaq:WTFC – GlobeNewswire” with publication date: December 14, 2018.

Falcon Point Capital Llc, which manages about $364.50M and $465.61M US Long portfolio, upped its stake in Cardiovascular Systems Inc. (NASDAQ:CSII) by 11,126 shares to 23,112 shares, valued at $905,000 in 2018Q3, according to the filing. It also increased its holding in Jack In The Box Inc. (NASDAQ:JACK) by 7,722 shares in the quarter, for a total of 166,472 shares, and has risen its stake in Proofpoint Inc. (NASDAQ:PFPT).

Among 16 analysts covering Wintrust Financial (NASDAQ:WTFC), 7 have Buy rating, 0 Sell and 9 Hold. Therefore 44% are positive. Wintrust Financial had 54 analyst reports since July 20, 2015 according to SRatingsIntel. SunTrust maintained the stock with “Neutral” rating in Monday, October 19 report. Hovde Group initiated it with “Market Perform” rating and $59 target in Wednesday, August 24 report. On Tuesday, April 17 the stock rating was maintained by Sandler O’Neill with “Hold”. As per Friday, October 19, the company rating was maintained by Raymond James. RBC Capital Markets maintained Wintrust Financial Corporation (NASDAQ:WTFC) on Friday, July 7 with “Buy” rating. Hovde Group maintained it with “Hold” rating and $90.0 target in Thursday, February 8 report. The firm has “Buy” rating given on Thursday, September 3 by Zacks. Piper Jaffray maintained Wintrust Financial Corporation (NASDAQ:WTFC) on Friday, September 1 with “Hold” rating. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) has “Hold” rating given on Thursday, April 19 by SunTrust. The stock of Wintrust Financial Corporation (NASDAQ:WTFC) earned “Hold” rating by Jefferies on Friday, August 11.

Investors sentiment decreased to 1.03 in 2018 Q3. Its down 0.13, from 1.16 in 2018Q2. It is negative, as 16 investors sold WTFC shares while 104 reduced holdings. 34 funds opened positions while 90 raised stakes. 47.18 million shares or 1.50% less from 47.90 million shares in 2018Q2 were reported. 252,347 are held by Principal Financial Grp Inc. Invesco Ltd reported 574,325 shares. Barclays Public Limited accumulated 28,667 shares. Kbc Group Inc Nv holds 0.03% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC) for 53,036 shares. Bluecrest Cap Ltd holds 40,713 shares. Comerica National Bank holds 36,328 shares. M&T State Bank stated it has 3,799 shares. Quantitative Systematic Strategies Limited Liability Company holds 18,082 shares. Dimensional Fund Advsr LP accumulated 1.84 million shares. Ontario – Canada-based Waratah Capital has invested 0.09% in Wintrust Financial Corporation (NASDAQ:WTFC). Moreover, Stieven Cap Advsr LP has 0.97% invested in Wintrust Financial Corporation (NASDAQ:WTFC). Susquehanna Intll Grp Llp invested 0% in Wintrust Financial Corporation (NASDAQ:WTFC). The Wisconsin-based 1492 Mngmt Limited Com has invested 0.16% in Wintrust Financial Corporation (NASDAQ:WTFC). Rothschild Com Asset Mngmt Us Incorporated reported 0.28% stake. Aqr Capital Mgmt Ltd Liability has 302,301 shares.

Wintrust Financial Corporation (NASDAQ:WTFC) Institutional Positions Chart