Global Medical REIT Inc. (GMRE) Reaches $7.46 After 8.00% Up Move; Wintrust Financial (WTFC) Shorts Up By 2.58%

February 15, 2018 - By Vivian Currie

Wintrust Financial Corporation (NASDAQ:WTFC) had an increase of 2.58% in short interest. WTFC’s SI was 1.02M shares in February as released by FINRA. Its up 2.58% from 995,300 shares previously. With 228,500 avg volume, 5 days are for Wintrust Financial Corporation (NASDAQ:WTFC)’s short sellers to cover WTFC’s short positions. The SI to Wintrust Financial Corporation’s float is 1.98%. The stock decreased 0.61% or $0.52 during the last trading session, reaching $84.99. About 102,297 shares traded. Wintrust Financial Corporation (NASDAQ:WTFC) has risen 36.64% since February 15, 2017 and is uptrending. It has outperformed by 19.94% the S&P500.

The stock of Global Medical REIT Inc. (NYSE:GMRE) is a huge mover today! The stock increased 3.61% or $0.26 during the last trading session, reaching $7.46. About 93,731 shares traded. Global Medical REIT Inc. (NYSE:GMRE) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.The move comes after 9 months positive chart setup for the $161.37 million company. It was reported on Feb, 15 by Barchart.com. We have $8.06 PT which if reached, will make NYSE:GMRE worth $12.91M more.

Among 12 analysts covering Wintrust Financial (NASDAQ:WTFC), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Wintrust Financial had 39 analyst reports since July 20, 2015 according to SRatingsIntel. Hovde Group initiated the shares of WTFC in report on Wednesday, August 24 with “Market Perform” rating. The firm has “Hold” rating given on Friday, September 1 by Piper Jaffray. The rating was maintained by Jefferies with “Hold” on Friday, August 11. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 7. SunTrust maintained the shares of WTFC in report on Tuesday, November 28 with “Hold” rating. The firm earned “Hold” rating on Sunday, November 5 by SunTrust. As per Friday, February 9, the company rating was upgraded by FIG Partners. The firm has “Hold” rating given on Wednesday, January 24 by Piper Jaffray. Jefferies maintained it with “Hold” rating and $80.0 target in Friday, September 15 report. The firm has “Hold” rating by Hovde Group given on Thursday, February 8.

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 $4.76 billion. It operates in three divisions: Community Banking, Specialty Finance, and Wealth Management. It has a 19.31 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 October 23, 2017, it had 0 buys, and 8 selling transactions for $7.66 million activity. The insider WEHMER EDWARD J sold $1.24M. Shares for $681,864 were sold by GLEASON LEONA A on Monday, October 23. On Thursday, October 26 the insider ZIDAR THOMAS P sold $254,240. The insider DYKSTRA DAVID A sold 22,476 shares worth $1.79 million. Shares for $461,424 were sold by STOEHR DAVID L on Monday, January 29. 17,432 shares were sold by MURPHY RICHARD B, worth $1.53 million.

Investors sentiment increased to 1.63 in Q3 2017. Its up 0.63, from 1 in 2017Q2. It improved, as 17 investors sold Wintrust Financial Corporation shares while 66 reduced holdings. 37 funds opened positions while 98 raised stakes. 50.16 million shares or 0.77% more from 49.78 million shares in 2017Q2 were reported. Alps Inc has invested 0% in Wintrust Financial Corporation (NASDAQ:WTFC). Strs Ohio reported 8,200 shares. Arizona-based Arizona State Retirement Systems has invested 0.03% in Wintrust Financial Corporation (NASDAQ:WTFC). Raymond James Tru Na invested in 4,962 shares. Canada Pension Plan Board holds 0% in Wintrust Financial Corporation (NASDAQ:WTFC) or 1,100 shares. Royal Natl Bank Of Canada holds 0.02% of its portfolio in Wintrust Financial Corporation (NASDAQ:WTFC) for 521,756 shares. The California-based Hennessy Inc has invested 0.14% in Wintrust Financial Corporation (NASDAQ:WTFC). New York-based Pinebridge Investments Ltd Partnership has invested 0.09% in Wintrust Financial Corporation (NASDAQ:WTFC). Texas Permanent School Fund has invested 0.04% in Wintrust Financial Corporation (NASDAQ:WTFC). Teacher Retirement System Of Texas accumulated 4,607 shares or 0% of the stock. Smith Asset Mgmt Group Inc Lp has 270 shares for 0% of their portfolio. 2,496 were accumulated by Panagora Asset Management. Pnc Fin Services Group has invested 0% in Wintrust Financial Corporation (NASDAQ:WTFC). Moreover, Koch Industries has 0.07% invested in Wintrust Financial Corporation (NASDAQ:WTFC). Legal & General Grp Public Limited Liability Company holds 0% or 65,617 shares.

Among 6 analysts covering Global Medical… (NYSE:GMRE), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Global Medical… has $12.0 highest and $10.5 lowest target. $11.42’s average target is 53.08% above currents $7.46 stock price. Global Medical… had 9 analyst reports since July 11, 2016 according to SRatingsIntel. The rating was downgraded by Compass Point to “Neutral” on Tuesday, September 20. The rating was initiated by Compass Point on Monday, July 11 with “Buy”. The rating was initiated by Cantor Fitzgerald on Thursday, August 31 with “Buy”. The stock of Global Medical REIT Inc. (NYSE:GMRE) earned “Buy” rating by Wunderlich on Monday, July 11. The firm earned “Hold” rating on Monday, July 11 by BB&T Capital. The firm has “Neutral” rating by DA Davidson given on Tuesday, August 22. The company was maintained on Monday, November 13 by Cantor Fitzgerald.

Global Medical REIT, Inc. is a publicly owned real estate investment trust. The company has market cap of $161.37 million. It invests in the real estate markets of United States. It currently has negative earnings. The firm focuses on the acquisition and leasing of licensed purpose-built healthcare facilities.

Analysts await Global Medical REIT Inc. (NYSE:GMRE) to report earnings on March, 26. They expect $0.14 EPS, up 133.33% or $0.08 from last year’s $0.06 per share. GMRE’s profit will be $3.03M for 13.32 P/E if the $0.14 EPS becomes a reality. After $0.17 actual EPS reported by Global Medical REIT Inc. for the previous quarter, Wall Street now forecasts -17.65% negative EPS growth.

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By1 Vivian Currie

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