Northern Trust Co. (NASDAQ:NTRS) EVP Clair Joyce St sold 18,489 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $97.51, for a total transaction of $1,802,862.39. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Clair Joyce St also recently made the following trade(s):

  • On Wednesday, October 18th, Clair Joyce St sold 7,665 shares of Northern Trust stock. The shares were sold at an average price of $95.00, for a total transaction of $728,175.00.

Shares of Northern Trust Co. (NASDAQ NTRS) traded down $0.46 during trading hours on Thursday, hitting $97.78. 1,343,649 shares of the company were exchanged, compared to its average volume of 1,145,356. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.37. Northern Trust Co. has a 1 year low of $80.86 and a 1 year high of $99.30. The company has a market cap of $21,898.38, a P/E ratio of 21.02, a price-to-earnings-growth ratio of 2.13 and a beta of 0.96.

Northern Trust (NASDAQ:NTRS) last announced its quarterly earnings results on Wednesday, October 18th. The asset manager reported $1.20 EPS for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.08. Northern Trust had a net margin of 20.27% and a return on equity of 12.33%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the firm earned $1.11 EPS. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. equities research analysts predict that Northern Trust Co. will post 4.68 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Friday, December 1st will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, November 30th. Northern Trust’s payout ratio is currently 37.17%.

Several research analysts have commented on NTRS shares. Royal Bank Of Canada reissued a “buy” rating and set a $97.00 price objective on shares of Northern Trust in a report on Friday, August 18th. Bank of America set a $102.00 price objective on shares of Northern Trust and gave the company a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research downgraded shares of Northern Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Morgan Stanley increased their price objective on shares of Northern Trust from $83.00 to $91.00 and gave the company an “underweight” rating in a report on Thursday, October 19th. Finally, Citigroup reissued a “neutral” rating and set a $92.00 price objective (up previously from $90.00) on shares of Northern Trust in a report on Monday, October 9th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $97.07.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tdam USA Inc. lifted its stake in Northern Trust by 0.4% in the second quarter. Tdam USA Inc. now owns 2,629 shares of the asset manager’s stock worth $255,000 after purchasing an additional 10 shares during the last quarter. Creative Planning lifted its stake in Northern Trust by 0.8% in the second quarter. Creative Planning now owns 2,374 shares of the asset manager’s stock worth $231,000 after purchasing an additional 20 shares during the last quarter. Wetherby Asset Management Inc. lifted its stake in Northern Trust by 0.5% in the second quarter. Wetherby Asset Management Inc. now owns 5,867 shares of the asset manager’s stock worth $570,000 after purchasing an additional 27 shares during the last quarter. Veritable L.P. lifted its stake in Northern Trust by 0.5% in the second quarter. Veritable L.P. now owns 7,941 shares of the asset manager’s stock worth $772,000 after purchasing an additional 42 shares during the last quarter. Finally, Conning Inc. lifted its stake in Northern Trust by 0.8% in the second quarter. Conning Inc. now owns 6,263 shares of the asset manager’s stock worth $609,000 after purchasing an additional 50 shares during the last quarter. 81.75% of the stock is owned by institutional investors and hedge funds.

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Northern Trust Company Profile

Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals across the world. Its segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other.

Insider Buying and Selling by Quarter for Northern Trust (NASDAQ:NTRS)

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