Economy

EPS for Northern Trust Corporation (NTRS) Expected At $1.15

The dividend will be $0.420 per share for the quarter or $1.68 on an annualized basis. About shares traded. SeaChange International (NASDAQ:SEAC) has declined 23.46% since September 18, 2016 and is downtrending. It has underperformed by 29.77% the S&P500. Underhill Management Limited Liability has 0.25% invested in Northern Trust Corporation (NASDAQ:NTRS) for 4,110 shares. NTRS's profit will be $262.77 million for 19.26 P/E if the $1.15 EPS becomes a reality. After $1.18 actual earnings per share reported by Northern Trust Corporation for the previous quarter, Wall Street now forecasts -2.54% negative EPS growth. The stock increased 1.24% or $1.1 during the last trading session, reaching $89.68. It has outperformed by 5.75% the S&P500.

Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil firm engaged in the brewing sector. The company has market cap of $107.04 billion. The Firm produces and sells beer, carbonated soft drinks and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Therefore 37% are positive. The rating was upgraded by JP Morgan on Thursday, November 10 to "Overweight".

On July 20 Bank of America maintained a company rating of "Hold" and moved down the price target to $93.00 from $98.00. The firm has "Equal-Weight" rating given on Thursday, October 22 by Barclays Capital. They set a "market perform" rating and a $90.00 target price on the stock. Finally, Goldman Sachs Group, Inc.

Since May 5, 2017, it had 0 insider purchases, and 5 insider sales for $26.84 million activity.

In related news, insider Teresa Parker sold 11,399 shares of the stock in a transaction that occurred on Friday, July 21st. The legal version of this article can be viewed at https://weekherald.com/2017/09/19/robert-p-browne-sells-11000-shares-of-northern-trust-corporation-ntrs-stock.html. The insider MORRISON WILLIAM L sold 41,965 shares worth $3.86M. Northern Trust Corp lifted its position in shares of Northern Trust Corporation by 1.5% during the 2nd quarter. Finally, Royal Bank Of Canada reaffirmed a "buy" rating and issued a $97.00 price target on shares of Northern Trust Corporation in a report on Thursday, June 29th. BidaskClub raised Northern Trust Corporation from a "sell" rating to a "hold" rating in a research report on Friday, August 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. On Thursday, June 16 the stock rating was maintained by Deutsche Bank with "Hold". July 11 investment analysts at Jefferies made no change to the stock rating of "Buy" but raised the price expectation from $68.00 to $111.00. Zacks Investment Research upgraded Northern Trust Corporation from a "hold" rating to a "buy" rating and set a $110.00 target price on the stock in a research note on Wednesday, July 12th. As per Friday, May 27, the company rating was maintained by Deutsche Bank. Segall Bryant & Hamill Limited Liability has invested 0.83% in Northern Trust Corporation (NASDAQ:NTRS). As per Friday, September 15, the company rating was maintained by Jefferies.

Northern Trust Corporation declared that its Board of Directors has initiated a share repurchase program on Wednesday, June 28th that allows the company to buyback $750.00 million in outstanding shares. FMR LLC increased its holdings in shares of Northern Trust Corporation by 38.4% in the first quarter. RBC Capital Markets has "Outperform" rating and $75 target. Northern Trust Corporation has a 12-month low of $66.40 and a 12-month high of $99.30. Northern Trust Corp now has $20.49 billion valuation. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals across the world. It has a 20.12 P/E ratio. The Company's divisions include Corporate & Institutional Services, Wealth Management, and Treasury and Other. The asset manager reported $1.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.23 by ($0.05). Its up 0.34, from 0.83 in 2016Q3. It fall, as 43 investors sold Northern Trust Corporation shares while 197 reduced holdings. 69 funds opened positions while 142 raised stakes. In the last earnings report the EPS was $4.41 and is projected to be $4.72 for the current year with 228,485,000 shares now outstanding. Morgan Stanley owns 75 shares. Guardian Life Insurance Of America, a New York-based fund reported 815 shares. Glenmede Tru Na has 405,004 shares. Srb Corp invested in 2,091 shares. Balasa Dinverno Foltz Limited Co, a Illinois-based fund reported 5,216 shares. (NASDAQ:NTRS) traded down 0.57% during mid-day trading on Tuesday, reaching $89.62. Wells Fargo And Mn stated it has 1.75 million shares. Northern Trust Corporation (NASDAQ:NTRS) is 0.79% above its 200-day moving average, providing a measure of resistance for long positions.

Shares of Northern Trust Corporation (NTRS) opened at 87.96 on Friday. ETRADE Capital Management LLC's holdings in Northern Trust Corporation were worth $2,535,000 as of its most recent SEC filing. Northern Trust Corporation's dividend payout ratio is now 38.18%. Bessemer Group Inc. now owns 1,461 shares of the asset manager's stock worth $143,000 after purchasing an additional 211 shares during the last quarter. FMR grew its stake in Northern Trust Corporation by 38.4% during the Q1.



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