Northern Trust Corp. Announces 16% Advance In Q3 Earnings

07/10/2017 - Northern Trust Corporation had its "neutral" rating reiterated by analysts at Buckingham Research.

05/26/2017 - Northern Trust Corporation had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. Morgan Stanley reissued an "underweight" rating and issued a $86.00 price objective (up previously from $80.00) on shares of Northern Trust Corporation in a research note on Friday, July 7th. A rating of 1 or 2 would represent a Buy, and a 3 rating would signify a Hold on the stock. According to First Call, the current consensus target price on shares is sitting at $95.66. At current stock price levels, we have noted that NTRS's stock price is separated -8.26% from the 52 week high and 31.15% off of the 52 week low. Raymond James upgraded Northern Trust Corporation (NASDAQ:NTRS) on Tuesday, October 13 to "Strong Buy" rating. The stock has a market capitalization of $21.33 billion, a PE ratio of 21.19 and a beta of 0.93. Despite the cheap price tag, let's take a closer look at the recent performance and where the price is situated in comparison to its averages.

Northern Trust Corporation (NASDAQ:NTRS) last released its earnings results on Wednesday, July 19th. The asset manager reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.08.

Northern Trust Corporation had its "neutral" rating reiterated by analysts at Citigroup. (NTRS) reported a profit for its third quarter that advanced compared to the same period a year ago. Northern Trust Corporation's quarterly revenue was up 11.2% compared to the same quarter previous year. For the past month, shares are 2.89%.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of USA & global trademark and copyright laws. YTD information is useful for analyzing business trends or comparing performance data, and the acronym often modifies concepts such as investment returns, earnings and net pay.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 1st. About 1,971 shares traded.

04/20/2016 - Northern Trust Corporation was downgraded to "hold" by analysts at Sandler O'Neill. Insiders have sold a total of 166,094 shares of company stock worth $15,115,309 over the last quarter. On the flip side, the stock is -3.27% away from the 52 week high. A rating of 4 or 5 would represent a Sell recommendation.

In other news, insider Teresa Parker sold 11,399 shares of the business's stock in a transaction that occurred on Friday, July 21st. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Analysts have also given a consensus recommendation on the stock of 2.60. At the time of writing, the stock had reached $96.05. The disclosure for this sale can be found here. (NYSE:DKS) traded down -0.72% in the last session while performance was up 24.67% in the last five days.

Institutional investors have recently added to or reduced their stakes in the company. Peak6 Investments Limited Partnership holds 0% of its portfolio in MiMedx Group Inc (NASDAQ:MDXG) for 14,676 shares. Salem Investment Counselors Inc. now owns 1,083 shares of the asset manager's stock worth $105,000 after purchasing an additional 83 shares during the last quarter. Forte Ltd Liability Corp Adv has invested 0.19% in Northern Trust Corporation (NASDAQ:NTRS). Huntington National Bank now owns 1,089 shares of the asset manager's stock worth $106,000 after purchasing an additional 382 shares during the last quarter. The value of the total investment in Northern Trust Corporation went from $0 to $27,000 a change of inf% since the last quarter. The total value of its holdings increased 0.9%. 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. Moreover, British Columbia Inv Management has 0.09% invested in Northern Trust Corporation (NASDAQ:NTRS) for 113,097 shares. Cetera Advsrs Ltd Liability Corporation invested 0.01% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals across the world. The Company's Regenerative Biomaterials segment includes the design, manufacture, and marketing of products and tissue processing services for the Wound Care, Surgical, Sports Medicine, Ophthalmic and Dental market categories.

Like this


19 October 2017
PineView Asset Management LP Sells 174996 Shares of CenturyLink, Inc. (NYSE:CTL)
CenturyLink , Inc. (NYSE:CTL) touched its 1-Year High price of $33.45 on 10/27/16 and its 1-Year Low price of $18.17 on 09/18/17. TRADEMARK VIOLATION NOTICE: This story was first published by TrueBlueTribune and is the sole property of of TrueBlueTribune.

19 October 2017
DC Universe Series 'Titans' Finds Its Beast Boy
Titans is a dramatic, live-action adventure series that will explore and celebrate one of the most popular comic book teams ever. Titans has just cast its Beast Boy and fans will be happy to know that Ryan Potter will be portraying Garfield "Gar" Logan.

19 October 2017
Lawbreakers All-Star Update Revealed; Adds Leagues, New Maps, and More
The latter is an edgy redesign of the pre-existing Redfalls map, set at night and lit by the titular Blood Moon. The update also brings a bunch of balance changes, multiple region queueing, improved tutorials, and more.

19 October 2017
Justin Rose: Golf 'not desperate' for Woods comeback
But the videos show full shots, and Woods clearly felt good enough about his progress to post them. Then on Sunday, Woods posted another video - in a red shirt, no less - hitting a driver.

19 October 2017
Recreational Marijuana Could be Reducing Opioid Deaths
Colorado Amendment 64 legalized recreational cannabis products for adults 21 and over and the measure was passed on November 6, 2012.

19 October 2017
Hugo Lloris Pulls Off Wonder Save For Spurs
TWITTER opened both barrels on Karim Benzema's performance last night as he missed the chance to help Real Madrid beat Tottenham. Madrid came quick of the blocks in the game and they really should have taken the lead in the fourth minute of the game.

19 October 2017
American Express earnings: $1.50 per share vs $1.48 EPS expected
Chenault suffered a personal loss with the unexpected death in 2015 of his would-be successor, AmEx President Ed Gilligan. Analyst had previously forecast full-year earnings per share of $5.74, according to a Thomson Reuters consensus estimate.

19 October 2017
Bank of New York Mellon Corp Raises Stake in Ignyta, Inc. (RXDX)
The Company is pursuing an integrated therapeutic (Rx) and companion diagnostic (Dx) strategy for treating cancer patients. The stock witnessed 17.14% gains, 55.98% gains and 70.83% gains for the 1-month, 3-month and 6-month period, respectively.

19 October 2017
Dimensional Fund Advisors LP Sells 209157 Shares of RSP Permian, Inc. (RSPP)
The fund owned 2,346,837 shares of the oil and natural gas company's stock after selling 209,157 shares during the quarter. The business had revenue of $183.10 million during the quarter, compared to analyst estimates of $185.01 million.

19 October 2017
PACCAR (NASDAQ:PCAR) Given News Sentiment Score of 0.21
ValuEngine cut shares of PACCAR from a buy rating to a hold rating in a research report on Tuesday, October 10th. Renaissance Technologies LLC purchased a new stake in PACCAR in the 2nd quarter valued at about $82,298,000.