Analysts See $1.62 EPS for Northern Trust Corporation (NTRS)

June 14, 2018 - By Gloria Calhoun

Northern Trust Corporation (NASDAQ:NTRS) LogoInvestors sentiment decreased to 0.82 in 2018 Q1. Its down 0.21, from 1.03 in 2017Q4. It dived, as 26 investors sold Northern Trust Corporation shares while 219 reduced holdings. 56 funds opened positions while 146 raised stakes. 172.98 million shares or 1.48% less from 175.58 million shares in 2017Q4 were reported.
Marshall Wace Llp holds 0.68% or 160,023 shares in its portfolio. First Interstate Fincl Bank has 0.1% invested in Northern Trust Corporation (NASDAQ:NTRS). Cortland Advisers Llc owns 436,122 shares. Commercial Bank Of America De owns 913,734 shares or 0.02% of their US portfolio. Timber Hill accumulated 17,072 shares or 0.27% of the stock. Aperio Group Ltd, a California-based fund reported 125,349 shares. Nomura Hldgs holds 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 35,102 shares. Millennium Mgmt Limited Liability Com reported 0.08% in Northern Trust Corporation (NASDAQ:NTRS). Confluence Inv Limited Liability accumulated 1.20M shares. Canada Pension Plan Board invested in 0.06% or 355,740 shares. Lateef Management Lp holds 3,668 shares. Umb Bancorp N A Mo holds 22,393 shares. Clark Cap Mgmt Grp Inc invested 0.01% in Northern Trust Corporation (NASDAQ:NTRS). 4.19M are owned by American Century. Macquarie Gp holds 0% or 5,200 shares.

Since January 26, 2018, it had 0 insider buys, and 19 insider sales for $24.19 million activity. $749,722 worth of Northern Trust Corporation (NASDAQ:NTRS) shares were sold by Potter Stephen N. 8,958 shares were sold by Leech Wilson, worth $951,063. Another trade for 13,811 shares valued at $1.50M was sold by Bowman Biff. MORRISON WILLIAM L sold 20,000 shares worth $2.10M. $1.18 million worth of Northern Trust Corporation (NASDAQ:NTRS) shares were sold by Cohodes Jeffrey D.. BROWNE ROBERT P sold 6,000 shares worth $640,740.

Analysts expect Northern Trust Corporation (NASDAQ:NTRS) to report $1.62 EPS on July, 18.They anticipate $0.44 EPS change or 37.29 % from last quarter’s $1.18 EPS. NTRS’s profit would be $364.49 million giving it 16.50 P/E if the $1.62 EPS is correct. After having $1.61 EPS previously, Northern Trust Corporation’s analysts see 0.62 % EPS growth. The stock increased 0.62% or $0.66 during the last trading session, reaching $106.95. About 1.40 million shares traded or 33.99% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 20.76% since June 15, 2017 and is uptrending. It has outperformed by 8.19% the S&P500.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 12 analysts covering Northern Trust (NASDAQ:NTRS), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Northern Trust had 20 analyst reports since December 20, 2017 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, April 5 with “Buy”. On Tuesday, January 9 the stock rating was maintained by Sandler O’Neill with “Hold”. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, April 17. Morgan Stanley maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Thursday, January 25. Morgan Stanley has “Underweight” rating and $104 target. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Wednesday, April 4 report. The company was maintained on Wednesday, December 20 by Wells Fargo. The firm earned “Hold” rating on Tuesday, April 17 by Keefe Bruyette & Woods. The firm has “Buy” rating by Bank of America given on Thursday, January 25. The rating was maintained by Barclays Capital on Tuesday, January 2 with “Hold”. As per Monday, April 2, the company rating was upgraded by Goldman Sachs.

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for firms, institutions, families, and individuals worldwide. The company has market cap of $24.06 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 21.74 P/E ratio. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment activities outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.

Another recent and important Northern Trust Corporation (NASDAQ:NTRS) news was published by Businesswire.com which published an article titled: “Northern Trust Hedge Fund Services Works with Donnelley Financial Solutions’ ArcReporting for Financial Statements” on June 13, 2018.

Northern Trust Corporation (NASDAQ:NTRS) Institutional Positions Chart

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