$1.29 EPS Expected for Northern Trust Corporation (NTRS)

January 16, 2018 - By Vivian Park

 $1.29 EPS Expected for Northern Trust Corporation (NTRS)
Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.20, from 1.17 in 2017Q2. It turned negative, as 43 investors sold Northern Trust Corporation shares while 183 reduced holdings. 65 funds opened positions while 154 raised stakes. 183.65 million shares or 1.21% less from 185.90 million shares in 2017Q2 were reported.
Engineers Gate Manager L P reported 0.1% in Northern Trust Corporation (NASDAQ:NTRS). Gabelli Funds Ltd Llc reported 0.06% in Northern Trust Corporation (NASDAQ:NTRS). Robeco Institutional Asset Mngmt Bv reported 0% stake. Maltese Capital Ltd Liability accumulated 0.35% or 45,000 shares. Kanawha Cap Mgmt Ltd Liability holds 1.21% or 86,380 shares. Pictet Asset Mngmt Limited holds 0.03% or 117,152 shares in its portfolio. Fifth Third Bancshares owns 13,830 shares. Sector Pension Invest Board holds 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 11,283 shares. 2,965 were accumulated by Carnegie Cap Asset Limited Liability Company. Tower Research Capital (Trc) accumulated 1,655 shares or 0.01% of the stock. Mackenzie Financial Corp reported 295,358 shares. Price T Rowe Associates Md holds 0.1% in Northern Trust Corporation (NASDAQ:NTRS) or 6.44M shares. Parkside Savings Bank & reported 0.05% stake. Nuance Ltd Liability Corporation invested in 674,933 shares or 4.3% of the stock. Hexavest holds 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 1,832 shares.

Since August 7, 2017, it had 0 buys, and 13 selling transactions for $32.91 million activity. 1,000 shares valued at $90,000 were sold by Blake Aileen B on Monday, August 28. 7,665 shares were sold by St Clair Joyce, worth $728,175 on Wednesday, October 18. Schreuder Jana R also sold $502,290 worth of Northern Trust Corporation (NASDAQ:NTRS) shares. 100,000 Northern Trust Corporation (NASDAQ:NTRS) shares with value of $9.20M were sold by WADDELL FREDERICK H. Shares for $1.04 million were sold by MORRISON WILLIAM L. Another trade for 8,000 shares valued at $736,000 was sold by Parker Teresa.

Analysts expect Northern Trust Corporation (NASDAQ:NTRS) to report $1.29 EPS on January, 17.They anticipate $0.18 EPS change or 16.22 % from last quarter’s $1.11 EPS. NTRS’s profit would be $293.37 million giving it 20.79 P/E if the $1.29 EPS is correct. After having $1.20 EPS previously, Northern Trust Corporation’s analysts see 7.50 % EPS growth. The stock increased 1.24% or $1.31 during the last trading session, reaching $107.26. About 1.11 million shares traded or 5.31% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since January 16, 2017 and is uptrending. It has outperformed by 5.75% the S&P500.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 16 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Northern Trust Corporation has $119.0 highest and $62 lowest target. $99.75’s average target is -7.00% below currents $107.26 stock price. Northern Trust Corporation had 61 analyst reports since August 6, 2015 according to SRatingsIntel. Morgan Stanley maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Thursday, July 20. Morgan Stanley has “Underweight” rating and $83 target. The firm has “Buy” rating by Bank of America given on Thursday, October 19. Citigroup downgraded the stock to “Sell” rating in Wednesday, April 20 report. The rating was upgraded by Sandler O’Neill to “Buy” on Friday, January 22. Citigroup maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Wednesday, September 2. Citigroup has “Neutral” rating and $74 target. As per Monday, August 24, the company rating was downgraded by Zacks. RBC Capital Markets maintained Northern Trust Corporation (NASDAQ:NTRS) on Wednesday, June 28 with “Buy” rating. Bank of America maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Friday, May 26. Bank of America has “Buy” rating and $98 target. The firm has “Hold” rating given on Tuesday, January 2 by Barclays Capital. The firm earned “Equal Weight” rating on Tuesday, January 3 by Barclays Capital.

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 $24.39 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 23.72 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.

More recent Northern Trust Corporation (NASDAQ:NTRS) news were published by: Businesswire.com which released: “Northern Trust Corporation to Webcast Fourth Quarter 2017 Earnings Conference Call” on December 20, 2017. Also Businesswire.com published the news titled: “Northern Trust to Acquire Technology and Software Development Resources from …” on January 11, 2018. Nasdaq.com‘s news article titled: “Northern Trust to Acquire Citadel’s Technology Platform” with publication date: January 12, 2018 was also an interesting one.

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