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

September 17, 2017 - By Jacob Falcon

 EPS for Northern Trust Corporation (NTRS) Expected At $1.15
Investors sentiment decreased to 0.88 in Q4 2016. Its down 0.16, from 1.04 in 2016Q3. It turned negative, as 43 investors sold Northern Trust Corporation shares while 197 reduced holdings. 69 funds opened positions while 142 raised stakes. 187.91 million shares or 4.65% more from 179.57 million shares in 2016Q3 were reported.
Tiverton Asset Mngmt Ltd Limited Liability Company reported 33,443 shares or 0.18% of all its holdings. Macquarie Gru Limited owns 0% invested in Northern Trust Corporation (NASDAQ:NTRS) for 2,300 shares. First City Cap has invested 0.81% in Northern Trust Corporation (NASDAQ:NTRS). Jacobus Wealth has invested 0.48% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Palisade Asset Ltd Liability stated it has 0.1% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Mutual Of America Mgmt Ltd Llc has invested 0.09% in Northern Trust Corporation (NASDAQ:NTRS). Hexavest owns 1,832 shares. Segantii Cap Management Ltd holds 1.22% or 50,000 shares. North Star Investment Mngmt owns 12,667 shares. Oakbrook Invests Limited Liability reported 18,750 shares. Moreover, Lazard Asset Ltd Co has 0% invested in Northern Trust Corporation (NASDAQ:NTRS) for 1,500 shares. Dearborn Prtn Lc accumulated 0.44% or 58,713 shares. Reinhart Prns invested in 2.14% or 261,890 shares. Commonwealth Of Pennsylvania School Empls Retrmt owns 12,201 shares or 0.02% of their US portfolio. Umb Bankshares N A Mo, a Missouri-based fund reported 21,432 shares.

Since May 5, 2017, it had 0 insider purchases, and 5 sales for $26.84 million activity. $1.31 million worth of Northern Trust Corporation (NASDAQ:NTRS) was sold by FRADKIN STEVEN L. Shares for $18.63 million were sold by WADDELL FREDERICK H. Pembleton Susan Gillian sold 9,793 shares worth $864,624.

Investors wait Northern Trust Corporation (NASDAQ:NTRS) to report on October, 18. its quarterly earnings Wall Street analysts expect $1.15 earnings per share, up $0.07 or 6.48 % from last year’s $1.08 same quarter earnings. This translates into $262.79M profit for NTRS giving the stock a 19.12 P/E. This is assuming the current $1.15 EPS is accurate. Northern Trust Corporation’s Wall Street analysts see -2.54 % negative EPS growth, taking into account the $1.18 EPS reproted in the previous quarter, The stock increased 0.17% or $0.15 on September 15, reaching $87.96. About 1.34 million shares traded or 10.74% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since September 17, 2016 and is uptrending. It has outperformed by 5.75% the S&P500.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 13 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 5 have Buy rating, 1 Sell and 7 Hold. Therefore 38% are positive. Northern Trust Corporation had 45 analyst reports since August 6, 2015 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Thursday, July 20 report. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, January 3 report. Jefferies maintained the stock with “Buy” rating in Monday, June 19 report. Deutsche Bank maintained the shares of NTRS in report on Thursday, June 16 with “Hold” rating. Deutsche Bank maintained it with “Hold” rating and $76 target in Wednesday, October 5 report. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Buy” rating by Bank of America on Friday, May 26. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Buy” rating given on Monday, July 10 by Jefferies. Keefe Bruyette & Woods maintained it with “Hold” rating and $9500 target in Friday, May 26 report. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Hold” rating by Jefferies on Monday, July 11. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, June 28.

Northern Trust Corporation is a financial holding company. The company has market cap of $20.10 billion. The Firm provides asset servicing, fund administration, asset management, fiduciary and banking solutions for firms, institutions, families and individuals across the world. It has a 19.98 P/E ratio. The Company’s divisions include Corporate & Institutional Services , Wealth Management, and Treasury and Other.

More notable recent Northern Trust Corporation (NASDAQ:NTRS) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Northern Trust, Washington Prime Group and Cathay …” on August 28, 2017, also Nasdaq.com with their article: “Northern Trust Corporation (NTRS) Ex-Dividend Date Scheduled for August 30, 2017” published on August 29, 2017, Nasdaq.com published: “First Week of April 2018 Options Trading For Northern Trust (NTRS)” on September 07, 2017. More interesting news about Northern Trust Corporation (NASDAQ:NTRS) were released by: Businesswire.com and their article: “Northern Trust’s Five-Year Investment Outlook: Amid Steady Global Growth …” published on September 13, 2017 as well as Nasdaq.com‘s news article titled: “Northern Trust (NTRS) Struggles With Mounting Expenses” with publication date: August 23, 2017.

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