Northern Trust Corp. (NASDAQ:NTRS) COO Jana R. Schreuder sold 36,681 shares of the company’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $73.08, for a total transaction of $2,680,647.48. Following the completion of the transaction, the chief operating officer now directly owns 61,631 shares in the company, valued at approximately $4,503,993.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jana R. Schreuder also recently made the following trade(s):

  • On Thursday, November 3rd, Jana R. Schreuder sold 3,319 shares of Northern Trust Corp. stock. The stock was sold at an average price of $73.01, for a total transaction of $242,320.19.

Northern Trust Corp. (NASDAQ:NTRS) opened at 79.88 on Monday. Northern Trust Corp. has a 52 week low of $54.38 and a 52 week high of $80.01. The firm has a 50-day moving average of $71.45 and a 200 day moving average of $69.66. The stock has a market capitalization of $18.09 billion, a price-to-earnings ratio of 19.03 and a beta of 1.02.

Northern Trust Corp. (NASDAQ:NTRS) last released its quarterly earnings data on Wednesday, October 19th. The company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.09 by $0.01. The firm earned $1.22 billion during the quarter, compared to analyst estimates of $1.25 billion. Northern Trust Corp. had a net margin of 19.58% and a return on equity of 11.55%. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.96 earnings per share. On average, analysts anticipate that Northern Trust Corp. will post $4.28 EPS for the current year.

Insider Buying and Selling by Quarter for Northern Trust Corp. (NASDAQ:NTRS)

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, January 1st. Stockholders of record on Friday, December 2nd will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Wednesday, November 30th. Northern Trust Corp.’s dividend payout ratio is currently 36.45%.

Several analysts have recently issued reports on NTRS shares. Zacks Investment Research raised shares of Northern Trust Corp. from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a research report on Wednesday, October 5th. Deutsche Bank AG increased their price target on shares of Northern Trust Corp. from $75.00 to $76.00 and gave the stock a “hold” rating in a research report on Friday, September 9th. Jefferies Group reissued a “hold” rating and set a $71.00 price target (up previously from $68.00) on shares of Northern Trust Corp. in a research report on Sunday, July 24th. Credit Suisse Group AG set a $68.00 price target on shares of Northern Trust Corp. and gave the stock a “hold” rating in a research report on Wednesday, July 20th. Finally, Credit Agricole SA increased their price target on shares of Northern Trust Corp. from $70.00 to $73.00 and gave the stock an “underperform” rating in a research report on Friday, September 23rd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a strong buy rating to the stock. Northern Trust Corp. presently has an average rating of “Hold” and a consensus target price of $72.35.

Institutional investors have recently added to or reduced their stakes in the stock. Pictet Asset Management Ltd. raised its position in Northern Trust Corp. by 1.3% in the first quarter. Pictet Asset Management Ltd. now owns 117,352 shares of the company’s stock valued at $6,968,000 after buying an additional 1,500 shares in the last quarter. Geode Capital Management LLC raised its position in Northern Trust Corp. by 1.7% in the first quarter. Geode Capital Management LLC now owns 1,857,786 shares of the company’s stock valued at $120,841,000 after buying an additional 30,213 shares in the last quarter. National Pension Service raised its position in Northern Trust Corp. by 4.4% in the first quarter. National Pension Service now owns 138,460 shares of the company’s stock valued at $9,023,000 after buying an additional 5,884 shares in the last quarter. Legal & General Group Plc raised its position in Northern Trust Corp. by 1.8% in the first quarter. Legal & General Group Plc now owns 1,009,151 shares of the company’s stock valued at $65,769,000 after buying an additional 17,809 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Northern Trust Corp. by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 36,283 shares of the company’s stock valued at $2,365,000 after buying an additional 1,324 shares in the last quarter. 81.72% of the stock is currently owned by institutional investors and hedge funds.

About Northern Trust Corp.

Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Company’s segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other.

5 Day Chart for NASDAQ:NTRS

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