Northern Trust Corp. (NASDAQ:NTRS) insider Steven L. Fradkin sold 20,124 shares of the stock in a transaction dated Thursday, November 10th. The shares were sold at an average price of $77.95, for a total transaction of $1,568,665.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Northern Trust Corp. (NASDAQ:NTRS) opened at 79.88 on Monday. The stock has a market cap of $18.09 billion, a price-to-earnings ratio of 19.03 and a beta of 1.02. 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 price of $71.45 and a 200 day moving average price of $69.66.

Northern Trust Corp. (NASDAQ:NTRS) last announced its quarterly earnings data on Wednesday, October 19th. The company reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by $0.01. The company earned $1.22 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 EPS. Analysts expect that Northern Trust Corp. will post $4.28 earnings per share for the current year.

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

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

Several equities analysts have recently issued reports on NTRS shares. Zacks Investment Research upgraded shares of Northern Trust Corp. from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a report on Wednesday, October 5th. Jefferies Group restated a “hold” rating and set a $77.00 price objective on shares of Northern Trust Corp. in a report on Monday, October 10th. Credit Agricole SA upped their price objective on shares of Northern Trust Corp. from $70.00 to $73.00 and gave the company an “underperform” rating in a report on Friday, September 23rd. Credit Suisse Group AG set a $68.00 price objective on shares of Northern Trust Corp. and gave the company a “hold” rating in a report on Wednesday, July 20th. Finally, Deutsche Bank AG upped their price objective on shares of Northern Trust Corp. from $75.00 to $76.00 and gave the company a “hold” rating in a report on Friday, September 9th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has issued a strong buy rating to the company’s stock. Northern Trust Corp. currently has an average rating of “Hold” and an average target price of $72.35.

A number of large investors have recently bought and sold shares of the company. Financial Architects Inc boosted its stake in Northern Trust Corp. by 5,936.0% in the second quarter. Financial Architects Inc now owns 1,509 shares of the company’s stock valued at $100,000 after buying an additional 1,484 shares during the last quarter. Global X Management Co. LLC boosted its stake in Northern Trust Corp. by 30.8% in the second quarter. Global X Management Co. LLC now owns 1,545 shares of the company’s stock valued at $102,000 after buying an additional 364 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Northern Trust Corp. by 71.7% in the third quarter. Advisors Asset Management Inc. now owns 1,717 shares of the company’s stock valued at $117,000 after buying an additional 717 shares during the last quarter. Creative Planning boosted its stake in Northern Trust Corp. by 61.9% in the second quarter. Creative Planning now owns 1,755 shares of the company’s stock valued at $116,000 after buying an additional 671 shares during the last quarter. Finally, Investment Counselors of Maryland LLC boosted its stake in Northern Trust Corp. by 11.9% in the third quarter. Investment Counselors of Maryland LLC now owns 1,782 shares of the company’s stock valued at $121,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 81.72% of the company’s stock.

Northern Trust Corp. Company Profile

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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