Northern Trust Corp. (NASDAQ:NTRS) EVP Jeffrey D. Cohodes sold 15,000 shares of the business’s stock in a transaction on Thursday, November 10th. The stock was sold at an average price of $77.90, for a total transaction of $1,168,500.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Jeffrey D. Cohodes also recently made the following trade(s):

  • On Monday, November 14th, Jeffrey D. Cohodes sold 6,000 shares of Northern Trust Corp. stock. The stock was sold at an average price of $80.91, for a total transaction of $485,460.00.
  • On Monday, October 10th, Jeffrey D. Cohodes sold 7,616 shares of Northern Trust Corp. stock. The stock was sold at an average price of $72.35, for a total transaction of $551,017.60.
  • On Thursday, September 1st, Jeffrey D. Cohodes sold 10,000 shares of Northern Trust Corp. stock. The stock was sold at an average price of $71.35, for a total transaction of $713,500.00.
  • On Thursday, August 18th, Jeffrey D. Cohodes sold 10,000 shares of Northern Trust Corp. stock. The stock was sold at an average price of $68.51, for a total transaction of $685,100.00.
  • On Wednesday, August 17th, Jeffrey D. Cohodes sold 14,365 shares of Northern Trust Corp. stock. The stock was sold at an average price of $68.00, for a total transaction of $976,820.00.

Northern Trust Corp. (NASDAQ:NTRS) opened at 82.82 on Tuesday. Northern Trust Corp. has a 12-month low of $54.38 and a 12-month high of $82.91. The stock has a market capitalization of $18.75 billion, a PE ratio of 19.73 and a beta of 1.02. The company’s 50-day moving average is $71.82 and its 200 day moving average is $69.70.

Northern Trust Corp. (NASDAQ:NTRS) last announced its quarterly earnings data on Wednesday, October 19th. The company reported $1.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by $0.01. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.25 billion. Northern Trust Corp. had a return on equity of 11.55% and a net margin of 19.58%. Northern Trust Corp.’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.96 earnings per share. On average, analysts predict 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 business also recently disclosed a quarterly dividend, which will be paid on Sunday, January 1st. Shareholders of record on Friday, December 2nd will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, November 30th. Northern Trust Corp.’s dividend payout ratio is currently 36.45%.

A number of brokerages recently commented on NTRS. Zacks Investment Research downgraded shares of Northern Trust Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, November 9th. Jefferies Group reissued a “hold” rating and issued a $77.00 price target on shares of Northern Trust Corp. in a research report on Monday, October 10th. Deutsche Bank AG boosted their price target on shares of Northern Trust Corp. from $75.00 to $76.00 and gave the company a “hold” rating in a research report on Friday, September 9th. Credit Agricole SA boosted their price target on shares of Northern Trust Corp. from $70.00 to $73.00 and gave the company an “underperform” rating in a research report on Friday, September 23rd. Finally, Credit Suisse Group AG set a $68.00 price target on shares of Northern Trust Corp. and gave the company a “hold” rating in a research report on Wednesday, July 20th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has issued a strong buy rating to the stock. Northern Trust Corp. currently has an average rating of “Hold” and a consensus target price of $72.35.

A number of hedge funds and other institutional investors have recently made changes to their positions in NTRS. West Oak Capital LLC raised its position in shares of Northern Trust Corp. by 0.4% in the second quarter. West Oak Capital LLC now owns 17,315 shares of the company’s stock valued at $1,147,000 after buying an additional 65 shares in the last quarter. BlueMountain Capital Management LLC bought a new position in shares of Northern Trust Corp. during the first quarter valued at $254,000. Lowe Brockenbrough & Co. Inc. bought a new position in shares of Northern Trust Corp. during the first quarter valued at $595,000. Arizona State Retirement System raised its position in shares of Northern Trust Corp. by 1.6% in the first quarter. Arizona State Retirement System now owns 58,404 shares of the company’s stock valued at $3,806,000 after buying an additional 900 shares in the last quarter. Finally, Endeavour Capital Advisors Inc. raised its position in shares of Northern Trust Corp. by 44.0% in the first quarter. Endeavour Capital Advisors Inc. now owns 450,274 shares of the company’s stock valued at $29,344,000 after buying an additional 137,659 shares in the last quarter. 82.48% of the stock is owned by institutional investors.

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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