Northern Trust Corp. (NASDAQ:NTRS) COO Jana R. Schreuder sold 38,836 shares of Northern Trust Corp. stock in a transaction on Friday, November 11th. The shares were sold at an average price of $80.00, for a total transaction of $3,106,880.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 shares were sold at an average price of $73.01, for a total transaction of $242,320.19.

Shares of Northern Trust Corp. (NASDAQ:NTRS) opened at 82.97 on Wednesday. The company has a 50 day moving average of $72.25 and a 200 day moving average of $69.79. Northern Trust Corp. has a 52-week low of $54.38 and a 52-week high of $83.09. The stock has a market capitalization of $18.79 billion, a price-to-earnings ratio of 19.77 and a beta of 1.02.

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 Thomson Reuters’ consensus estimate of $1.09 by $0.01. Northern Trust Corp. had a return on equity of 11.55% and a net margin of 19.58%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the business earned $0.96 earnings per share. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. Analysts predict that Northern Trust Corp. will post $4.29 EPS for the current fiscal year.

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

The business also recently announced a quarterly dividend, which will be paid on Sunday, January 1st. Shareholders of record on Friday, December 2nd will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.83%. The ex-dividend date is Wednesday, November 30th. Northern Trust Corp.’s dividend payout ratio is presently 36.45%.

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Northern Trust Corp. by 1.5% in the second quarter. Vanguard Group Inc. now owns 12,804,278 shares of the company’s stock valued at $848,412,000 after buying an additional 187,195 shares in the last quarter. FMR LLC raised its stake in shares of Northern Trust Corp. by 13.8% in the second quarter. FMR LLC now owns 8,583,519 shares of the company’s stock valued at $568,744,000 after buying an additional 1,041,052 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Northern Trust Corp. by 8.9% in the third quarter. JPMorgan Chase & Co. now owns 8,427,802 shares of the company’s stock valued at $573,006,000 after buying an additional 688,812 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Northern Trust Corp. by 6.4% in the second quarter. American Century Companies Inc. now owns 7,702,813 shares of the company’s stock valued at $510,388,000 after buying an additional 462,106 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its stake in shares of Northern Trust Corp. by 1.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 5,489,309 shares of the company’s stock valued at $373,218,000 after buying an additional 68,344 shares in the last quarter. 82.48% of the stock is currently owned by hedge funds and other institutional investors.

NTRS has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Northern Trust Corp. from a “buy” rating to a “hold” rating in a report on Thursday, October 20th. Deutsche Bank AG set a $71.00 price objective on shares of Northern Trust Corp. and gave the company a “hold” rating in a research note on Friday, August 5th. Credit Agricole SA boosted their price objective on shares of Northern Trust Corp. from $70.00 to $73.00 and gave the company an “underperform” rating in a research note on Friday, September 23rd. Jefferies Group reissued a “hold” rating and issued a $77.00 price objective on shares of Northern Trust Corp. in a research note on Monday, October 10th. Finally, 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 research note on Wednesday, July 20th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $72.35.

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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