Media headlines about Northern Trust (NASDAQ:NTRS) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northern Trust earned a news impact score of 0.23 on Accern’s scale. Accern also assigned press coverage about the asset manager an impact score of 44.6212715123549 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Anticipate Northern Trust Co. (NTRS) to Announce $1.39 Earnings Per Share (americanbankingnews.com)
- Northern Trust Co. (NTRS) EVP Robert P. Browne Sells 6,000 Shares (americanbankingnews.com)
- MOVES-Aviva Investors names new client solutions director (finance.yahoo.com)
- US stocks soar on strong jobs report; inflation fears ease (finance.yahoo.com)
- National Trust And National Archives Create Immersive Suffragette Experience In Piccadilly (broadwayworld.com)
Northern Trust (NASDAQ:NTRS) traded down $1.19 on Monday, reaching $109.51. The company had a trading volume of 1,368,707 shares, compared to its average volume of 1,252,554. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.35. Northern Trust has a fifty-two week low of $83.17 and a fifty-two week high of $110.81. The company has a market cap of $24,900.00, a price-to-earnings ratio of 23.35, a price-to-earnings-growth ratio of 1.45 and a beta of 0.94.
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, April 1st. Stockholders of record on Friday, March 9th will be given a $0.42 dividend. The ex-dividend date is Thursday, March 8th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.53%. Northern Trust’s dividend payout ratio is currently 35.82%.
A number of equities analysts recently weighed in on NTRS shares. Credit Suisse Group raised their price objective on Northern Trust from $99.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, January 25th. Morgan Stanley raised their price objective on Northern Trust from $104.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 2nd. BidaskClub upgraded Northern Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 23rd. Bank of America raised their price target on Northern Trust from $112.00 to $116.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $110.00 price target on shares of Northern Trust in a research report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. Northern Trust presently has an average rating of “Hold” and a consensus target price of $104.81.
In other news, EVP Aileen B. Blake sold 3,000 shares of Northern Trust stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $105.32, for a total value of $315,960.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Vice Chairman William L. Morrison sold 46,053 shares of Northern Trust stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $109.18, for a total value of $5,028,066.54. The disclosure for this sale can be found here. Over the last quarter, insiders sold 184,650 shares of company stock worth $19,659,480. Corporate insiders own 1.04% of the company’s stock.
About Northern Trust
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 across the world. Its segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other.
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