News headlines about Northern Trust (NASDAQ:NTRS) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Northern Trust earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 46.5705999195174 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern’s analysis:
Several research firms have commented on NTRS. Sandler O’Neill reaffirmed a “hold” rating and set a $108.00 price objective on shares of Northern Trust in a research note on Monday. Deutsche Bank upped their price objective on Northern Trust from $109.00 to $111.00 and gave the company a “hold” rating in a research note on Friday. Jefferies Group reaffirmed a “buy” rating and set a $122.00 price objective on shares of Northern Trust in a research note on Friday. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $108.00 price objective on shares of Northern Trust in a research note on Thursday. Finally, Goldman Sachs raised Northern Trust from a “neutral” rating to a “buy” rating and set a $121.00 price objective for the company in a research note on Monday, April 2nd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $109.44.
Shares of NTRS stock traded up $0.86 during trading hours on Monday, reaching $102.03. 1,291,254 shares of the company’s stock were exchanged, compared to its average volume of 1,208,265. The company has a market cap of $22,822.11, a price-to-earnings ratio of 21.12, a price-to-earnings-growth ratio of 1.33 and a beta of 0.95. Northern Trust has a 1 year low of $84.93 and a 1 year high of $110.81. 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 (NASDAQ:NTRS) last issued its earnings results on Wednesday, January 24th. The asset manager reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.05. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. Northern Trust had a return on equity of 12.77% and a net margin of 20.98%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.11 EPS. equities analysts forecast that Northern Trust will post 6.12 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Sunday, April 1st. Stockholders of record on Friday, March 9th were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date was Thursday, March 8th. Northern Trust’s dividend payout ratio (DPR) is 34.78%.
In other Northern Trust news, Director Dean M. Harrison bought 1,000 shares of the business’s stock in a transaction dated Saturday, December 15th. The stock was acquired at an average cost of $72.98 per share, with a total value of $72,980.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Wilson Leech sold 8,958 shares of the stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $106.17, for a total value of $951,070.86. The disclosure for this sale can be found here. Over the last three months, insiders have sold 189,459 shares of company stock valued at $20,188,431. Company insiders own 1.04% of the company’s stock.
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Northern Trust Company Profile
Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates through Corporate & Institutional Services (C&IS) and Wealth Management segments.
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