Northern Trust (NTRS) COO Jana R. Schreuder Sells 2,913 Shares

Northern Trust (NASDAQ:NTRS) COO Jana R. Schreuder sold 2,913 shares of the stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $107.38, for a total value of $312,797.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Jana R. Schreuder also recently made the following trade(s):

  • On Tuesday, April 24th, Jana R. Schreuder sold 2,627 shares of Northern Trust stock. The stock was sold at an average price of $108.08, for a total value of $283,926.16.
  • On Friday, March 9th, Jana R. Schreuder sold 4,807 shares of Northern Trust stock. The stock was sold at an average price of $110.00, for a total value of $528,770.00.
  • On Thursday, March 1st, Jana R. Schreuder sold 3,730 shares of Northern Trust stock. The stock was sold at an average price of $105.14, for a total value of $392,172.20.

Shares of NTRS stock traded up $0.28 on Wednesday, reaching $108.19. The company’s stock had a trading volume of 621,191 shares, compared to its average volume of 1,179,334. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.66 and a current ratio of 0.66. Northern Trust has a 12-month low of $107.49 and a 12-month high of $108.42. The company has a market capitalization of $24.44 billion, a PE ratio of 22.40, a price-to-earnings-growth ratio of 1.43 and a beta of 0.95.

Northern Trust (NASDAQ:NTRS) last issued its quarterly earnings data on Tuesday, April 17th. The asset manager reported $1.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.42 by $0.16. Northern Trust had a return on equity of 13.88% and a net margin of 21.84%. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the business posted $1.09 earnings per share. The firm’s revenue was up 14.8% compared to the same quarter last year. sell-side analysts forecast that Northern Trust will post 6.5 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, July 1st. Investors of record on Friday, June 8th will be given a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 7th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.55%. Northern Trust’s dividend payout ratio (DPR) is presently 34.78%.

Several research firms have issued reports on NTRS. Zacks Investment Research upgraded Northern Trust from a “hold” rating to a “strong-buy” rating and set a $122.00 target price on the stock in a research report on Friday, April 20th. Keefe, Bruyette & Woods restated a “hold” rating and set a $110.00 target price on shares of Northern Trust in a research report on Wednesday, April 18th. Credit Suisse Group increased their target price on Northern Trust from $103.00 to $107.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 18th. Royal Bank of Canada restated a “buy” rating on shares of Northern Trust in a research report on Wednesday, April 18th. Finally, Sandler O’Neill restated a “hold” rating and set a $108.00 target price on shares of Northern Trust in a research report on Monday, April 9th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Northern Trust presently has an average rating of “Hold” and a consensus target price of $110.75.

Several hedge funds have recently modified their holdings of the stock. Millennium Management LLC increased its stake in Northern Trust by 2,535.7% in the first quarter. Millennium Management LLC now owns 580,091 shares of the asset manager’s stock valued at $59,825,000 after acquiring an additional 558,082 shares during the last quarter. Verition Fund Management LLC bought a new position in Northern Trust in the first quarter valued at $921,000. Amundi Pioneer Asset Management Inc. increased its stake in Northern Trust by 6.9% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 508,380 shares of the asset manager’s stock valued at $52,430,000 after acquiring an additional 32,703 shares during the last quarter. Mariner LLC increased its stake in Northern Trust by 4.9% in the first quarter. Mariner LLC now owns 12,607 shares of the asset manager’s stock valued at $1,300,000 after acquiring an additional 588 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Northern Trust by 10.2% in the first quarter. LPL Financial LLC now owns 13,312 shares of the asset manager’s stock valued at $1,373,000 after acquiring an additional 1,229 shares during the last quarter. Institutional investors own 79.78% of the company’s stock.

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.

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

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