Northern Trust Co. (NTRS) COO Jana R. Schreuder Sells 2,600 Shares of Stock
Northern Trust Co. (NASDAQ:NTRS) COO Jana R. Schreuder sold 2,600 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $99.02, for a total value of $257,452.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Jana R. Schreuder also recently made the following trade(s):
- On Monday, December 4th, Jana R. Schreuder sold 18,489 shares of Northern Trust stock. The shares were sold at an average price of $99.20, for a total value of $1,834,108.80.
- On Monday, September 11th, Jana R. Schreuder sold 5,581 shares of Northern Trust stock. The shares were sold at an average price of $90.00, for a total value of $502,290.00.
Shares of Northern Trust Co. (NTRS) opened at $98.95 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.71 and a current ratio of 0.71. The firm has a market cap of $22,209.95, a PE ratio of 21.32, a PEG ratio of 2.16 and a beta of 0.96. Northern Trust Co. has a 1-year low of $81.92 and a 1-year high of $99.66.
Northern Trust (NASDAQ:NTRS) last posted its earnings results on Wednesday, October 18th. The asset manager reported $1.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.08. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.35 billion. Northern Trust had a net margin of 20.27% and a return on equity of 12.33%. Northern Trust’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.11 earnings per share. research analysts predict that Northern Trust Co. will post 4.68 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Friday, December 1st will be issued a dividend of $0.42 per share. The ex-dividend date is Thursday, November 30th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.70%. Northern Trust’s dividend payout ratio is currently 37.17%.
A number of brokerages have recently issued reports on NTRS. BidaskClub raised Northern Trust from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research cut Northern Trust from a “hold” rating to a “sell” rating in a research note on Monday, August 28th. Wells Fargo & Company began coverage on Northern Trust in a research note on Wednesday, August 9th. They set a “market perform” rating and a $90.00 price objective on the stock. Buckingham Research raised their price objective on Northern Trust from $95.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, October 19th. Finally, UBS raised their price objective on Northern Trust from $100.00 to $109.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $97.07.
Institutional investors have recently bought and sold shares of the company. Salem Investment Counselors Inc. boosted its holdings in shares of Northern Trust by 8.3% during the second quarter. Salem Investment Counselors Inc. now owns 1,083 shares of the asset manager’s stock worth $105,000 after purchasing an additional 83 shares during the period. Dupont Capital Management Corp purchased a new stake in shares of Northern Trust during the second quarter worth about $107,000. Bessemer Group Inc. boosted its holdings in shares of Northern Trust by 16.9% during the second quarter. Bessemer Group Inc. now owns 1,461 shares of the asset manager’s stock worth $143,000 after purchasing an additional 211 shares during the period. MPS Loria Financial Planners LLC purchased a new stake in shares of Northern Trust during the second quarter worth about $134,000. Finally, Sun Life Financial INC boosted its holdings in shares of Northern Trust by 15,740.0% during the second quarter. Sun Life Financial INC now owns 1,584 shares of the asset manager’s stock worth $154,000 after purchasing an additional 1,574 shares during the period. Institutional investors own 81.75% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Northern Trust Co. (NTRS) COO Jana R. Schreuder Sells 2,600 Shares of Stock” was originally posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://theolympiareport.com/2017/12/05/northern-trust-co-ntrs-coo-jana-r-schreuder-sells-2600-shares-of-stock.html.
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.
Receive News & Ratings for Northern Trust Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Trust Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.