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.

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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.

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

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