Northern Trust Corporation (NTRS) Analysts See $1.15 EPS

September 17, 2017 - By Vivian Park

 Northern Trust Corporation (NTRS) Analysts See $1.15 EPS
Investors sentiment decreased to 0.88 in 2016 Q4. Its down 0.16, from 1.04 in 2016Q3. It worsened, as 43 investors sold Northern Trust Corporation shares while 197 reduced holdings. 69 funds opened positions while 142 raised stakes. 187.91 million shares or 4.65% more from 179.57 million shares in 2016Q3 were reported.
Fil holds 0.59% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 2.24 million shares. 105,345 are owned by Cookson Peirce &. Martingale Asset Mgmt Lp holds 0.26% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 203,529 shares. Credit Suisse Ag holds 0.04% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 443,315 shares. Independent Port Consultants stated it has 0.02% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Webster Bancorporation N A holds 0.01% or 493 shares. Strs Ohio reported 17,798 shares. Fruth Invest Mngmt stated it has 0.63% in Northern Trust Corporation (NASDAQ:NTRS). Burgundy Asset Mgmt Ltd invested in 2.48M shares. Barrett Asset Management Ltd Liability Corp has 0.01% invested in Northern Trust Corporation (NASDAQ:NTRS) for 800 shares. 30,000 were reported by Bp Public Limited Company. Cedar Hill Associate Ltd Limited Liability Company holds 6,912 shares. The Minnesota-based Thrivent For Lutherans has invested 0% in Northern Trust Corporation (NASDAQ:NTRS). Capstone Asset Management Comm stated it has 17,121 shares. Cadence Mgmt Limited Liability Company holds 7,680 shares or 0.05% of its portfolio.

Since May 5, 2017, it had 0 buys, and 5 selling transactions for $26.84 million activity. Shares for $864,624 were sold by Pembleton Susan Gillian. WADDELL FREDERICK H had sold 205,923 shares worth $18.63M. On Wednesday, June 7 the insider FRADKIN STEVEN L sold $1.31 million.

Wall Street await Northern Trust Corporation (NASDAQ:NTRS) to release earnings on October, 18. Analysts forecast earnings per share of $1.15, up exactly $0.07 or 6.48 % from 2014’s $1.08 EPS. The expected NTRS’s profit could reach $262.79M giving the stock 19.12 P/E in the case that $1.15 earnings per share is reported. After posting $1.18 EPS for the previous quarter, Northern Trust Corporation’s analysts now forecast -2.54 % negative EPS growth. The stock increased 0.17% or $0.15 on September 15, reaching $87.96. About 1.34M shares traded or 10.74% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since September 17, 2016 and is uptrending. It has outperformed by 5.75% the S&P500.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 13 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 5 have Buy rating, 1 Sell and 7 Hold. Therefore 38% are positive. Northern Trust Corporation had 45 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, October 2, the company rating was upgraded by UBS. The stock has “Buy” rating by Jefferies on Tuesday, April 11. Citigroup downgraded the stock to “Sell” rating in Wednesday, April 20 report. The stock has “Equal Weight” rating by Barclays Capital on Tuesday, January 3. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Hold” rating by Deutsche Bank on Thursday, June 16. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Outperform” rating given on Thursday, January 21 by RBC Capital Markets. Jefferies maintained Northern Trust Corporation (NASDAQ:NTRS) on Monday, June 19 with “Buy” rating. Bank of America maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Friday, May 26. Bank of America has “Buy” rating and $98 target. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Buy” rating by Sandler O’Neill on Friday, January 22. The firm earned “Buy” rating on Monday, July 10 by Jefferies.

Northern Trust Corporation is a financial holding company. The company has market cap of $20.10 billion. The Firm provides asset servicing, fund administration, asset management, fiduciary and banking solutions for firms, institutions, families and individuals across the world. It has a 19.98 P/E ratio. The Company’s divisions include Corporate & Institutional Services , Wealth Management, and Treasury and Other.

More notable recent Northern Trust Corporation (NASDAQ:NTRS) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Northern Trust, Washington Prime Group and Cathay …” on August 28, 2017, also Businesswire.com with their article: “Northern Trust Names Yen Leng Ong as Country Head Singapore and Head of South …” published on August 30, 2017, Businesswire.com published: “Northern Trust’s Five-Year Investment Outlook: Amid Steady Global Growth …” on September 13, 2017. More interesting news about Northern Trust Corporation (NASDAQ:NTRS) were released by: Nasdaq.com and their article: “Northern Trust (NTRS) Struggles With Mounting Expenses” published on August 23, 2017 as well as Nasdaq.com‘s news article titled: “Northern Trust Corporation (NTRS) Ex-Dividend Date Scheduled for August 30, 2017” with publication date: August 29, 2017.

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