Analysts See $1.62 EPS for Northern Trust Corporation (NTRS)

June 14, 2018 - By Stephen Andrade

Northern Trust Corporation (NASDAQ:NTRS) LogoInvestors sentiment decreased to 0.82 in 2018 Q1. Its down 0.21, from 1.03 in 2017Q4. It is negative, as 26 investors sold Northern Trust Corporation shares while 219 reduced holdings. 56 funds opened positions while 146 raised stakes. 172.98 million shares or 1.48% less from 175.58 million shares in 2017Q4 were reported.
Crawford Invest Counsel owns 1.71% invested in Northern Trust Corporation (NASDAQ:NTRS) for 525,947 shares. Drexel Morgan And stated it has 0.54% in Northern Trust Corporation (NASDAQ:NTRS). 105,215 are owned by Fisher Asset Mgmt Ltd Limited Liability Company. Nuveen Asset Ltd Com holds 0% or 5,552 shares in its portfolio. State Board Of Administration Of Florida Retirement Sys has invested 0.09% in Northern Trust Corporation (NASDAQ:NTRS). Welch & Forbes Limited Liability holds 0.02% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 6,946 shares. Ibm Retirement Fund reported 4,599 shares stake. Thrivent Finance For Lutherans holds 11,678 shares. 2,070 were accumulated by Magnetar Ltd Liability Corporation. Tci Wealth Advisors reported 9 shares or 0% of all its holdings. Cap Fund Sa has invested 0.01% in Northern Trust Corporation (NASDAQ:NTRS). Cadence Lc holds 0.05% or 7,418 shares. Amalgamated Retail Bank holds 0.07% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 26,078 shares. Wellington Mgmt Grp Ltd Liability Partnership has 0.36% invested in Northern Trust Corporation (NASDAQ:NTRS) for 15.43M shares. Nj State Employees Deferred Compensation Plan invested in 0.18% or 10,000 shares.

Since January 26, 2018, it had 0 insider purchases, and 19 sales for $24.19 million activity. Another trade for 3,000 shares valued at $315,960 was made by Blake Aileen B on Friday, January 26. $726,152 worth of Northern Trust Corporation (NASDAQ:NTRS) was sold by Cohodes Jeffrey D. on Friday, February 16. On Friday, January 26 Potter Stephen N sold $1.06M worth of Northern Trust Corporation (NASDAQ:NTRS) or 10,000 shares. Bowman Biff sold $1.50 million worth of stock or 13,811 shares. The insider Leech Wilson sold 8,958 shares worth $951,063. The insider Parker Teresa sold $1.07M.

Analysts expect Northern Trust Corporation (NASDAQ:NTRS) to report $1.62 EPS on July, 18.They anticipate $0.44 EPS change or 37.29 % from last quarter’s $1.18 EPS. NTRS’s profit would be $364.49 million giving it 16.50 P/E if the $1.62 EPS is correct. After having $1.61 EPS previously, Northern Trust Corporation’s analysts see 0.62 % EPS growth. The stock increased 0.62% or $0.66 during the last trading session, reaching $106.95. About 1.40M shares traded or 33.99% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 20.76% since June 15, 2017 and is uptrending. It has outperformed by 8.19% the S&P500.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 12 analysts covering Northern Trust (NASDAQ:NTRS), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Northern Trust had 20 analyst reports since December 20, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. Bank of America maintained it with “Buy” rating and $116 target in Thursday, January 25 report. The rating was maintained by Deutsche Bank on Friday, April 6 with “Hold”. Sandler O’Neill maintained the shares of NTRS in report on Monday, April 9 with “Hold” rating. RBC Capital Markets maintained it with “Buy” rating and $110.0 target in Thursday, January 25 report. The rating was maintained by Keefe Bruyette & Woods on Wednesday, April 4 with “Hold”. As per Thursday, January 25, the company rating was maintained by Sandler O’Neill. The firm has “Underweight” rating by Morgan Stanley given on Friday, February 2. The firm has “Buy” rating by Jefferies given on Tuesday, January 9. Credit Suisse maintained the stock with “Neutral” rating in Wednesday, April 18 report.

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for firms, institutions, families, and individuals worldwide. The company has market cap of $24.06 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 21.74 P/E ratio. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment activities outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.

Another recent and important Northern Trust Corporation (NASDAQ:NTRS) news was published by Businesswire.com which published an article titled: “Northern Trust Hedge Fund Services Works with Donnelley Financial Solutions’ ArcReporting for Financial Statements” on June 13, 2018.

Northern Trust Corporation (NASDAQ:NTRS) Institutional Positions Chart

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