Northern Trust Corporation (NTRS) : Jolley Asset Management added new position in Northern Trust Corporation during the most recent quarter end. The investment management firm now holds 1,125 shares of Northern Trust Corporation which is valued at $81,405 , the company said in a statement filed on Apr 21, 2016 with the SEC.Northern Trust Corporation makes up approximately 0.07% of Jolley Asset Management’s portfolio.
Northern Trust Corporation closed down -0.2 points or -0.28% at $72.27 with 17,33,924 shares getting traded on Wednesday. Post opening the session at $72.18, the shares hit an intraday low of $71.88 and an intraday high of $73 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Dearborn Partners reduced its stake in NTRS by selling 135 shares or 0.23% in the most recent quarter. The Hedge Fund company now holds 58,363 shares of NTRS which is valued at $4,223,147. Northern Trust Corporation makes up approx 0.39% of Dearborn Partners’s portfolio.Alpha Windward boosted its stake in NTRS in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 2,261 shares of Northern Trust Corporation which is valued at $152,798. Northern Trust Corporation makes up approx 0.11% of Alpha Windward’s portfolio. Independent Portfolio Consultants added NTRS to its portfolio by purchasing 670 company shares during the most recent quarter which is valued at $45,279. Northern Trust Corporation makes up approx 0.01% of Independent Portfolio Consultants’s portfolio.Proficio Capital Partners boosted its stake in NTRS in the latest quarter, The investment management firm added 66 additional shares and now holds a total of 129 shares of Northern Trust Corporation which is valued at $8,241. Northern Trust Corporation makes up approx 0.01% of Proficio Capital Partners’s portfolio.
On the company’s financial health, Northern Trust Corporation reported $1.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $0.95. The company had revenue of $1190.00 million for the quarter, compared to analysts expectations of $1176.54 million. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.94 EPS.
Many Wall Street Analysts have commented on Northern Trust Corporation. Company shares were Reiterated by Deutsche Bank on Apr 25, 2016 to “Hold”, Firm has raised the Price Target to $ 73 from a previous price target of $71 .Northern Trust Corporation was Downgraded by Citigroup to ” Sell” on Apr 20, 2016. Northern Trust Corporation was Downgraded by Sandler O’Neill to ” Hold” on Apr 20, 2016.
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 around the world. The Companys operating segments include Corporate & Institutional Services (C&IS) Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States Washington D.C. and 20 international locations in Canada Europe the Middle East and the Asia-Pacific region. Asset Management through the Companys various subsidiaries supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. The Companys subsidiary is The Northern Trust Company.