Northern Trust Corporation (NTRS) : Speece Thorson Capital Group Inc scooped up 48,419 additional shares in Northern Trust Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 217,412 shares of Northern Trust Corporation which is valued at $15,453,645.Northern Trust Corporation makes up approximately 3.42% of Speece Thorson Capital Group Inc’s portfolio.
Northern Trust Corporation opened for trading at $71.75 and hit $71.96 on the upside on Monday, eventually ending the session at $71.86, with a gain of 1.10% or 0.78 points. The heightened volatility saw the trading volume jump to 10,04,714 shares. Company has a market cap of $16,396 M.
Other Hedge Funds, Including , Kanawha Capital Management boosted its stake in NTRS in the latest quarter, The investment management firm added 2,655 additional shares and now holds a total of 83,613 shares of Northern Trust Corporation which is valued at $5,943,212. Northern Trust Corporation makes up approx 1.01% of Kanawha Capital Management’s portfolio.Appleton Partners Incma boosted its stake in NTRS in the latest quarter, The investment management firm added 2,110 additional shares and now holds a total of 47,621 shares of Northern Trust Corporation which is valued at $3,445,856. Northern Trust Corporation makes up approx 0.67% of Appleton Partners Incma’s portfolio.New York State Teachers Retirement System reduced its stake in NTRS by selling 198 shares or 0.05% in the most recent quarter. The Hedge Fund company now holds 361,449 shares of NTRS which is valued at $26,154,450. Northern Trust Corporation makes up approx 0.07% of New York State Teachers Retirement System’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.
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.