Northern Trust Corporation (NTRS) : Endeavour Capital Advisors Inc scooped up 137,659 additional shares in Northern Trust Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 450,274 shares of Northern Trust Corporation which is valued at $30,542,085.Northern Trust Corporation makes up approximately 2.25% of Endeavour Capital Advisors Inc’s portfolio.
Other Hedge Funds, Including , Parallax Volatility Advisers boosted its stake in NTRS in the latest quarter, The investment management firm added 2,417 additional shares and now holds a total of 3,012 shares of Northern Trust Corporation which is valued at $204,304. Northern Trust Corporation makes up approx 0.01% of Parallax Volatility Advisers’s portfolio.Rafferty Asset Management reduced its stake in NTRS by selling 8,497 shares or 27.36% in the most recent quarter. The Hedge Fund company now holds 22,563 shares of NTRS which is valued at $1,548,499. Northern Trust Corporation makes up approx 0.10% of Rafferty Asset Management’s portfolio.Seaward Management Limited Partnership reduced its stake in NTRS by selling 1,200 shares or 2.37% in the most recent quarter. The Hedge Fund company now holds 49,431 shares of NTRS which is valued at $3,385,035. Northern Trust Corporation makes up approx 0.18% of Seaward Management Limited Partnership’s portfolio.Boston Common Asset Management reduced its stake in NTRS by selling 3,430 shares or 4.78% in the most recent quarter. The Hedge Fund company now holds 68,311 shares of NTRS which is valued at $4,540,632. Northern Trust Corporation makes up approx 0.65% of Boston Common Asset Management’s portfolio.
Northern Trust Corporation closed down -0.17 points or -0.24% at $69.69 with 729,314 shares getting traded on Wednesday. Post opening the session at $69.61, the shares hit an intraday low of $69.43 and an intraday high of $70.2 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Northern Trust Corporation reported $1.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $1.06. The company had revenue of $1316.70 million for the quarter, compared to analysts expectations of $1222.61 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS.
Many Wall Street Analysts have commented on Northern Trust Corporation. Shares were Downgraded by Goldman on Jul 7, 2016 to ” Neutral” and Lowered the Price Target to $ 71 from a previous price target of $82 .Northern Trust Corporation was Upgraded by Citigroup to ” Neutral” on Jun 28, 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.