Walter Keenan Financial Consulting Co Mi Adv Lowers stake in Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS) : Walter Keenan Financial Consulting Co Mi Adv reduced its stake in Northern Trust Corporation by 6.1% during the most recent quarter end. The investment management company now holds a total of 43,861 shares of Northern Trust Corporation which is valued at $2,975,092 after selling 2,848 shares in Northern Trust Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Northern Trust Corporation makes up approximately 0.83% of Walter Keenan Financial Consulting Co Mi Adv’s portfolio.

Other Hedge Funds, Including , Capstone Investment Advisors added NTRS to its portfolio by purchasing 26,363 company shares during the most recent quarter which is valued at $1,788,202. Northern Trust Corporation makes up approx 0.13% of Capstone Investment Advisors’s portfolio.Thompson Davis reduced its stake in NTRS by selling 13 shares or 3.47% in the most recent quarter. The Hedge Fund company now holds 362 shares of NTRS which is valued at $25,050. Northern Trust Corporation makes up approx 0.04% of Thompson Davis’s portfolio.Private Advisor Group boosted its stake in NTRS in the latest quarter, The investment management firm added 366 additional shares and now holds a total of 4,257 shares of Northern Trust Corporation which is valued at $294,584. Northern Trust Corporation makes up approx 0.01% of Private Advisor Group’s portfolio.

Northern Trust Corporation closed down -0.18 points or -0.25% at $70.41 with 12,94,680 shares getting traded on Thursday. Post opening the session at $70.97, the shares hit an intraday low of $69.79 and an intraday high of $71.66 and the price fluctuated in this range throughout the day.Shares ended Thursday 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 Company’s 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 Company’s 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 Company’s subsidiary is The Northern Trust Company.

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