Northern Trust (NTRS) Given Daily Coverage Optimism Score of 0.20

News stories about Northern Trust (NASDAQ:NTRS) have trended somewhat positive on Sunday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northern Trust earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the asset manager an impact score of 45.6257200946797 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have impacted Accern’s scoring:

Shares of Northern Trust (NASDAQ:NTRS) traded up $1.26 during midday trading on Friday, reaching $97.85. The company’s stock had a trading volume of 1,570,000 shares, compared to its average volume of 843,386. Northern Trust has a 1-year low of $81.92 and a 1-year high of $99.66. The company has a market capitalization of $22,253.14, a price-to-earnings ratio of 21.36, a price-to-earnings-growth ratio of 2.09 and a beta of 0.96. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.37.

Northern Trust (NASDAQ:NTRS) last announced its quarterly earnings data on Wednesday, October 18th. The asset manager reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.08. Northern Trust had a return on equity of 12.33% and a net margin of 20.27%. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the company earned $1.11 earnings per share. Northern Trust’s revenue was up 11.2% compared to the same quarter last year. equities research analysts anticipate that Northern Trust will post 4.68 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Friday, December 1st will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, November 30th. Northern Trust’s dividend payout ratio (DPR) is 37.17%.

NTRS has been the subject of several recent analyst reports. Bank of America set a $102.00 target price on Northern Trust and gave the company a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research lowered Northern Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Morgan Stanley upped their target price on Northern Trust from $83.00 to $91.00 and gave the company an “underweight” rating in a report on Thursday, October 19th. Citigroup reaffirmed a “neutral” rating and issued a $92.00 target price (up from $90.00) on shares of Northern Trust in a report on Monday, October 9th. Finally, UBS raised Northern Trust from a “neutral” rating to a “buy” rating and upped their target price for the company from $92.00 to $100.00 in a report on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $97.07.

In other Northern Trust news, COO Jana R. Schreuder sold 18,489 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $99.20, for a total transaction of $1,834,108.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Frederick H. Waddell sold 44,658 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $97.95, for a total value of $4,374,251.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 433,382 shares of company stock valued at $41,304,013. 1.27% of the stock is owned by corporate insiders.

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Northern Trust Company Profile

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 across the world. Its segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other.

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