News articles about Northern Trust (NASDAQ:NTRS) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Northern Trust earned a news impact score of 0.23 on Accern’s scale. Accern also gave headlines about the asset manager an impact score of 46.7013873552215 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Northern Trust Co. (NTRS) EVP Sells $726,152.46 in Stock (americanbankingnews.com)
- Northern Trust Co. (NTRS) Vice Chairman William L. Morrison Sells 20,000 Shares (americanbankingnews.com)
- Northern Trust Asset Management Introduces Northern Engage360™ Fund (NENGX) (finance.yahoo.com)
- Fed Will Hike 'One or Two Times' in 2018, Robertson Says (finance.yahoo.com)
- Northern Trust to Provide Investment Advisory Services to Steppenwolf Theatre (finance.yahoo.com)
Northern Trust (NASDAQ NTRS) traded down $0.14 during midday trading on Tuesday, hitting $104.72. The company had a trading volume of 1,220,000 shares, compared to its average volume of 1,310,000. Northern Trust has a fifty-two week low of $83.17 and a fifty-two week high of $108.91. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.35. The firm has a market cap of $23,820.00, a PE ratio of 22.33, a PEG ratio of 1.40 and a beta of 0.98.
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, April 1st. Investors of record on Friday, March 9th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.68 annualized dividend and a dividend yield of 1.60%. Northern Trust’s dividend payout ratio is presently 35.82%.
Several research firms have recently issued reports on NTRS. Sandler O’Neill reiterated a “hold” rating and set a $105.00 price target on shares of Northern Trust in a research note on Wednesday, January 10th. Wells Fargo & Co set a $105.00 price target on Northern Trust and gave the stock a “hold” rating in a research note on Wednesday, December 20th. Royal Bank of Canada upped their price target on Northern Trust to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. BidaskClub downgraded Northern Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. Finally, Zacks Investment Research upgraded Northern Trust from a “hold” rating to a “buy” rating and set a $110.00 price target for the company in a research note on Tuesday, December 19th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $104.81.
In other Northern Trust news, Vice Chairman William L. Morrison sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $96.48, for a total value of $2,894,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jana R. Schreuder sold 2,600 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $99.02, for a total value of $257,452.00. The disclosure for this sale can be found here. Insiders have sold a total of 225,553 shares of company stock valued at $22,734,528 in the last three months. 1.27% of the stock is owned by insiders.
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About Northern Trust
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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