It’s been a crucial week for Northern Trust Corporation (NASDAQ:NTRS); here’s what analysts have to say.

January 21, 2018 - By Jan Rainey

 It's been a crucial week for Northern Trust Corporation (NASDAQ:NTRS); here's what analysts have to say.
Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.20, from 1.17 in 2017Q2. It dived, as 43 investors sold Northern Trust Corporation shares while 183 reduced holdings. 65 funds opened positions while 154 raised stakes. 183.65 million shares or 1.21% less from 185.90 million shares in 2017Q2 were reported.
Investec Asset Management Limited has 507,942 shares for 0.2% of their portfolio. Loews has invested 0.01% in Northern Trust Corporation (NASDAQ:NTRS). Suntrust Banks reported 20,536 shares. Mercer Advisers holds 0.03% or 400 shares. 2,886 are owned by Capstone. Smithfield Com stated it has 0% in Northern Trust Corporation (NASDAQ:NTRS). Optimum Invest Advsrs holds 0.13% or 4,342 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 44,469 shares or 0.04% of its portfolio. Lodestar Invest Counsel Limited Liability Company Il invested 1.19% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Papp L Roy Assocs holds 10,730 shares. Teacher Retirement Systems Of Texas stated it has 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Commonwealth Of Pennsylvania School Empls Retrmt Sys owns 17,467 shares or 0.02% of their US portfolio. Advisory Ntwk Limited Liability Corporation reported 0.01% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Bluemountain Cap Mgmt Limited Liability Corporation owns 26,394 shares or 0.05% of their US portfolio. Texas Permanent School Fund owns 59,521 shares.

Since August 7, 2017, it had 0 insider buys, and 13 sales for $32.91 million activity. Shares for $992,310 were sold by BROWNE ROBERT P on Monday, September 11. 11,058 shares valued at $1.04 million were sold by MORRISON WILLIAM L on Friday, October 20. The insider WADDELL FREDERICK H sold 177,964 shares worth $17.02M. $1.23M worth of stock was sold by St Clair Joyce on Wednesday, August 23. Parker Teresa had sold 8,000 shares worth $736,000. Schreuder Jana R sold $502,290 worth of stock.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 16 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Northern Trust Corporation had 61 analyst reports since August 6, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Hold” rating and $76 target in Friday, May 27 report. The stock has “Underweight” rating by Morgan Stanley on Thursday, July 20. The company was upgraded on Tuesday, June 28 by Citigroup. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Buy” rating by Jefferies on Monday, June 19. As per Friday, May 26, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Buy” rating on Friday, May 26 by Bank of America. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Buy” rating given on Wednesday, June 28 by RBC Capital Markets. The firm earned “Equal-Weight” rating on Thursday, October 22 by Barclays Capital. The rating was maintained by RBC Capital Markets on Friday, August 18 with “Buy”. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Hold” rating by Sandler O’Neill on Tuesday, January 9. Below is a list of Northern Trust Corporation (NASDAQ:NTRS) latest ratings and price target changes.

09/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $105.0 Maintain
09/01/2018 Broker: Jefferies Rating: Buy New Target: $119.0 Maintain
08/01/2018 Broker: Vining Sparks Rating: Buy New Target: $118.0
02/01/2018 Broker: Barclays Capital Rating: Hold New Target: $114.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $110.0 Maintain
20/12/2017 Broker: Wells Fargo Rating: Hold New Target: $105.0 Maintain
12/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $106.0 Maintain
19/10/2017 Broker: Bank of America Rating: Buy Old Target: $97 New Target: $102 Maintain
19/10/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $83 New Target: $91 Maintain
19/10/2017 Broker: Buckingham Research Rating: Neutral Old Target: $95 New Target: $97 Maintain

The stock increased 1.05% or $1.11 during the last trading session, reaching $106.49. About 1.13 million shares traded or 21.28% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since January 21, 2017 and is uptrending. It has outperformed by 5.75% the S&P500.

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for firms, institutions, families, and individuals worldwide. The company has market cap of $24.22 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 23.55 P/E ratio. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment activities outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.

More recent Northern Trust Corporation (NASDAQ:NTRS) news were published by: Nasdaq.com which released: “Northern Trust to Acquire Citadel’s Technology Platform” on January 12, 2018. Also Businesswire.com published the news titled: “Investment Management Veteran Joins Northern Trust Asset Management to Lead …” on January 19, 2018. Businesswire.com‘s news article titled: “Northern Trust to Acquire Technology and Software Development Resources from …” with publication date: January 11, 2018 was also an interesting one.

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