Pro-Northern Trust Corp Institutional Investors Sentiment Runs High in Q4 2017

April 26, 2018 - By Nellie Frank

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Sentiment for Northern Trust Corp (NASDAQ:NTRS)

Northern Trust Corp (NASDAQ:NTRS) institutional sentiment increased to 1.03 in 2017 Q4. Its up 0.06, from 0.97 in 2017Q3. The ratio has increased, as 224 institutional investors opened new and increased equity positions, while 218 sold and decreased stakes in Northern Trust Corp. The institutional investors in our partner’s database now own: 175.58 million shares, down from 183.65 million shares in 2017Q3. Also, the number of institutional investors holding Northern Trust Corp in their top 10 equity positions increased from 3 to 5 for an increase of 2. Sold All: 27 Reduced: 191 Increased: 165 New Position: 59.

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 $24.14 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 21.8 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.

The stock increased 0.42% or $0.45 during the last trading session, reaching $107.28. About 136,683 shares traded. Northern Trust Corporation (NASDAQ:NTRS) has risen 19.41% since April 26, 2017 and is uptrending. It has outperformed by 7.86% the S&P500.

Nuance Investments Llc holds 4.41% of its portfolio in Northern Trust Corporation for 659,723 shares. Bush Odonnell Investment Advisors Inc owns 52,536 shares or 4.27% of their US portfolio. Moreover, Wilkins Investment Counsel Inc has 3.72% invested in the company for 124,605 shares. The Minnesota-based Speece Thorson Capital Group Inc has invested 3.07% in the stock. Fairview Capital Investment Management Llc, a California-based fund reported 461,879 shares.

Since January 1, 0001, it had 0 buys, and 16 insider sales for $21.55 million activity.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Ratings analysis reveals 42% of Northern Trust’s analysts are positive. Out of 12 Wall Street analysts rating Northern Trust, 5 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $100 while the high is $12200. The stock’s average target of $113.08 is 5.41% above today’s ($107.28) share price. NTRS was included in 21 notes of analysts from December 12, 2017. The firm has “Buy” rating by Jefferies given on Thursday, April 5. As per Tuesday, January 2, the company rating was maintained by Barclays Capital. The stock has “Buy” rating by RBC Capital Markets on Thursday, January 25. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Hold” rating given on Friday, April 6 by Deutsche Bank. The company was upgraded on Monday, April 2 by Goldman Sachs. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, April 4. The firm has “Hold” rating given on Monday, April 9 by Sandler O’Neill. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Hold” rating given on Thursday, January 25 by Sandler O’Neill. On Tuesday, April 17 the stock rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, December 20 the stock rating was maintained by Wells Fargo with “Hold”.

Northern Trust Corporation (NASDAQ:NTRS) Institutional Positions Chart

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