News headlines about Northern Trust (NASDAQ:NTRS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. 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 0.21 on Accern’s scale. Accern also gave headlines about the asset manager an impact score of 45.0200320474633 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Northern Trust Gets IBD Stock Rating Upgrade (finance.yahoo.com)
- Analyzing Northern Trust (NTRS) & Ameriprise Financial (AMP) (americanbankingnews.com)
- Northern Trust (NTRS) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com)
- Northern Trust (NTRS) Stock Rating Upgraded by BidaskClub (americanbankingnews.com)
- Why You Shouldn’t Bet Against Northern Trust (NTRS) Stock (zacks.com)
Northern Trust (NASDAQ NTRS) traded down $1.51 during midday trading on Thursday, reaching $105.38. 1,062,775 shares of the company’s stock were exchanged, compared to its average volume of 992,275. Northern Trust has a 12-month low of $81.92 and a 12-month high of $108.04. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.37. The company has a market cap of $24,245.36, a P/E ratio of 23.31, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97.
NTRS has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Northern Trust from a “sell” rating to a “hold” rating in a research note on Monday, September 25th. Citigroup restated a “neutral” rating and issued a $92.00 target price (up from $90.00) on shares of Northern Trust in a research note on Monday, October 9th. UBS Group upped their target price on shares of Northern Trust from $100.00 to $109.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Buckingham Research upped their target price on shares of Northern Trust from $95.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, October 19th. Finally, Morgan Stanley upped their target price on shares of Northern Trust from $83.00 to $91.00 and gave the company an “underweight” rating in a research note on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. Northern Trust presently has an average rating of “Hold” and an average target price of $100.20.
In other Northern Trust news, COO Jana R. Schreuder sold 18,489 shares of the stock in a transaction on Monday, December 4th. The shares were sold at an average price of $99.20, for a total transaction of $1,834,108.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Vice Chairman William L. Morrison sold 11,058 shares of the stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $94.34, for a total transaction of $1,043,211.72. The disclosure for this sale can be found here. Insiders have sold a total of 137,753 shares of company stock worth $13,433,361 over the last quarter. 1.27% of the stock is currently 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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