Northern Trust (NTRS) Receives Coverage Optimism Score of 0.21

News stories about Northern Trust (NASDAQ:NTRS) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northern Trust earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave headlines about the asset manager an impact score of 46.4932730840581 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

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

NTRS stock traded down $0.84 during trading on Friday, hitting $107.82. 693,204 shares of the company’s stock were exchanged, compared to its average volume of 1,025,585. The stock has a market cap of $24.45 billion, a price-to-earnings ratio of 22.32, a PEG ratio of 1.43 and a beta of 0.95. Northern Trust has a 52-week low of $85.69 and a 52-week high of $110.81. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.34.



Northern Trust (NASDAQ:NTRS) last posted its earnings results on Tuesday, April 17th. The asset manager reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.16. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Northern Trust had a return on equity of 13.88% and a net margin of 21.84%. The firm’s revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.09 earnings per share. sell-side analysts anticipate that Northern Trust will post 6.5 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, July 1st. Investors of record on Friday, June 8th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Thursday, June 7th. Northern Trust’s payout ratio is 34.78%.

Several equities analysts have recently issued reports on the company. BidaskClub cut Northern Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 10th. Morgan Stanley lifted their price objective on Northern Trust from $104.00 to $110.00 and gave the company an “underweight” rating in a research note on Friday, February 2nd. Bank of America lifted their price objective on Northern Trust from $112.00 to $116.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Vining Sparks reiterated a “buy” rating and issued a $118.00 price objective on shares of Northern Trust in a research note on Wednesday, January 24th. Finally, Deutsche Bank lifted their price objective on Northern Trust from $109.00 to $111.00 and gave the company a “hold” rating in a research note on Friday, April 6th. One analyst has rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Northern Trust currently has a consensus rating of “Hold” and an average target price of $110.75.

In other Northern Trust news, CFO Biff Bowman sold 13,811 shares of Northern Trust stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $108.53, for a total transaction of $1,498,907.83. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Jana R. Schreuder sold 2,913 shares of Northern Trust stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $107.38, for a total value of $312,797.94. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 118,281 shares of company stock valued at $12,768,827. 1.04% of the stock is owned by company insiders.

Northern Trust Company Profile

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates through Corporate & Institutional Services (C&IS) and Wealth Management segments.

Insider Buying and Selling by Quarter for Northern Trust (NASDAQ:NTRS)

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