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INX:NTRS, Jan 22, 06:11 UTC

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Monday, January 20


News

Low Rates to Impact Northern Trust's (NTRS) Q4 Earnings

NTRS

Low Rates to Impact Northern Trust's (NTRS) Q4 Earnings. Furthermore, securities lending revenues are projected to be up 16.4% sequentially. Yet, investment management revenues are likely to have declined on a sequential basis.Therefore, with steady performance of its components, total C&I trust, investment and other servicing fees are likely to have escalated 1.3% sequentially to $567 million.Let’s have a look at what our quantitative model predicts:Northern Trust does not have the right combination of the two key ingredients — a positive Earnings ESP and Zacks Rank #3 (Hold) or higher — for increasing the odds of an earnings beat.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Earnings ESP: The Earnings ESP for Northern Trust is -0.64%.Zacks Rank: Northern Trust currently carries a Zacks Rank of 2 (Buy), which increases the predictive power of ESP. But we also need to have a positive ESP to be confident of a positive earnings surprise.Here are the other factors that might have influenced the company’s quarterly performance:Controlled Expenses: With Northern Trust’s cost-saving initiatives underway, expenses in the quarter are anticipated to have been under control.Low Foreign Exchange Trading Revenues: Given the low foreign exchange (“FX”) trading volatility in developing and emerging markets, along with mostly reduced volumes in the October-December quarter, the company’s revenues from FX trading might have remained low.Soft Loan Growth: Per the Fed’s latest data, rise in loans is likely to have been low on a sequential basis for the December-end quarter. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Cullen/Frost Bankers, Inc. CFR is slated to report earnings on Jan 30. Click to get this free report Northern Trust Corporation (NTRS) : Free Stock Analysis Report Cullen/Frost Bankers, Inc. (CFR) : Free Stock Analysis Report Bank of Hawaii Corporation (BOH) : Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD) : Free Stock Analysis Report To read this article on Zacks.com click here.

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Sunday, December 08


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Is Northern Trust Corporation (NTRS) A Good Stock To Buy?

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At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. Unlike the largest US hedge funds that are convinced Dow will soar past 40,000 or the world's most bearish hedge fund that's more convinced than ever that a crash is coming, our long-short investment strategy doesn't rely on bull or bear markets to deliver double digit returns. Due to the fact that Northern Trust Corporation (NASDAQ:NTRS) has experienced declining sentiment from the aggregate hedge fund industry, we can see that there exists a select few fund managers who sold off their full holdings in the third quarter. On the other hand Imperial Oil Limited (NYSE:IMO) is the least popular one with only 11 bullish hedge fund positions. Northern Trust Corporation (NASDAQ:NTRS) is not the least popular stock in this group but hedge fund interest is still below average.

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Wednesday, November 20


News

Northern Trust Corp Has Boosted Gilead Sciences INC (GILD) Stake by $23.28 Million

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960.10 million shares or 0.17% less from 961.76 million shares in 2019Q1 were reported. Moreover, Pnc Fincl Svcs Gp has 0.03% invested in Gilead Sciences, Inc. (NASDAQ:GILD). The institutional investor held 17.19M shares of the health care company at the end of 2019Q2, valued at $1.16 billion, up from 16.84 million at the end of the previous reported quarter. Northern Trust Corp who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $82.13B market cap company. More interesting news about Gilead Sciences, Inc. (NASDAQ:GILD) were released by: Nasdaq.com and their article: “Why Qurate Retail Stock Was Climbing Today – Nasdaq” published on November 11, 2019 as well as Nasdaq.com‘s news article titled: “Gilead Sciences (GILD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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Monday, November 18


News

Janney Montgomery Scott LLC Sells 127 Shares of Northern Trust Co. (NASDAQ:NTRS) – Slater Sentinel

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Janney Montgomery Scott LLC lessened its stake in shares of Northern Trust Co. (NASDAQ:NTRS) by 4.2% in the 3rd quarter, according to its most recent disclosure with the SEC. JPMorgan Chase & Co. reduced their price objective on shares of Northern Trust from $101.50 to $98.00 and set a “neutral” rating for the company in a research note on Thursday, October 10th. The firm has a market capitalization of $22.42 billion, a P/E ratio of 15.83, a P/E/G ratio of 1.69 and a beta of 1.22. Northern Trust (NASDAQ:NTRS) last released its quarterly earnings results on Wednesday, October 23rd. The asset manager reported $1.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.06. Northern Trust had a net margin of 22.10% and a return on equity of 15.66%.

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Sunday, November 17


News

Northern Trust Corporation (NTRS) Stake Lifted by Btim Corp

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Neuberger Berman Grp Ltd Limited Liability Company stated it has 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). The institutional investor held 603,902 shares of the major banks company at the end of 2019Q2, valued at $55.52 million, up from 557,407 at the end of the previous reported quarter. About 475,608 shares traded. Northern Trust Corporation (NASDAQ:NTRS) has declined 10.92% since November 17, 2018 and is downtrending. More notable recent Northern Trust Corporation (NASDAQ:NTRS) news were published by: Seekingalpha.com which released: “Northern Trust declares $0.70 dividend – Seeking Alpha” on July 23, 2019, also Benzinga.com with their article: “Stocks That Hit 52-Week Highs On Wednesday – Benzinga” published on November 06, 2019, Finance.Yahoo.com published: “Why Dividend Hunters Love Northern Trust Corporation (NASDAQ:NTRS) – Yahoo Finance” on May 18, 2019.

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News

Northern Trust Co. (NASDAQ:NTRS) Shares Purchased by First Merchants Corp – Riverton Roll

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Several other institutional investors and hedge funds have also modified their holdings of NTRS. Nordea Investment Management AB increased its position in shares of Northern Trust by 2.7% during the first quarter. Nordea Investment Management AB now owns 10,651 shares of the asset manager’s stock valued at $963,000 after acquiring an additional 277 shares during the last quarter. In other news, EVP Robert P. Browne sold 18,812 shares of Northern Trust stock in a transaction on Tuesday, October 29th. The firm has a market cap of $22.37 billion, a P/E ratio of 15.83, a P/E/G ratio of 1.69 and a beta of 1.22. Northern Trust Co. has a 52 week low of $75.96 and a 52 week high of $108.45. The asset manager reported $1.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.63 by $0.06. Northern Trust had a net margin of 22.10% and a return on equity of 15.66%.

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Wednesday, November 13


News

Northern Trust and BondEvalue Partner to Deliver Fractionalised Bond Ownership Using Blockchain Technology

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Business WireNovember 13, 2019, 1:00 AM UTC. Northern Trust to Provide Asset Servicing Solutions for BondEvalue’s Distributed Ledger Technology-based Bond Trading Platform. Northern Trust (NTRS) and BondEvalue today announce a strategic partnership to deliver integrated asset servicing and digital solutions for fractional ownership of fixed income bonds. This partnership follows the recent news that the BondEvalue platform had been granted permission to enter the Monetary Authority of Singapore’s Sandbox Express to launch its blockchain-based bond exchange. Rahul Banerjee, founder, BondEvalue, said: “We are excited to work with Northern Trust in making bond markets more efficient and transparent for bond investors, via our fractional bond exchange. It is important for us to have a partner who recognises the potential of DLT and is nimble in their technological adoption. As we journey towards making bonds more widely accessible, we are delighted to have Northern Trust as a partner who offers investors and exchange participants the confidence in the integrity of the platform offering.”.

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Tuesday, November 12


News

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 205 Shares of Northern Trust Co. (NASDAQ:NTRS)

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Loring Wolcott & Coolidge Fiduciary Advisors LLP MA trimmed its position in Northern Trust Co. (NASDAQ:NTRS) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The stock had a trading volume of 54,088 shares, compared to its average volume of 1,075,421. Northern Trust Co. has a twelve month low of $75.96 and a twelve month high of $108.45. The stock has a market cap of $22.81 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.72 and a beta of 1.22. Northern Trust (NASDAQ:NTRS) last posted its earnings results on Wednesday, October 23rd. The asset manager reported $1.69 EPS for the quarter, beating the consensus estimate of $1.63 by $0.06. Northern Trust had a return on equity of 15.66% and a net margin of 22.10%.

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Nov 12, 2019 - Greenwood Capital Associates Llc Buys Alphabet Inc, Northern Trust Corp, Sells Zoetis Inc, Zions Bancorp NA, Gildan Activewear Inc

NTRS VIAB +6 more NTRS VIAB FB ISRG GOOGL GOOG ZTS ILMN

Greenwood Capital Associates Llc Buys Alphabet Inc, Northern Trust Corp, Sells Zoetis Inc, Zions Bancorp NA, Gildan Activewear Inc. Greenwood, SC, based Investment company Greenwood Capital Associates Llc (Current Portfolio) buys Alphabet Inc, Northern Trust Corp, sells Zoetis Inc, Zions Bancorp NA, Gildan Activewear Inc, Old Dominion Freight Lines Inc, Viacom Inc during the 3-months ended 2019Q3, according to the most recent filings of the investment company, Greenwood Capital Associates Llc. As of 2019Q3, Greenwood Capital Associates Llc owns 149 stocks with a total value of $350 million. Microsoft Corp (MSFT) - 105,528 shares, 4.04% of the total portfolio. The Walt Disney Co (DIS) - 96,887 shares, 3.87% of the total portfolio. Johnson & Johnson (JNJ) - 77,777 shares, 3.09% of the total portfolio.

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Northern Trust Corp Raises Stock Holdings in Bank7 Corp (NASDAQ:BSVN) – Slater Sentinel

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The institutional investor owned 36,666 shares of the company’s stock after acquiring an additional 1,075 shares during the quarter. Northern Trust Corp owned about 0.36% of Bank7 worth $678,000 as of its most recent SEC filing. 4,400 shares of the company’s stock were exchanged, compared to its average volume of 9,152. Bank7 Corp has a fifty-two week low of $10.85 and a fifty-two week high of $19.25. Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas.

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