Are Northern Trust (NASDAQ:NTRS) Shares Worth Your Time and Dime Following Recent Sandler O’Neill Upgrade?

October 18, 2018 - By Richard Conner

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Investors sentiment increased to 1.03 in Q2 2018. Its up 0.21, from 0.82 in 2018Q1. It is positive, as 30 investors sold Northern Trust Corporation shares while 192 reduced holdings. 60 funds opened positions while 169 raised stakes. 170.67 million shares or 1.34% less from 172.98 million shares in 2018Q1 were reported.

First Merchants Corporation invested 0.7% in Northern Trust Corporation (NASDAQ:NTRS). National Bank Of Mellon stated it has 0.05% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Louisiana State Employees Retirement System accumulated 0.06% or 12,400 shares. Moreover, Amundi Pioneer Asset Inc has 0.07% invested in Northern Trust Corporation (NASDAQ:NTRS). Legacy Capital Prns stated it has 2,100 shares. Salem Inv Counselors Inc, North Carolina-based fund reported 1,000 shares. Bnp Paribas Arbitrage Sa reported 112,342 shares. M&T Comml Bank owns 14,971 shares. Soros Fund Management Ltd Liability has invested 0.15% in Northern Trust Corporation (NASDAQ:NTRS). Lmr Ptnrs Ltd Liability Partnership stated it has 6,375 shares or 0.03% of all its holdings. State Street Corp owns 9.42 million shares. Carroll Associates Inc holds 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 250 shares. Cutler Counsel Limited Com reported 76,717 shares. King Luther Cap has invested 0.07% in Northern Trust Corporation (NASDAQ:NTRS). Toronto Dominion Bancorporation accumulated 0.04% or 180,205 shares.

Since April 24, 2018, it had 0 insider buys, and 9 selling transactions for $6.29 million activity. Blake Aileen B had sold 7,163 shares worth $753,221. $283,926 worth of Northern Trust Corporation (NASDAQ:NTRS) was sold by Schreuder Jana R on Tuesday, April 24. 3,166 shares valued at $354,592 were sold by St Clair Joyce on Tuesday, July 24. Parker Teresa sold $606,737 worth of Northern Trust Corporation (NASDAQ:NTRS) on Friday, July 20. 13,886 Northern Trust Corporation (NASDAQ:NTRS) shares with value of $1.54M were sold by MORRISON WILLIAM L. 14,979 Northern Trust Corporation (NASDAQ:NTRS) shares with value of $1.58M were sold by Cohodes Jeffrey D..

Northern Trust (NASDAQ:NTRS) Stock Upgrade

Sandler O’Neill gave Northern Trust (NASDAQ:NTRS) shares a new Buy rating in a research report revealed to clients on 18 October. The increase from the old Hold rating is certainly an interesting one.

Northern Trust Corporation (NASDAQ:NTRS) Ratings Coverage

Among 5 analysts covering Northern Trust (NASDAQ:NTRS), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Northern Trust has $125 highest and $114 lowest target. $117.80’s average target is 26.52% above currents $93.11 stock price. Northern Trust had 6 analyst reports since July 19, 2018 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Neutral” on Friday, August 10. On Monday, October 8 the stock rating was maintained by UBS with “Buy”. The firm earned “Hold” rating on Thursday, August 16 by Deutsche Bank. Citigroup maintained the stock with “Neutral” rating in Friday, July 20 report. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Underweight” rating given on Thursday, July 19 by Morgan Stanley. Deutsche Bank maintained Northern Trust Corporation (NASDAQ:NTRS) on Thursday, October 11 with “Hold” rating.

The stock decreased 1.17% or $1.1 during the last trading session, reaching $93.11. About 2.08 million shares traded or 59.50% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 16.31% since October 19, 2017 and is uptrending. It has outperformed by 0.69% 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 $20.79 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 15.6 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 notable recent Northern Trust Corporation (NASDAQ:NTRS) news were published by: which released: “10 Biggest Price Target Changes For Thursday” on October 18, 2018, also with their article: “Benzinga’s Top Upgrades, Downgrades For October 18, 2018” published on October 18, 2018, published: “A Preview Of Northern Trust’s Q3 Earnings” on October 16, 2018. More interesting news about Northern Trust Corporation (NASDAQ:NTRS) were released by: and their article: “Deutsche Bank Upgrades Northern Trust (NTRS) to Buy” published on October 18, 2018 as well as‘s news article titled: “Earnings Scheduled For October 17, 2018” with publication date: October 17, 2018.

Northern Trust Corporation (NASDAQ:NTRS) Institutional Positions Chart

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