Laurentian Bank of Canada (LB) EPS Estimated At $1.56; Northern Trust (NTRS)’s Sentiment Is 0.97

February 16, 2018 - By Ellis Scott

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 $23.62 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 21.11 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.

Analysts expect Laurentian Bank of Canada (TSE:LB) to report $1.56 EPS on February, 27.They anticipate $0.13 EPS change or 9.09% from last quarter’s $1.43 EPS. T_LB’s profit would be $64.90 million giving it 8.31 P/E if the $1.56 EPS is correct. After having $1.63 EPS previously, Laurentian Bank of Canada’s analysts see -4.29% EPS growth. The stock increased 0.33% or $0.17 during the last trading session, reaching $51.85. About 160,400 shares traded. Laurentian Bank of Canada (TSE:LB) has 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 17 selling transactions for $39.14 million activity.

The stock increased 1.15% or $1.18 during the last trading session, reaching $103.87. About 1.24M shares traded or 13.55% up from the average. Northern Trust Corporation (NTRS) has risen 22.45% since February 16, 2017 and is uptrending. It has outperformed by 5.75% the S&P500.

Nuance Investments Llc holds 4.3% of its portfolio in Northern Trust Corporation for 674,933 shares. Bush Odonnell Investment Advisors Inc owns 59,392 shares or 4.16% of their US portfolio. Moreover, Wilkins Investment Counsel Inc has 3.55% invested in the company for 127,055 shares. The Minnesota-based Speece Thorson Capital Group Inc has invested 2.99% in the stock. Fairview Capital Investment Management Llc, a California-based fund reported 462,304 shares.

Ratings analysis reveals 50% of Northern Trust’s analysts are positive. Out of 2 Wall Street analysts rating Northern Trust, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. NTRS was included in 2 notes of analysts from January 3, 2017. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Buy” rating by Jefferies on Tuesday, April 11. The firm has “Equal Weight” rating given on Tuesday, January 3 by Barclays Capital.

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. The company has market cap of $2.16 billion. It operates through four divisions: Retail Services, Business Services, B2B Bank, and Capital Markets. It has a 9.6 P/E ratio. The firm offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance and leasing solutions.

Among 6 analysts covering Laurentian Bank Of Canada (TSE:LB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Laurentian Bank Of Canada had 52 analyst reports since August 17, 2015 according to SRatingsIntel. The company was maintained on Thursday, September 1 by Scotia Capital. The firm earned “Sector Perform” rating on Thursday, July 21 by RBC Capital Markets. BMO Capital Markets maintained Laurentian Bank of Canada (TSE:LB) rating on Monday, May 29. BMO Capital Markets has “Market Perform” rating and $56 target. TD Securities maintained Laurentian Bank of Canada (TSE:LB) rating on Friday, June 10. TD Securities has “Hold” rating and $52 target. TD Securities upgraded Laurentian Bank of Canada (TSE:LB) rating on Wednesday, December 6. TD Securities has “Buy” rating and $63 target. On Wednesday, May 31 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm has “Sector Perform” rating by Scotia Capital given on Monday, August 21. The stock of Laurentian Bank of Canada (TSE:LB) earned “Outperform” rating by BMO Capital Markets on Wednesday, December 6. Canaccord Genuity downgraded it to “Speculative Buy” rating and $61 target in Wednesday, December 6 report. The stock of Laurentian Bank of Canada (TSE:LB) earned “Equal-Weight” rating by Barclays Capital on Tuesday, May 23.

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