Northern Trust (NTRS) Analysts See $1.39 EPS; Monarch Alternative Capital LP Has Raised Its Spirit Realty Capital (SRC) Position

March 23, 2018 - By Louis Casey

Analysts expect Northern Trust Corporation (NASDAQ:NTRS) to report $1.39 EPS on April, 24.They anticipate $0.30 EPS change or 27.52% from last quarter’s $1.09 EPS. NTRS’s profit would be $313.55 million giving it 18.44 P/E if the $1.39 EPS is correct. After having $1.35 EPS previously, Northern Trust Corporation’s analysts see 2.96% EPS growth. The stock decreased 4.15% or $4.44 during the last trading session, reaching $102.51. About 1.38M shares traded or 18.39% up from the average. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since March 23, 2017 and is uptrending. It has outperformed by 5.75% the S&P500.

Monarch Alternative Capital Lp increased Spirit Realty Capital Inc (SRC) stake by 19.22% reported in 2017Q3 SEC filing. Monarch Alternative Capital Lp acquired 1.89 million shares as Spirit Realty Capital Inc (SRC)’s stock declined 32.65%. The Monarch Alternative Capital Lp holds 11.73 million shares with $100.53M value, up from 9.84M last quarter. Spirit Realty Capital Inc now has $3.51 billion valuation. The stock decreased 1.01% or $0.08 during the last trading session, reaching $7.82. About 5.05 million shares traded. Spirit Realty Capital, Inc. (NYSE:SRC) has declined 36.20% since March 23, 2017 and is downtrending. It has underperformed by 52.90% the S&P500.

Among 16 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Northern Trust Corporation had 67 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Sandler O’Neill with “Hold” on Thursday, January 25. RBC Capital Markets maintained the shares of NTRS in report on Wednesday, June 28 with “Buy” rating. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Equal Weight” rating given on Tuesday, January 3 by Barclays Capital. The firm earned “Outperform” rating on Thursday, January 21 by RBC Capital Markets. Morgan Stanley maintained it with “Underweight” rating and $104 target in Thursday, January 25 report. The stock has “Neutral” rating by Citigroup on Monday, October 9. The company was maintained on Friday, January 8 by Deutsche Bank. The rating was maintained by Deutsche Bank on Wednesday, October 5 with “Hold”. Bank of America maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Friday, May 26. Bank of America has “Buy” rating and $98 target. The stock has “Buy” rating by Jefferies on Wednesday, October 18.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.06, from 0.97 in 2017Q2. It improved, as 43 investors sold Northern Trust Corporation shares while 183 reduced holdings. 65 funds opened positions while 154 raised stakes. 183.65 million shares or 1.21% less from 185.90 million shares in 2017Q2 were reported. Loews Corp stated it has 10,000 shares. 14,000 were accumulated by Palisade Cap Mgmt Ltd Llc Nj. Ls Lc has 6,784 shares. North Star Mgmt Corporation accumulated 12,667 shares. Geode Cap Management Ltd Liability Co owns 2.34M shares for 0.08% of their portfolio. Ny State Common Retirement Fund owns 469,000 shares or 0.06% of their US portfolio. Chesley Taft & Assocs Lc has invested 0.58% in Northern Trust Corporation (NASDAQ:NTRS). Nelson Van Denburg Campbell Wealth Group Limited Liability Corp invested in 33 shares or 0% of the stock. Brandywine Glob Mngmt Lc holds 0.11% or 180,582 shares in its portfolio. Macquarie Grp Inc Limited reported 5,900 shares. Fdx Advsrs reported 9,156 shares. Bonness Enterp invested 0.87% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Lincoln Capital Ltd Liability Company has invested 0.19% in Northern Trust Corporation (NASDAQ:NTRS). State Of New Jersey Common Pension Fund D invested in 0.06% or 160,000 shares. Liberty Cap Inc owns 6,846 shares.

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 $23.12 billion. It operates through two divisions, Corporate & Institutional Services and Wealth Management. It has a 20.84 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.

Since September 27, 2017, it had 0 insider buys, and 22 insider sales for $50.18 million activity. 7,103 shares were sold by Potter Stephen N, worth $749,722. 13,811 shares were sold by Bowman Biff, worth $1.50 million. On Wednesday, September 27 the insider WADDELL FREDERICK H sold $9.20 million. Another trade for 10,118 shares valued at $1.07 million was sold by Parker Teresa. Blake Aileen B also sold $315,960 worth of Northern Trust Corporation (NASDAQ:NTRS) shares. $3.26 million worth of stock was sold by Cohodes Jeffrey D. on Friday, January 26. 6,000 Northern Trust Corporation (NASDAQ:NTRS) shares with value of $640,740 were sold by BROWNE ROBERT P.

Since March 6, 2018, it had 2 insider purchases, and 0 sales for $259,899 activity. 7,500 shares were bought by GILCHRIST RICHARD I, worth $60,000 on Thursday, March 15. 25,200 shares valued at $199,899 were bought by SENKBEIL THOMAS D on Tuesday, March 6.

Among 18 analysts covering Spirit Realty Capital (NYSE:SRC), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Spirit Realty Capital had 55 analyst reports since July 23, 2015 according to SRatingsIntel. As per Tuesday, January 23, the company rating was maintained by FBR Capital. The stock has “Perform” rating by Oppenheimer on Tuesday, January 5. The firm has “Outperform” rating by Oppenheimer given on Friday, March 11. The rating was upgraded by Capital One on Wednesday, January 24 to “Equal-Weight”. The stock of Spirit Realty Capital, Inc. (NYSE:SRC) earned “Neutral” rating by Robert W. Baird on Friday, November 10. The rating was downgraded by Bank of America to “Neutral” on Monday, September 14. On Friday, December 16 the stock rating was downgraded by Mizuho to “Neutral”. The rating was maintained by Ladenburg with “Hold” on Monday, November 13. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, September 7. The stock has “Buy” rating by FBR Capital on Thursday, February 22.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.32, from 1.29 in 2017Q2. It worsened, as 29 investors sold SRC shares while 73 reduced holdings. 45 funds opened positions while 87 raised stakes. 417.60 million shares or 1.85% less from 425.47 million shares in 2017Q2 were reported. Pensionfund Dsm Netherlands invested 0.13% in Spirit Realty Capital, Inc. (NYSE:SRC). D E Shaw & reported 0% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC). Raymond James has 453,787 shares. Qs Ltd Limited Liability Company accumulated 26,642 shares or 0% of the stock. First Manhattan reported 25,000 shares. Metropolitan Life Insur New York accumulated 39,312 shares. 7.91M are held by Renaissance Ltd. Utah Retirement has invested 0.02% in Spirit Realty Capital, Inc. (NYSE:SRC). Gsa Cap Ptnrs Llp owns 43,986 shares or 0.03% of their US portfolio. Tudor Corp Et Al stated it has 309,024 shares or 0.07% of all its holdings. Creative Planning invested 0% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC). Telos Mngmt holds 50,163 shares. 103,810 are held by Quantitative Systematic Strategies Lc. Qcm Cayman Limited, Texas-based fund reported 17,522 shares. Rhumbline Advisers invested in 0.01% or 538,192 shares.

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