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Northern Trust (NASDAQ:NTRS) Gets an Upgrade to a “Hold” Rating

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Investors sentiment increased to 1.03 in Q2 2018. Its up 0.21, from 0.82 in 2018Q1. It increased, 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.

Hudson Bay Cap L P holds 0.2% or 140,632 shares in its portfolio. Element Capital Mgmt Lc, New York-based fund reported 4,488 shares. Korea Inv Corp holds 0.05% or 110,683 shares. Keybank Association Oh holds 126,146 shares. Intrepid Capital Mngmt owns 11,465 shares for 0.41% of their portfolio. Creative Planning holds 0% in Northern Trust Corporation (NASDAQ:NTRS) or 8,675 shares. First Bankshares Of Omaha reported 119,960 shares stake. Sumitomo Mitsui Asset Management Ltd has invested 0.02% in Northern Trust Corporation (NASDAQ:NTRS). Gulf Bancshares (Uk) Limited holds 0.09% or 68,550 shares. State Street accumulated 0.08% or 9.42 million shares. Proshare Advsr Ltd Limited Liability Company reported 60,997 shares stake. Manufacturers Life The stated it has 0.03% in Northern Trust Corporation (NASDAQ:NTRS). 5,202 are owned by Mariner Wealth. Schroder Investment Management Grp holds 0% or 3,776 shares. Norinchukin State Bank The owns 13,173 shares for 0.02% of their portfolio.

Since April 24, 2018, it had 0 insider purchases, and 9 insider sales for $6.29 million activity. Blake Aileen B had sold 7,163 shares worth $753,221 on Monday, May 7. $312,798 worth of stock was sold by Schreuder Jana R on Tuesday, May 15. Cohodes Jeffrey D. had sold 14,979 shares worth $1.58 million. St Clair Joyce sold $354,592 worth of stock. Parker Teresa also sold $606,737 worth of Northern Trust Corporation (NASDAQ:NTRS) shares. Another trade for 13,886 shares valued at $1.54M was made by MORRISON WILLIAM L on Monday, July 23.

Northern Trust (NASDAQ:NTRS) Stock Upgrade

Sandler O’Neill gave Northern Trust (NASDAQ:NTRS) shares a new “Buy” rating in analysts report sent to investors and clients on Thursday morning. The boost from the previous “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 firm has “Neutral” rating given on Friday, August 10 by Credit Suisse. The rating was maintained by Morgan Stanley with “Underweight” on Thursday, July 19. UBS maintained it with “Buy” rating and $125 target in Monday, October 8 report. The company was maintained on Thursday, August 16 by Deutsche Bank. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Hold” rating given on Thursday, October 11 by Deutsche Bank. Citigroup maintained Northern Trust Corporation (NASDAQ:NTRS) on Friday, July 20 with “Neutral” rating.

The stock decreased 1.17% or $1.1 during the last trading session, reaching $93.11. About 2.08M 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: Seekingalpha.com which released: “Northern Trust slumps 3.5% after Q3 miss” on October 17, 2018, also Benzinga.com with their article: “Earnings Scheduled For October 17, 2018” published on October 17, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For October 18, 2018” on October 18, 2018. More interesting news about Northern Trust Corporation (NASDAQ:NTRS) were released by: Benzinga.com and their article: “10 Biggest Price Target Changes For Thursday” published on October 18, 2018 as well as Benzinga.com‘s news article titled: “A Preview Of Northern Trust’s Q3 Earnings” with publication date: October 16, 2018.

Northern Trust Corporation (NASDAQ:NTRS) Institutional Positions Chart

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