Northern Trust Corporation (NTRS) : Pennsylvania Trust Co reduced its stake in Northern Trust Corporation by 6.48% during the most recent quarter end. The investment management company now holds a total of 58,635 shares of Northern Trust Corporation which is valued at $4,139,045 after selling 4,065 shares in Northern Trust Corporation , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Northern Trust Corporation makes up approximately 0.34% of Pennsylvania Trust Co’s portfolio.
Other Hedge Funds, Including , Dalton Greiner Hartman Maher Co reduced its stake in NTRS by selling 808 shares or 12.43% in the most recent quarter. The Hedge Fund company now holds 5,693 shares of NTRS which is valued at $397,428. Northern Trust Corporation makes up approx 0.03% of Dalton Greiner Hartman Maher Co’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in NTRS by selling 1,132 shares or 2.04% in the most recent quarter. The Hedge Fund company now holds 54,385 shares of NTRS which is valued at $3,913,001. Northern Trust Corporation makes up approx 0.08% of Exxonmobil Investment Management Inc Tx’s portfolio. First Mercantile Trust Co sold out all of its stake in NTRS during the most recent quarter. The investment firm sold 7,805 shares of NTRS which is valued $561,570.
Northern Trust Corporation opened for trading at $70.57 and hit $71.3 on the upside on Friday, eventually ending the session at $70.59, with a gain of 1.12% or 0.78 points. The heightened volatility saw the trading volume jump to 9,51,755 shares. Company has a market cap of $15,995 M.
On the company’s financial health, Northern Trust Corporation reported $1.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $1.06. The company had revenue of $1316.70 million for the quarter, compared to analysts expectations of $1222.61 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS.
Northern Trust Corporation is a financial holding company. The Company provides asset servicing fund administration asset management fiduciary and banking solutions for corporations institutions families and individuals around the world. The Companys operating segments include Corporate & Institutional Services (C&IS) Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States Washington D.C. and 20 international locations in Canada Europe the Middle East and the Asia-Pacific region. Asset Management through the Companys various subsidiaries supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. The Companys subsidiary is The Northern Trust Company.