Northern Trust Corporation (NTRS) : West Oak Capital scooped up 160 additional shares in Northern Trust Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 4, 2016. The investment management firm now holds a total of 17,475 shares of Northern Trust Corporation which is valued at $1,256,453.Northern Trust Corporation makes up approximately 0.87% of West Oak Capital’s portfolio.
Other Hedge Funds, Including , Washington Trust Bank added NTRS to its portfolio by purchasing 21 company shares during the most recent quarter which is valued at $1,510.
Northern Trust Corporation opened for trading at $67.71 and hit $69.99 on the upside on Tuesday, eventually ending the session at $69.83, with a gain of 2.47% or 1.68 points. The heightened volatility saw the trading volume jump to 19,85,651 shares. Company has a market cap of $15,823 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.
Many Wall Street Analysts have commented on Northern Trust Corporation. Shares were Downgraded by Goldman on Jul 7, 2016 to ” Neutral” and Lowered the Price Target to $ 71 from a previous price target of $82 .
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.