Northern Trust Corp (NASDAQ: NTRS) is -0.27% lower on its value in year-to-date trading and has touched a low of $76.67 and a high of $111.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NTRS stock was last observed hovering at around $102.75 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $102.22, the stock is -1.31% and -3.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -0.52% at the moment leaves the stock 11.76% off its SMA200. NTRS registered 21.43% gain for a year compared to 6-month gain of 19.70%. The firm has a 50-day simple moving average (SMA 50) of $105.4158 and a 200-day simple moving average (SMA200) of $91.46135.
The stock witnessed a -5.28% loss in the last 1 month and extending the period to 3 months gives it a 12.26%, and is -0.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.81% over the week and 2.05% over the month.
Northern Trust Corp (NTRS) has around 23100 employees, a market worth around $20.26B and $15.06B in sales. Current P/E ratio is 12.73 and Fwd P/E is 13.19. Profit margin for the company is 10.84%. Distance from 52-week low is 33.33% and -8.63% from its 52-week high. The company has generated returns on investments over the last 12 months (8.31%).
The EPS is expected to grow by 29.44% this year
1027.0 institutions hold shares in Northern Trust Corp (NTRS), with institutional investors hold 87.38% of the company’s shares. The shares outstanding are 198.22M, and float is at 195.18M with Short Float at 1.18%. Institutions hold 86.85% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.95 million shares valued at $1.93 billion. The investor’s holdings represent 11.2166 of the NTRS Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 16.64 million shares valued at $1.4 billion to account for 8.1342 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.54 million shares representing 7.596 and valued at over $1.31 billion, while STATE STREET CORP holds 4.3035 of the shares totaling 8.81 million with a market value of $746.08 million.
Northern Trust Corp (NTRS) Insider Activity
The most recent transaction is an insider sale by FRADKIN STEVEN L, the company’s Vice Chairman. SEC filings show that FRADKIN STEVEN L sold 9,100 shares of the company’s common stock on Nov 29 ’24 at a price of $111.00 per share for a total of $1.01 million. Following the sale, the insider now owns 47797.0 shares.
Still, SEC filings show that on Nov 07 ’24, South Thomas A (Executive Vice President) disposed off 5,000 shares at an average price of $105.80 for $0.53 million. The insider now directly holds 49,756 shares of Northern Trust Corp (NTRS).
