Northern Trust Corporation (NTRS): Is it worth Buying?

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Northern Trust Corporation (NASDAQ:NTRS) changes shares on Tuesday trading session, with a change of 0.00% or $0.0 shares. The trading starts at $79.70 and closed at $79.28 throughout the day. The trading session low price was $78.5265 and day high was $79.79 on Tuesday, August 04. After the session, the Financial sector daily volume shifted to 0.67 million while its average volume is 1.35M. In other hand, the NTRS market cap reached to $16.41B. While, its current target price is $84.33.

On May 20, 2020, Northern Trust shutting fund; an outlier or sign of future risk?. According to the news reported on Reuters, Northern Trust Corp’s decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on Wednesday, but one that could portend more problems depending on how the economy fares.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.83% and up 0.74% for month. Its quarterly performance was 8.50% above, while its half year performance is down -21.05%. NTRS yearly performance stood at negative -11.25% and fall -25.38% for year-to-date. Current recommendation for Northern Trust Corporation is 2.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NTRS EPS (TTM) for 12-month is 6.42. EPS for this year is 0.20%, while for the next year its value is 5.88. Its EPS Q/Q reached -16.30%. It has an EPS of 14.80% up for past five years and for the next five years will be down -5.54%.

Vanguard Group, Inc. (The), Blackrock Inc. and Wellington Management Company, LLP are the top three holders in Northern Trust Corporation (NTRS) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 15.98 million shares which valued 1.21 billion. On Mar 30, 2020, Blackrock Inc. owned 14.29 million shares which valued at 1.08 billion. On Mar 30, 2020, Wellington Management Company, LLP has a total of 11.09 million shares which valued at 837.06 million. In the end, Wellington Management Company, LLP have 5.33% shares outstanding of Northern Trust Corporation (NTRS) on Mar 30, 2020. The insider ownership moved to 0.30% and institutional holding shifted to 86.50%.

The company posted an EPS (TTM) of 6.42. According to the most recent quarter report on (Sep 2020), 17 analysts estimated an average EPS of 1.34, while 1.69 EPS posted a year ago period. Analyst Estimated EPS for NTRS published in the report was $1.21 – $1.54 during the same period. Comparing with last year, the average estimated EPS was 1.69 which is higher than 1.46 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NTRS fall -11.71% for period of 200 days. SMA for 50 days was -1.61% which is showing red signal, while SMA-20 was 0.91%. The moving average value for Northern Trust Corporation (NTRS) is 82.32 and 79.09 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NTRS stock. On Jun 03, BROWNE ROBERT P, EVP & Chief Investment Officer, sold 5,000 trading shares at the cost of $84.82, which valued at 0.42 million. On May 27, Gossett Mark C, Executive Vice President, sold 5,115 shares at the cost of $83.08, with total shares of 8,617. On Mar 10, BROWNE ROBERT P, EVP & Chief Investment Officer, sold 4,500 shares at the cost of 72.31. After this transaction, BROWNE ROBERT P total shares reached to 34,320 which valued at 0.33 million.