Northern Trust Corp $ 77.82 -2.89 (-3.57%)
NTRS News and Headlines - Northern Trust Corp
Moreover, global financial franchise, Northern Trust Corp.(NTRS) benefitted performance in the quarter. NTRS is a trusted name in private banking and wealth management as well as a leader in the asset servicing industry with over 125 years of history and 25 years of consecutive profits. The bank operates in a favorable industry with a diversified product offering and high barriers to entry. While the macro low interest rate environment and recent Fed rate cuts are pressuring net interest margin and net interest income across the banking industry, NTRS has proven the quality of its franchise and the value
Markets worldwide began 2020 on a high note, underscored by broad optimism around an improving global economic outlook and a phase 1 trade deal between the U.S. and China. However, in a swift and sudden reversal, the coronavirus pandemic unleashed massive economic shocks as governments across the globe enacted strict containment policies, which shuttered businesses, halted commerce and imposed “social-distancing” measures confining regional populations to their homes. Uncertainty over the duration of the virus threat and magnitude of its impact prompted policymakers and central banks in the world’s largest economies to deliver fiscal stimulus and monetary relief packages in hopes
According to GuruFocus, these stocks have reached their 52-week highs.
Northern Trust Corp reached the 52-week high of $107.24
Northern Trust Corp. (NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in over 19 states and Washington, D.C. in the U.S., as well as 23 locations throughout Canada, Europe, the Middle East and the Asia-Pacific region. As of Sept. 30, 2017, Northern Trust had assets under custody of just under $10 trillion and assets
According to the GuruFocus All-in-One Screener, the following stocks with market caps above $5 billion look cheap since they are trading with low price-sales ratios.
Domtar Corp. (UFS) is trading around $46.44 per share with a price-sales ratio of 0.56 and a forward price-earnings ratio of 12.53. With a market cap of $2.92 billion, the stock price has risen at an annualized rate of 5% over the last 10 years.
The company produces an assortment of pulp, paper and personal care products.Â
The firm sold 61.25% of its Ameriprise Financial Inc. (AMP) position, impacting the portfolio by -0.58%.
The financial services company has a market cap of $21.05 billion and an enterprise value of $23.73 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. Its return on equity (ROE) of 23.82% and return on assets (ROA) of 1.03% are outperforming 63% of companies in the
The U.S. stock market traded relatively flat in Wednesday premarket trading but turned into the green later. The Dow Jones Industrial Average traded above 23,000 and hit a record high. The Dow was up 0.6%, the Standard & Poor's 500 added 0.10%, and the Nasdaq traded 0.04% up.
Strong earnings from International Business Machines Corp. (IBM) contributed to the Dow's jump. Shares have inched up more than 9% on the back of the company reporting its financial results for the third quarter. The company posted EPS of $3.30 on revenue of $19.15 billion, which was lower by 0.4% than
Another strong contributor to performance was Northern Trust Corp. (NASDAQ:NTRS), up +12.77% in the second quarter. The stock price was buoyed by improving net interest margins and a favorable rate environment. In the first quarter of this year, the firm’s total assets under management hit the $1 trillion mark for the first time, largely due to a +13% increase over the last 12 months in its wealth management segment as well as an +11% increase in its larger corporate and institutional services arm. The bank should continue to feel a tailwind from a more constructive rate environment going forward.
Quarter Ended June 30, 2017
It was another strong quarter for equities, one that was largely void of any major macroeconomic developments. First quarter earnings reported for the S&P 500 Index were up +15% year-over -year. Even more impressively, 78% of S&P 500 companies beat consensus EPS estimates. Additionally, last quarter’s revenue results had the biggest surprise to the upside since the fourth quarter of 2014. That said, Russell 2000 Index earnings were largely flat quarter-over-quarter. Overall earnings growth expectations for small-cap stocks have declined as valuations, particularly within financials, appear stretched. This quarter, Ariel Appreciation Fund rose +0.73%, trailing
In addition, wealth management firm Northern Trust Corp. (NASDAQ:NTRS) surged +31.58% on broad news that boosted many financial companies. Donald Trump’s unexpected win is good news for banks, asset managers, and investment banks. And, as anticipated, in mid-December the Federal Reserve raised its federal funds target rate 25 basis points to the 0.50% to 0.75% range, which helps boost bank profits on deposits. The Northern Trust is performing well, but its recent rise was due to external events.
From [url=http://www.gurufocus.com/StockBuy.php?GuruName=John+Rogers]John Rogers[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=John+Rogers]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=John+Rogers]Portfolio[/url])' Ariel Appreciation Fund fourth quarter 2016 commentary.
Quarter Ended December 31, 2016
Entering the fourth quarter of 2016, it appeared domestic stocks would have a solid year and international equities a lackluster, yet positive one. After a divergent quarter, we had a great year in the U.S. and a flat year abroad. For 2016, the large-cap S&P 500 Index gained +11.96%, the small-cap Russell 2000 Index leapt +21.31%, while the developed-market MSCI EAFE Index eked out a +1.00% gain. As many know, the big surge after the surprising U.S. Presidential Election became known as the “Trump Bump.” The disparity between large-caps’ single digit fourth quarter gains and
According to GuruFocus' All-in-One Screener, the following stocks with market caps above $5 billion look cheap since they are trading with low price-sales (P/S) ratios.
ABB Ltd. ADRÂ (ABB) is trading at about $22 with a P/S ratio of 1.44, a trailing 12-month price-earnings (P/E) multiple of 28.73 and an estimated forward P/E multiple of 18.83. The company has a market cap of $47.2 billion, and the stock price has risen with an annualized rate of 5% over the last 10 years.
The DCF model gives the stock a fair value of $8.35, suggesting it is overpriced by
According to GuruFocus' list, these stocks have reached their 52-week highs.
Raytheon reached the 52-week high of $149.92
Raytheon Co. (RTN) is a technology company in the defense industry. It develops technological and integrated products, services and solutions in core markets: sensing; effects; command, control, communications, computers, cyber and intelligence among others. The company operates in five business segments: Integrated Defense Systems (IDS); Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint.
The price of Raytheon shares has reached $149.92, which is 1.8% off the 52-week high of $152.58. Raytheon has
Pennsylvania Trust Co.Â recentlyÂ filed its quarterly 13F where it reports all the trades had during the quarter.
According to it, the fund closed the second quarter of 2015 with a value of its portfolio of $1.69 billion (+9.30% from the previous quarter) and it bought 49 new stocks.
The following are the most weighted buys as impact on its portfolio:
It bought 36,465 shares of Allergan PLC (AGN), and the trade had an impact of 0.65% on its portfolio.
AGN is engaged in development, manufacturing, marketing, sale and distribution of generic, branded
State Street Corporation (STT) provides a range of products and services for institutional investors worldwide through its subsidiaries. Considering revenues reported in June 2013, the main products segments were Investment Servicing (66%), Investment Management (11%), and net interest revenue from the company's investment portfolio (23%). At that date, the company had more than $26 trillion of assets under custody and administration and $2 trillion of AUM. The firm's competitors include The Bank of New York Mellon Corporation (BK), JPMorgan Chase & Co. (JPM) and Northern Trust Corporation (NTRS).
Now, turning our attention to the future direction of the stock, let's
|2020-10-27 $ 80.7 (-1.86%)|
|2020-10-22 $ 85.76 (-0.01%)|
Fifth Third (FITB) Q3 Earnings Beat Estimates, Costs Decline - www.zacks.com
Sallie Mae (SLM) Q3 Earnings Beat Estimates, Provisions Fall - www.zacks.com
|2020-10-21 $ 85.77 (0.01%)|
Northern Trust (NTRS) Q3 Earnings Miss, Fee Income Climbs - www.zacks.com
|2020-10-20 $ 85.76 (0.41%)|
Why Northern Trust (NTRS) Might Surprise This Earnings Season - www.zacks.com
|2020-10-19 $ 85.41 (-2.25%)|
Fee Income to Support Northern Trust (NTRS) Q3 Earnings - www.zacks.com
|2020-10-16 $ 87.38 (0.41%)|
|2020-10-15 $ 87.02 (3.12%)|
5 Major Bank Stocks Set to Beat on Q3 Earnings Amid Low Rates - www.zacks.com
|2020-10-14 $ 84.39 (0.55%)|
4 GARP Stocks to Scoop Up for Maximum Returns - www.zacks.com
|2020-08-13 $ 82.65 (-1.69%)|
Low Rates, Coronavirus Mar Major Regional Bank Stock Outlook - www.zacks.com
|2020-07-23 $ 77.48 (2.46%)|
Fifth Third (FITB) Q2 Earnings Beat Estimates, Costs Decline - www.zacks.com
|2020-07-22 $ 75.62 (-5.27%)|
Northern Trust (NTRS) Q2 Earnings Beat Estimates, Provisions Up - www.zacks.com
|2020-07-20 $ 77.74 (0.04%)|
Will Low Fee Income Hurt Northern Trust's (NTRS) Q2 Earnings? - www.zacks.com
|2020-07-15 $ 80.55 (-1.35%)|
BNY Mellon (BK) Q2 Earnings & Revenues Beat, Provisions Jump - www.zacks.com
|2020-07-14 $ 81.65 (0.1%)|
Citigroup Allies With BlackRock to Boost Securities Services - www.zacks.com
|2020-07-08 $ 80.16 (2.97%)|
State Street (STT) and FNZ to Offer Wealth Manager Servicing - www.zacks.com
|2020-06-18 $ 82.62 (-1.43%)|
Here's Why You Should Hold On to Bank United (BKU) Stock Now - www.zacks.com
|2020-05-14 $ 72.26 (2.86%)|
Forget Citigroup, Northern Trust Is a Better Bank Stock - www.fool.com
|2020-04-23 $ 75.61 (-0.74%)|
Huntington (HBAN) Q1 Earnings Miss Estimates, Provisions Up - www.zacks.com
|2020-04-22 $ 76.17 (2.34%)|
4 Large Bank Stocks That Could Outperform the Sector - www.fool.com
|2020-04-21 $ 74.43 (-6.18%)|
Northern Trust (NTRS) Q1 Earnings Top Estimates, Provisions Up - www.zacks.com
Northern Trust Beats Profit Growth Expectations in Q1 - www.fool.com
|2020-04-20 $ 79.33 (-0.84%)|
Bank Stocks Q1 Earnings Due This Week: CMA, FITB, NTRS & More - www.zacks.com
Will High Fee Income Aid Northern Trust's (NTRS) Q1 Earnings? - www.zacks.com
|2020-04-17 $ 80 (2.62%)|
|2020-04-14 $ 83.39 (-0.19%)|
John Rogers Comments on Northern Trust - GuruFocus.com
|2020-04-09 $ 84.89 (1.81%)|
Major Regional Bank Stock Outlook Dim on Rate Cuts, Coronavirus - www.zacks.com
|2019-12-13 $ 109.88 (1.46%)|
|2019-12-04 $ 106.34 (0.98%)|
5 Companies Hit 52-Week Highs - GuruFocus.com
|2019-11-26 $ 107.46 (0.31%)|
|2019-11-08 $ 107.65 (0.36%)|
|2019-10-30 $ 102.35 (-0.18%)|
|2017-07-24 $ 87.9 (0.07%)|
John Rogers Comments on Northern Trust Corp - GuruFocus.com
|2017-01-20 $ 83.36 (-0.19%)|
John Rogers Comments on Northern Trust Corp - GuruFocus.com
|2011-11-01 $ 38.7 (-4.37%)|
Brian Rogers Bullish on Northern Trust - GuruFocus.com
|2011-07-28 $ 44.64 (-0.49%)|
|2011-07-27 $ 44.86 (-1.62%)|
|2011-02-25 $ 52.21 (0.13%)|
Northern Trust Corp. Reports Operating Results (10-K) - GuruFocus.com
|2010-10-27 $ 50.31 (-0.51%)|
|2010-07-30 $ 46.99 (-1.05%)|
|2010-04-30 $ 54.98 (-1.2%)|
|2009-10-30 $ 50.25 (-2.07%)|
|2009-07-30 $ 58.54 (1.23%)|
|2009-04-09 $ 64.12 (9.98%)|
Less Government Meddling, Please - GuruFocus.com