Blair William & Co. IL Has $14.48 Million Holdings in Northern Trust Co. (NASDAQ:NTRS)

Blair William & Co. IL lessened its stake in shares of Northern Trust Co. (NASDAQ:NTRS - Free Report) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 141,291 shares of the asset manager's stock after selling 3,040 shares during the period. Blair William & Co. IL owned about 0.07% of Northern Trust worth $14,482,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of Northern Trust by 9.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,296,442 shares of the asset manager's stock worth $386,809,000 after purchasing an additional 388,692 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Northern Trust by 1.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,577,091 shares of the asset manager's stock valued at $141,986,000 after purchasing an additional 16,500 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Northern Trust by 0.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,267,406 shares of the asset manager's stock worth $129,909,000 after buying an additional 8,102 shares during the period. KBC Group NV grew its stake in Northern Trust by 201.6% in the 4th quarter. KBC Group NV now owns 963,811 shares of the asset manager's stock valued at $98,791,000 after buying an additional 644,261 shares during the last quarter. Finally, Boston Trust Walden Corp raised its holdings in Northern Trust by 1.6% in the 4th quarter. Boston Trust Walden Corp now owns 928,854 shares of the asset manager's stock valued at $95,208,000 after acquiring an additional 14,362 shares during the period. 83.19% of the stock is owned by institutional investors and hedge funds.

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Insider Transactions at Northern Trust

In other Northern Trust news, insider John Landers sold 900 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.44, for a total value of $100,296.00. Following the transaction, the insider now owns 7,640 shares in the company, valued at approximately $851,401.60. This represents a 10.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jason J. Tyler sold 2,237 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $112.67, for a total value of $252,042.79. Following the sale, the insider now owns 58,449 shares of the company's stock, valued at approximately $6,585,448.83. This represents a 3.69 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,335 shares of company stock valued at $3,970,211. Corporate insiders own 0.77% of the company's stock.

Northern Trust Trading Up 1.5 %

Shares of Northern Trust stock traded up $1.50 during midday trading on Monday, reaching $98.65. The company had a trading volume of 1,792,881 shares, compared to its average volume of 1,230,706. The firm has a market cap of $19.31 billion, a PE ratio of 10.09, a P/E/G ratio of 1.72 and a beta of 1.07. The stock has a fifty day moving average price of $107.04 and a 200 day moving average price of $102.99. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.71. Northern Trust Co. has a fifty-two week low of $79.32 and a fifty-two week high of $114.67.

Northern Trust (NASDAQ:NTRS - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The asset manager reported $2.26 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.30. Northern Trust had a net margin of 12.77% and a return on equity of 13.74%. On average, equities analysts anticipate that Northern Trust Co. will post 8.27 earnings per share for the current year.

Northern Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.00 dividend on an annualized basis and a yield of 3.04%. Northern Trust's payout ratio is currently 30.67%.

Analyst Upgrades and Downgrades

NTRS has been the subject of a number of research reports. Keefe, Bruyette & Woods lifted their target price on Northern Trust from $113.00 to $122.00 and gave the stock a "market perform" rating in a report on Friday, January 24th. Citigroup cut their target price on Northern Trust from $110.00 to $105.00 and set a "neutral" rating for the company in a research report on Monday, March 24th. Royal Bank of Canada raised their price target on Northern Trust from $107.00 to $115.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. UBS Group lifted their price objective on shares of Northern Trust from $110.00 to $114.00 and gave the company a "neutral" rating in a research note on Monday, January 27th. Finally, The Goldman Sachs Group upped their target price on Northern Trust from $92.00 to $102.00 and gave the stock a "sell" rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $113.46.

Northern Trust Profile

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.