Northern Trust Corporation has been a trending topic in the market in recent weeks, with its stocks consistently performing, albeit underperforming the market on many occasions. The company's
insider trading seems to be active with an executive disposing over $338k in stock. Despite some missed analyst projections in their Q1 earnings report estimated at $0.96 per share, Northern Trust Corporation's stocks have had strong momentum. This trend is backed by
Zacks Industry Outlook that highlights both Wells Fargo and Northern Trust, indicating potential growth. Northern Trust topped Q1 earning estimates and yielded solid gains for institutional plans in Q1 as global equity market surged. Amid market challenges, Q1 earnings beat despite a fall in revenues. The Northern Trust Universe Data indicates positive performance, outperforming competitors on strong trading days. Their stock price forecast is fixed at $84.92. Despite a slump due to profit miss in Q1, Northern Trust still holds strong with solid institutional backing boasting of 85% institutional ownership. A quarterly financial filing revealed potential for future growth for Northern Trust. Their stocks have been quite volatile, often underperforming competitors but also sometimes outperforming them during strong trading days. Finally, Northern Trust was named as the 'Best Private Bank in the U.S. for Digital Wealth Planning' and the 'Best Digital Innovator of the Year in U.S.', emphasizing their strong standing and potential in digital wealth management.
Northern Trust Corp NTRS News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Tue, 07 May 2024 12:17:18 GMT -
Rating 4
- Innovation 5
- Information 6
- Rumor -5
