Northern Trust Co.
(NASDAQ:NTRS) is currently experiencing a period of fluctuations as some investors have been selling shares like
Versor Investments and
International Assets Investment Management. Despite this, its stock is continuing to rise, although it does still underperform in the market. Numerous companies such as Apollon Wealth Management and Massachusetts Financial Services have been acquiring its stocks. Simultaneously, the
Firefighters' Retirement System of Louisiana appoints Northern Trust as the custodian, reinforcing its reputation as a valuable asset manager. The company fell short of some analyst's projections for Q1 earnings per share, reporting $0.96 per share rather than their anticipated value. However, Northern Trust has continuously managed to top quarterly earnings estimates, and have been upgraded to a strong buy rating by certain analysts. The corporation recently acquired
Parilux Investment Technology, showing expansion into innovative fields. Despite a recent earnings miss, Northern Trust remains bullish with 85% institutional ownership and has just released its dividends.
Northern Trust Corp NTRS News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Thu, 16 May 2024 18:19:33 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor -4
