Northern Trust Co. (NASDAQ:NTRS) has observed multiple noteworthy events recently. An insider sold 12,000 shares of the company stock. On numerous weekdays, Northern Trust underperformed when compared to competitors. Yet, the firm revealed a new group for digital assets. Additionally, Ieq Capital LLC purchased 2867 shares of Northern Trust. The corporation is considered a valuable asset at present as its Q1 earnings were higher than expected. Conversely, Northern Trust's stock devolved at the beginning of the week. The company announced Q1 2024 earnings but missed the analyst projections by reporting $0.96 per share. On another positive note, the Q2 earnings and revenues surpassed estimates. Despite the disappointing Q3 net income of $327.8 million, Northern Trust continues to secure major partnerships, such as being appointed as Custodian for Firefighters' Retirement System of Louisiana. Lastly, analysts have given the northern trust a hold recommendation.
Northern Trust Corp NTRS News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Sun, 19 May 2024 11:03:36 GMT -
Rating -1
- Innovation -3
- Information 2
- Rumor -5
