Northern Trust Corp (NTRS) glittered in the news with its Strategic
SWOT insight, additions to the
Wealth Client Group Team, and consignment by
New York State Teachers Retirement System and
Raymond James & Associates. Insider trading occurred with the vice chairman and EVP Susan Levy selling considerable stock. Yet, NTRS remains a
Strong Momentum Stock showing steadfast growth. Defined as a solid choice, NTRS went through an upgrade to
Strong Buy. NTRS also welcomed custodianship of
Cadent Gas Pension Trustee Limited's £4.6 Billion Pension Scheme. Forecasts impress post-beating Q3 earnings and revenue estimates, attributing to strong performance, surging estimates and higher fee income. Significantly, Northern Trust has declared quarterly dividends on common and preferred stock, affirming its dividend of $0.75.
Institutional owners hold 85% of the company, reinforcing investor confidence. Key metrics and leadership changes were cited, with added anticipation on upcoming dividends.
Partnerships as with Hamilton Lane and outsourcing agreements as with True Potential and Nedgroup, further strengthened the firm’s growth trajectory. Lastly, Northern Trust lives up to its social commitment to inclusivity and financial literacy.
Northern Trust Corp NTRS News Analytics from Tue, 27 Feb 2024 08:00:00 GMT to Sat, 02 Nov 2024 08:44:11 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 1
