Northern Trust Corp (NTRS) maintains continued strength in the market, accompanied by notable financial activity and corporate developments. The company demonstrated efficient resource management through announcing dividend payments of $0.75, proving advantageous for shareholders. Major acquisitions were made, with
Quantinno Capital Management,
Verition Fund Management, and
NFJ Investment Group significantly increasing their NTRS stake. NTRS is reported to have underperformed compared to its competitors in a few sessions. However, it bounced back, evidenced by a 2.30% increase in a week. Its stock is immensely popular among institutional owners, with 87% ownership. NTRS has also successfully closed a significant custody deal with
Fiji's National Pension Fund. The upcoming Goldman Sachs Financial Services Conference will feature Northern Trust's CEO, showing promising exposure for the company. The financial reports show an upward trajectory for NTRS as it conquers Q3 earnings and revenue estimate, and its strong momentum is poised for the long term. Lastly,
Northern Trust Asset Management has made major appointments and foresees U.S stocks outperforming, indicating optimism for the future.
Northern Trust Corp NTRS News Analytics from Tue, 25 Jun 2024 07:00:00 GMT to Sat, 07 Dec 2024 10:44:34 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor 2
