Northern Trust Corporation (NTRS) remains a strong contender in the asset management industry, consistently recognized as a top pick by hedge funds and earning accolades throughout the sector.
Geode Capital Management and
HighTower Advisors have adjusted their positions in the company, while
Avanza Fonder and
First Sentier Investors have chosen Northern Trust to provide integrated trading solutions and act as their third-party administrator.
Y Intercept Hong Kong,
Weiss Asset Management, and
Kovitz Investment Group Partners, among others, have made considerable investments in the firm. Notably, Northern Trust continues to strengthen its internal structure, with key appointments and leadership changes; the recent appointment of
Jordon Voss as Pacific Northwest President is a prominent example. Reflecting its solid financials, the firm has declared a dividend of $0.75. Northern Trust also reported encouraging Q3 2024 financial results, demonstrating strong performance - a fact that has not gone unnoticed by Morgan Stanley, which recently upgraded the company's stock rating. The firm is said to be gearing up for additional positive announcements. What's more, Northern Trust won the Triple Crown at PWM Awards and has launched an advanced collateral management platform in collaboration with
CloudMargin. As a result, the company enjoys an 87% institutional ownership, outlining its solidity and reliability in the market.
Northern Trust Corp NTRS News Analytics from Tue, 25 Jun 2024 07:00:00 GMT to Sat, 14 Dec 2024 20:50:40 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 3
