Northern Trust Corporation (NTRS) has been making significant moves in recent times. They are expected to beat estimates again in the next earnings report due to a strong business model and consistent financial performance.
Everence Capital Management has boosted its stake in the company, showcasing trust in its financial health.
Morgan Stanley, however, has lowered the stock's price target slightly. NTRS has made some strategic decisions, including strengthening their private wealth sales and distribution department and announcing leadership changes in their wealth management team. They have also expanded their global partnership with
First Sentier Investors and won a major custody deal with
Fiji's National Pension Fund. They have seen strong performance in recent quarters as evidenced by the quarterly earnings reports, and are now advancing in initiatives such as launching an advanced collateral management platform in collaboration with CloudMargin. Their strategic collaboration with Hamilton Lane is set to provide advanced private market analytics and decision support. Despite the positive news, the stock has experienced some short-term dips.
Northern Trust Corp NTRS News Analytics from Wed, 05 Jun 2024 07:00:00 GMT to Sat, 04 Jan 2025 17:53:32 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 6
