Northern Trust Corporation (NTRS) has been confronted with a variety of market activity and strategic initiatives. Various institutional investors, including U S Global Investors Inc. and National Pension Service, sold their shares in NTRS, whereas Y Intercept Hong Kong Ltd, Handelsbanken Fonder AB and Fisher Funds Management LTD increased their holdings. The corporation's short interest has been attracting attention, while its Q4 performance supported by NII & Fee Income has also been a point of interest. A notable strategic initiative by NTRS was expanding its Australian footprint by securing an AU$1.5B custody deal and being appointed as an asset servicing provider by Australian insurer, Generation Life. In addition to this, Northern Trust Asset Management enhanced its global quantitative investment strategies team and has reportedly seen an increase in their wealth client group. The corporation declared a dividend of $0.75 and has received a consensus recommendation of 'Hold' from analysts. Amongst notable partnerships, Northern Trust strengthened its collaboration with Alchemy in asset servicing business expansion and with Foundation Source to support its modern private foundation management services.
Northern Trust Corp NTRS News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:36:50 GMT -
Rating 4
- Innovation 2
- Information 5
- Rumor -3
