Northern Trust Corporation (NTRS) has recently experienced a mix of transactions and developments. NTRS shares were sold by several firms including
Royal Bank of Canada, Raymond James Financial Inc., CoreBridge Financial Inc., and Rafferty Asset Management LLC. On the other hand, many have expanded their stakes in NTRS, notable among them being
Magnetar Financial LLC, Mubadala Investment Co PJSC, Groupe la Francaise, and AlphaQuest LLC. Significant growth has been noted in NTRS’s stock as apparent from consistent purchases by numerous funds and firms. NTRS recently appointed
Michael Hunstad as President of the Asset Management Business. Q2 Earnings surpassed estimates thereby showcasing strong financial performance. Circulating rumors suggest Northern Trust has stated its commitment to remaining independent. A
7% increase in its quarterly common stock dividend has been announced. Northern Trust has also initiated a substantial share repurchase program, indicating confidence in its stock's intrinsic value. Additionally, a deal has been secured for asset servicing for
NMERB's US$18 billion fund, reinforcing NTRS's stature in the asset management industry. Finally, while NTRS's independence talks continue, it appears poised for more growth in the fiscal years
Northern Trust Corp NTRS News Analytics from Thu, 23 Jan 2025 08:00:00 GMT to Sat, 06 Sep 2025 10:33:14 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -6
