Reilly Financial Advisors LLC raised its holdings in Northern Trust Co. (NASDAQ:NTRS) by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,974 shares of the asset manager’s stock after purchasing an additional 3,150 shares during the period. Reilly Financial Advisors LLC owned about 0.05% of Northern Trust worth $10,078,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Associated Banc Corp grew its holdings in Northern Trust by 0.3% in the first quarter. Associated Banc Corp now owns 36,404 shares of the asset manager’s stock valued at $3,291,000 after purchasing an additional 103 shares during the period. Shine Investment Advisory Services Inc. grew its holdings in Northern Trust by 24.5% in the first quarter. Shine Investment Advisory Services Inc. now owns 574 shares of the asset manager’s stock valued at $52,000 after purchasing an additional 113 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in Northern Trust by 0.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 23,331 shares of the asset manager’s stock valued at $2,100,000 after purchasing an additional 136 shares during the period. Brand Asset Management Group Inc. acquired a new stake in Northern Trust in the first quarter valued at approximately $38,000. Finally, Boston Family Office LLC grew its holdings in Northern Trust by 0.8% in the first quarter. Boston Family Office LLC now owns 17,851 shares of the asset manager’s stock valued at $1,614,000 after purchasing an additional 150 shares during the period. 78.74% of the stock is currently owned by institutional investors.

In related news, EVP Robert P. Browne sold 12,156 shares of Northern Trust stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $86.88, for a total transaction of $1,056,113.28. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.15% of the company’s stock.

NTRS has been the topic of several research reports. Morgan Stanley raised their target price on Xilinx from $126.00 to $134.00 and gave the company an “overweight” rating in a research report on Thursday. Zacks Investment Research upgraded HANNOVER RUECK/S from a “sell” rating to a “hold” rating in a research report on Friday, May 17th. BidaskClub downgraded Woodward, Inc.Common Stock from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Citigroup upgraded Infosys from a “neutral” rating to a “buy” rating in a research report on Friday, July 12th. Finally, Deutsche Bank restated a “buy” rating and issued a GBX 4,000 ($52.27) target price on shares of in a research report on Tuesday, June 18th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $105.92.

Northern Trust stock traded down $0.16 during trading on Monday, reaching $99.48. 20,217 shares of the company were exchanged, compared to its average volume of 1,347,710. Northern Trust Co. has a 52-week low of $75.96 and a 52-week high of $115.61. The firm has a market capitalization of $21.69 billion, a P/E ratio of 14.78, a P/E/G ratio of 1.90 and a beta of 1.13. The company has a quick ratio of 0.63, a current ratio of 0.64 and a debt-to-equity ratio of 0.40. The firm’s 50 day moving average price is $90.23.

Northern Trust (NASDAQ:NTRS) last announced its quarterly earnings data on Wednesday, July 24th. The asset manager reported $1.75 EPS for the quarter, topping the Zacks’ consensus estimate of $1.68 by $0.07. Northern Trust had a return on equity of 15.74% and a net margin of 22.20%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the business posted $1.68 earnings per share. The firm’s revenue was down .1% compared to the same quarter last year. Equities research analysts predict that Northern Trust Co. will post 6.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be given a dividend of $0.70 per share. This is an increase from Northern Trust’s previous quarterly dividend of $0.60. The ex-dividend date is Thursday, September 12th. This represents a $2.80 dividend on an annualized basis and a yield of 2.81%. Northern Trust’s dividend payout ratio (DPR) is presently 35.66%.

Northern Trust Profile

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management.

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Institutional Ownership by Quarter for Northern Trust (NASDAQ:NTRS)

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