Northern Trust Corporation $NTRS Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH cut its stake by 25.1%, selling 58,548 shares and ending the quarter with 174,419 NTRS shares worth about $23.8 million; institutional investors own roughly 83.19% of the company.
• Northern Trust beat quarterly expectations, reporting EPS of $2.71 versus $2.37 and revenue of $2.21 billion (up 13.8% year-over-year), and announced a $0.80 quarterly dividend (2.0% yield).
• Analyst sentiment is mixed with a consensus rating of Hold and a $163.55 average target, though several brokers recently raised price targets (e.g., RBC to $178 and Truist/BMO increases).

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Northern Trust Corporation (NASDAQ:NTRS - Free Report) by 25.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,419 shares of the asset manager's stock after selling 58,548 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.09% of Northern Trust worth $23,832,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its position in shares of Northern Trust by 13.3% during the 1st quarter. Empowered Funds LLC now owns 20,112 shares of the asset manager's stock valued at $1,984,000 after acquiring an additional 2,363 shares during the last quarter. Woodline Partners LP boosted its position in shares of Northern Trust by 39.1% during the 1st quarter. Woodline Partners LP now owns 16,557 shares of the asset manager's stock valued at $1,633,000 after acquiring an additional 4,653 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Northern Trust by 79.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the asset manager's stock valued at $171,000 after acquiring an additional 596 shares during the last quarter. WINTON GROUP Ltd acquired a new position in shares of Northern Trust during the 2nd quarter valued at about $267,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of Northern Trust by 4.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 29,290 shares of the asset manager's stock valued at $3,714,000 after acquiring an additional 1,275 shares during the last quarter. Institutional investors and hedge funds own 83.19% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Zacks Research cut shares of Northern Trust from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 10th. Royal Bank Of Canada boosted their price target on shares of Northern Trust from $159.00 to $178.00 and gave the company an "outperform" rating in a research report on Wednesday. Truist Financial boosted their price target on shares of Northern Trust from $155.00 to $176.00 and gave the company a "hold" rating in a research report on Wednesday. BMO Capital Markets raised shares of Northern Trust from a "market perform" rating to an "outperform" rating and set a $168.00 price target on the stock in a research report on Monday, April 6th. Finally, Citigroup assumed coverage on shares of Northern Trust in a research report on Monday, February 23rd. They set a "neutral" rating on the stock. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Northern Trust has an average rating of "Hold" and a consensus target price of $163.55.

Insider Transactions at Northern Trust

In related news, insider Guy Gibson sold 3,009 shares of the business's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $142.39, for a total value of $428,451.51. Following the sale, the insider directly owned 29,332 shares in the company, valued at approximately $4,176,583.48. The trade was a 9.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Clive Bellows sold 1,148 shares of the business's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $145.26, for a total transaction of $166,758.48. Following the completion of the sale, the insider owned 34,133 shares in the company, valued at approximately $4,958,159.58. This trade represents a 3.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 34,905 shares of company stock worth $5,166,714 in the last 90 days. Insiders own 0.66% of the company's stock.

Northern Trust News Summary

Here are the key news stories impacting Northern Trust this week:

• Positive Sentiment: Multiple brokerages have issued bullish notes or raised expectations for NTRS this week, supporting investor optimism and helping drive recent gains. Read More.
• Positive Sentiment: Zacks upgraded Northern Trust to a Zacks Rank #1 (Strong Buy) and included the stock on momentum lists — a signal that institutional and momentum-focused traders may keep buying. Read More.
• Positive Sentiment: Business win: Northern Trust was selected to provide asset servicing for the $15 billion Sacramento County Employees’ Retirement System — a revenue/asset-servicing credential that supports growth expectations. Read More.
• Positive Sentiment: Partnership/operations: Northern Trust expanded its collaboration with Saphyre to improve trade/onboarding processes — incremental operational improvements that reduce friction and can support margins over time. Read More.
• Neutral Sentiment: Short-term momentum coverage and commentary (e.g., Zacks piece noting a 1-week gain) may attract traders but is descriptive rather than fundamentally new information. Read More.
• Neutral Sentiment: Data anomaly: one short-interest report for Apr 24 shows "0 shares / NaN" (likely a reporting error) — treat that specific data point as unreliable.
• Negative Sentiment: Short interest increased to 2,592,826 shares as of Apr 15 (up ~16.6% vs Mar 31), ~1.4% of shares and ~3 days-to-cover based on average volume — higher shorting raises the potential for downside pressure and may explain some intraday weakness.

Northern Trust Stock Down 0.8%

Shares of NTRS opened at $164.01 on Friday. The firm has a market cap of $30.39 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 1.20 and a beta of 1.23. Northern Trust Corporation has a 12-month low of $91.28 and a 12-month high of $173.18. The company's 50-day moving average price is $145.64 and its 200 day moving average price is $139.81. The company has a current ratio of 0.62, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51.

Northern Trust (NASDAQ:NTRS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The asset manager reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.34. The firm had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.13 billion. Northern Trust had a net margin of 12.84% and a return on equity of 15.94%. Northern Trust's revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.90 EPS. On average, sell-side analysts forecast that Northern Trust Corporation will post 10.58 earnings per share for the current year.

Northern Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Friday, June 5th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, June 5th. Northern Trust's payout ratio is 33.51%.

About Northern Trust

Northern Trust Corporation NASDAQ: NTRS is a global financial services firm headquartered in Chicago that provides asset servicing, asset management and wealth management solutions to institutions, corporations and high-net-worth individuals. The company's core businesses include custody and fund administration, investment operations outsourcing, trust and fiduciary services, private banking, and retirement and defined contribution plan services.

Northern Trust's product and service offerings span custody and fund accounting, portfolio and performance analytics, securities lending, cash management and foreign exchange, as well as discretionary and non-discretionary investment management.

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