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Hot Stocks
Northern Trust announces alliance with BlackRock amid Whole Office strategy » 10:02
05/28/20
05/28
10:02
05/28/20
10:02
BLK

BlackRock

$540.17 /

+4.615 (+0.86%)

, NTRS

Northern Trust

$81.58 /

-1.23 (-1.49%)

As part of its continuing…

As part of its continuing strategy to provide integrated products, services and technology across the entire investment lifecycle, Northern Trust (NTRS) has entered into a strategic alliance with BlackRock (BLK) to deliver enhanced operations, data, and servicing capabilities to mutual clients. These new capabilities, delivered through Aladdin, BlackRock's investment management and operations platform, provide clients with increased efficiency, interoperability and transparency across the back, middle and front office. The relationship with BlackRock currently supports mutual clients and is an extension of Northern Trust Whole Office(TM), an approach that integrates Northern Trust's global asset servicing platform with innovative partners, facilitating client access to new technologies, services and solutions.

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NTRS Northern Trust
$81.58 /

-1.23 (-1.49%)

BLK BlackRock
$540.17 /

+4.615 (+0.86%)

BLK BlackRock
$540.17 /

+4.615 (+0.86%)

05/14/20 Wells Fargo
BlackRock price target raised to $530 from $495 at Wells Fargo
05/12/20 Stephens
PNC Financial upgraded to Overweight from Equal Weight at Stephens
04/17/20 BMO Capital
BlackRock price target raised to $441 from $386 at BMO Capital
04/17/20 Barclays
BlackRock price target raised to $515 from $495 at Barclays
NTRS Northern Trust
$81.58 /

-1.23 (-1.49%)

04/05/20 UBS
UBS downgrades Northern Trust to Sell on downside earnings risk
04/05/20 UBS
Northern Trust downgraded to Sell from Neutral at UBS
03/31/20 Deutsche Bank
BNY Mellon named 'Buy Catalyst Call' at Deutsche Bank
03/25/20 Wolfe Research
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research
NTRS Northern Trust
$81.58 /

-1.23 (-1.49%)

BLK BlackRock
$540.17 /

+4.615 (+0.86%)

BLK BlackRock
$540.17 /

+4.615 (+0.86%)

NTRS Northern Trust
$81.58 /

-1.23 (-1.49%)

BLK BlackRock
$540.17 /

+4.615 (+0.86%)

BLK BlackRock
$540.17 /

+4.615 (+0.86%)

Over a month ago
Earnings
Northern Trust reports Q1 EPS $1.55, consensus $1.45 » 07:35
04/21/20
04/21
07:35
04/21/20
07:35
NTRS

Northern Trust

$79.33 /

-0.58 (-0.73%)

Reports Q1 book value per…

Reports Q1 book value per share $48.04. Reports Q1 net charge-offs 0.7%. Reports Q1 CET1 capital ratio 11.7%. "The ongoing pandemic has brought health and economic challenges on an unprecedented global scale," said Michael O'Grady, chairman and CEO. "Our focus during this time has been on the safety of our staff, serving our clients, and supporting our communities. We have maintained mission critical services to our clients even as we transitioned the vast majority of our staff to a remote work environment. We have also continued our long-standing focus on supporting our communities, including facilitating loans through the Small Business Administration Paycheck Protection Program and providing philanthropic support to several nonprofit organizations around the world, beginning with those focused on immediate healthcare, food, and other humanitarian relief efforts."

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NTRS Northern Trust
$79.33 /

-0.58 (-0.73%)

04/05/20 UBS
UBS downgrades Northern Trust to Sell on downside earnings risk
04/05/20 UBS
Northern Trust downgraded to Sell from Neutral at UBS
03/31/20 Deutsche Bank
BNY Mellon named 'Buy Catalyst Call' at Deutsche Bank
03/25/20 Wolfe Research
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research
Downgrade
UBS downgrades Northern Trust to Sell on downside earnings risk » 21:40
04/05/20
04/05
21:40
04/05/20
21:40
NTRS

Northern Trust

$77.18 /

+0.26 (+0.34%)

, BK

BNY Mellon

$33.69 /

+ (+0.00%)

UBS analyst Brennan…

UBS analyst Brennan Hawken downgraded Northern Trust (NTRS) to Sell from Neutral with a price target of $65, down from $105. The bank is more at risk to negative earnings revisions than peers, says the analyst, whose updated 2021 estimates are 33% below consensus. However, Northern Trust's valuation premium to peers is several standard deviation above its long-term average, Hawken tells investors in a research note. As such, the company "far more vulnerable to downside," contends Hawken. Among the trust banks, the analyst continues to prefer BNY Mellon (BK).

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NTRS Northern Trust
$77.18 /

+0.26 (+0.34%)

04/05/20 UBS
Northern Trust downgraded to Sell from Neutral at UBS
03/31/20 Deutsche Bank
BNY Mellon named 'Buy Catalyst Call' at Deutsche Bank
03/25/20 Wolfe Research
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research
03/24/20 Goldman Sachs
Northern Trust downgraded to Neutral from Buy at Goldman Sachs
BK BNY Mellon
$33.69 /

+ (+0.00%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
BNY Mellon upgraded to Outperform from Market Perform at Keefe Bruyette
03/30/20 Credit Suisse
BNY Mellon price target lowered to $44 from $54 at Credit Suisse
Downgrade
Northern Trust downgraded to Sell from Neutral at UBS » 21:13
04/05/20
04/05
21:13
04/05/20
21:13
NTRS

Northern Trust

$77.18 /

+0.26 (+0.34%)

UBS analyst Brennan…

UBS analyst Brennan Hawken downgraded Northern Trust to Sell from Neutral with a price target of $65, down from $105.

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NTRS Northern Trust
$77.18 /

+0.26 (+0.34%)

03/31/20 Deutsche Bank
BNY Mellon named 'Buy Catalyst Call' at Deutsche Bank
03/25/20 Wolfe Research
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research
03/24/20 Goldman Sachs
Northern Trust downgraded to Neutral from Buy at Goldman Sachs
03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
Hot Stocks
Northern Trust 2020 Annual Meeting of Stockholders to be held as virtual event » 16:33
04/01/20
04/01
16:33
04/01/20
16:33
NTRS

Northern Trust

$73.11 /

-2.4 (-3.18%)

Northern Trust announced…

Northern Trust announced a change in location of its 2020 Annual Meeting of Stockholders, scheduled to take place on Tuesday, April 21 at 10:30 a.m. Central Time. In light of recent public health concerns regarding COVID-19, the Annual Meeting will be held solely by remote communication, in a virtual-only format.

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NTRS Northern Trust
$73.11 /

-2.4 (-3.18%)

03/31/20 Deutsche Bank
BNY Mellon named 'Buy Catalyst Call' at Deutsche Bank
03/25/20 Wolfe Research
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research
03/24/20 Goldman Sachs
Northern Trust downgraded to Neutral from Buy at Goldman Sachs
03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
Recommendations
BNY Mellon named 'Buy Catalyst Call' at Deutsche Bank » 07:56
03/31/20
03/31
07:56
03/31/20
07:56
BK

BNY Mellon

$33.99 /

+1.46 (+4.49%)

, NTRS

Northern Trust

$75.93 /

+1.84 (+2.48%)

Deutsche Bank analyst…

Deutsche Bank analyst Brian Bedell placed a "Buy Catalyst Call" on shares of BNY Mellon (BNY), hedged against Northern Trust (NTRS). The analyst believes BNY's Q1 earnings should exceed current consensus expectations and that the stock should outperform Northern Trust during the Q1 earnings reason.

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BK BNY Mellon
$33.99 /

+1.46 (+4.49%)

03/30/20 Credit Suisse
BNY Mellon price target lowered to $44 from $54 at Credit Suisse
03/24/20 Goldman Sachs
BNY Mellon upgraded to Buy from Neutral at Goldman Sachs
03/16/20 Citi
BNY Mellon price target lowered to $45 from $53 at Citi
01/21/20 Citi
BNY Mellon upgraded to Buy from Neutral at Citi
NTRS Northern Trust
$75.93 /

+1.84 (+2.48%)

03/25/20 Wolfe Research
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research
03/24/20 Goldman Sachs
Northern Trust downgraded to Neutral from Buy at Goldman Sachs
03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
01/23/20 Buckingham
Northern Trust price target lowered to $112 from $115 at Buckingham
Upgrade
Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research » 08:28
03/25/20
03/25
08:28
03/25/20
08:28
NTRS

Northern Trust

$69.86 /

+6.76 (+10.71%)

Wolfe Research analyst…

Wolfe Research analyst Steven Chubak upgraded Northern Trust to Peer Perform from Underperform.

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NTRS Northern Trust
$69.86 /

+6.76 (+10.71%)

03/24/20 Goldman Sachs
Northern Trust downgraded to Neutral from Buy at Goldman Sachs
03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
01/23/20 Buckingham
Northern Trust price target lowered to $112 from $115 at Buckingham
01/09/20 Buckingham
Buckingham says buy brokerage stocks over banks in 2020
Downgrade
Northern Trust downgraded to Neutral from Buy at Goldman Sachs » 06:27
03/24/20
03/24
06:27
03/24/20
06:27
NTRS

Northern Trust

$63.10 /

-1.45 (-2.25%)

Goldman Sachs analyst…

Goldman Sachs analyst Alexander Blostein downgraded Northern Trust to Neutral from Buy with a price target of $70, down from $96. Although the company remains one of the faster organically growing franchises in the space with ample excess capital and limited credit risk, its earnings have the greatest risk for further downside from here should the macroeconomic backdrop worsen, Blostein tells investors in a research note. Northern Trust has the least defensive revenue mix of the trust banks, says the analyst.

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NTRS Northern Trust
$63.10 /

-1.45 (-2.25%)

03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
01/23/20 Buckingham
Northern Trust price target lowered to $112 from $115 at Buckingham
01/09/20 Buckingham
Buckingham says buy brokerage stocks over banks in 2020
01/09/20 Buckingham
Northern Trust downgraded to Neutral on valuation at Buckingham
Hot Stocks
Northern Trust temporarily suspends purchase share repurchases » 16:43
03/16/20
03/16
16:43
03/16/20
16:43
NTRS

Northern Trust

$62.22 /

-13.82 (-18.17%)

Northern Trust…

Northern Trust Corporation announced that it has temporarily suspended purchases of its common stock under its share repurchase program. The decision is consistent with broader efforts, including actions of other large U.S.-based banks, to mitigate the impact of the COVID-19 pandemic on individuals, businesses and the economy by maintaining strong capital levels and liquidity in the U.S. financial system. Northern Trust retains the ability to resume purchases of its common stock under its share repurchase program as soon as circumstances warrant. Northern Trust remains strong and well-capitalized. Northern Trust has consistently passed the Federal Reserve's annual stress tests with strong performance and has ample capital and liquidity to serve our clients even during a severe economic downturn.

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NTRS Northern Trust
$62.22 /

-13.82 (-18.17%)

03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
01/23/20 Buckingham
Northern Trust price target lowered to $112 from $115 at Buckingham
01/09/20 Buckingham
Buckingham says buy brokerage stocks over banks in 2020
01/09/20 Buckingham
Northern Trust downgraded to Neutral on valuation at Buckingham
Hot Stocks
Northern Trust lowers prime rate to 3.25% from 4.25%, effective March 16  11:43
03/16/20
03/16
11:43
03/16/20
11:43
NTRS

Northern Trust

$70.18 /

-5.86 (-7.71%)

 
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NTRS Northern Trust
$70.18 /

-5.86 (-7.71%)

03/13/20 Citi
Northern Trust price target lowered to $85 from $110 at Citi
01/23/20 Buckingham
Northern Trust price target lowered to $112 from $115 at Buckingham
01/09/20 Buckingham
Buckingham says buy brokerage stocks over banks in 2020
01/09/20 Buckingham
Northern Trust downgraded to Neutral on valuation at Buckingham

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