Northern Trust (NTRS) Tops Q3 EPS by 7c, Beats on Revenues

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Northern Trust (NTRS) PT Raised to $102 at BofA/Merrill Lynch Following 3Q

October 19, 2017 10:05 AM EDT

BofA/Merrill Lynch raised its price target on Northern Trust (NASDAQ: NTRS) to $102.00 (from $97.00) while maintaining a Buy rating following the company's 3Q earnings release. NTRS reported EPS of $1.20, above the Street's estimates of $1.12, due to a lower tax rate.

Analyst Michael Carrier... More

Northern Trust (NTRS) PT Raised to $91 at Morgan Stanley

October 19, 2017 8:44 AM EDT

Morgan Stanley raised its price target on Northern Trust (NASDAQ: NTRS) to $91.00 (from $83.00) while maintaining a Underweight rating.

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Northern Trust (NTRS) Declares $0.42 Quarterly Dividend; 1.8% Yield

October 17, 2017 4:30 PM EDT

Northern Trust (NASDAQ: NTRS) declared a quarterly dividend of $0.42 per share, or $1.68 annualized.

The dividend will be payable on January 1, 2018, to stockholders of record on December 1, 2017, with an ex-dividend date of November 30, 2017.

The annual yield on the dividend is 1.8 percent.

For... More

Northern Trust (NTRS) Announces Michael O’Grady as New CEO; Effective January 1, 2018

October 17, 2017 4:14 PM EDT

Northern Trust Corporation (NASDAQ: NTRS) announced today that Frederick H. Waddell, 64, Chairman and Chief Executive Officer, will be stepping down from his role as Chief Executive Officer on January 1, 2018. Michael G. OGrady, 52, will assume the role of Chief Executive Officer on January 1, in addition to his current position as President. Waddell, who has served as Chief Executive Officer since January 2008, will remain as Chairman of the Board, a position he has held since November 2009.

It has been my privilege to serve as Chief Executive Officer for... More