Northern Belief (NASDAQ:NTRS) was downgraded by equities analysis analysts at JPMorgan Chase & Co. from a “impartial” score to an “underweight” score in a be aware issued to buyers on Tuesday, AR Community reviews.
NTRS has been the topic of a lot of different analysis reviews. Credit score Suisse Group upped their price goal on shares of Northern Belief from $87.00 to $88.00 and gave the stock a “impartial” score in a analysis report on Thursday, October 22nd. ValuEngine upgraded shares of Northern Belief from a “promote” score to a “maintain” score in a analysis report on Tuesday, November 10th. BidaskClub raised Northern Belief from a “promote” score to a “maintain” score in a analysis be aware on Saturday, October 17th. Morgan Stanley lifted their price goal on Northern Belief from $90.00 to $132.00 and gave the stock an “equal weight” score in a analysis report on Monday. Lastly, TheStreet upgraded Northern Belief from a “c+” score to a “b-” score in a analysis report on Tuesday, September 1st. Three analysts have rated the stock with a promote score, twelve have given a maintain score and three have issued a purchase score to the corporate. The stock at the moment has a mean score of “Maintain” and a mean goal price of $92.47.
NASDAQ NTRS opened at $93.12 on Tuesday. The corporate has a fast ratio of 0.64, a present ratio of 0.64 and a debt-to-equity ratio of 0.48. Northern Belief has a 52 week low of $60.67 and a 52 week excessive of $110.48. The stock has a market capitalization of $19.38 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06. The agency has a 50 day transferring common of $87.16 and a two-hundred day transferring common of $82.16.
Northern Belief (NASDAQ:NTRS) final launched its quarterly earnings outcomes on Wednesday, October 21st. The asset supervisor reported $1.32 EPS for the quarter, lacking the consensus estimate of $1.38 by ($0.06). Northern Belief had a internet margin of 20.72% and a return on fairness of 13.07%. The enterprise had income of $1.49 billion throughout the quarter, in comparison with analysts’ expectations of $1.48 billion. Throughout the identical quarter final yr, the corporate earned $1.69 EPS. The agency’s income for the quarter was down 3.4% in comparison with the identical quarter final yr. On common, equities analysis analysts anticipate that Northern Belief will publish 5.98 earnings per share for the present fiscal yr.
In different Northern Belief information, insider Steven L. Fradkin bought 7,117 shares of the corporate’s stock in a transaction dated Tuesday, November third. The shares have been bought at a mean price of $82.88, for a complete value of $589,856.96. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which will be accessed by means of this hyperlink. Additionally, EVP Clair Joyce St bought 29,154 shares of the corporate’s stock in a transaction dated Wednesday, November 11th. The shares have been bought at a mean price of $90.05, for a complete transaction of $2,625,317.70. The disclosure for this sale will be discovered right here. Over the past ninety days, insiders have bought 55,060 shares of firm stock valued at $5,035,451. 0.72% of the stock is owned by company insiders.
A lot of giant buyers have lately added to or lowered their stakes in NTRS. Schonfeld Strategic Advisors LLC purchased a brand new stake in shares of Northern Belief within the third quarter valued at roughly $259,000. IHT Wealth Administration LLC bought a brand new stake in shares of Northern Belief throughout the third quarter valued at $369,000. Public Workers Retirement System of Ohio raised its place in Northern Belief by 10.4% throughout the third quarter. Public Workers Retirement System of Ohio now owns 79,483 shares of the asset supervisor’s stock valued at $6,197,00Zero after shopping for a further 7,477 shares throughout the interval. Worldquant Millennium Advisors LLC lifted its stake in Northern Belief by 0.8% within the third quarter. Worldquant Millennium Advisors LLC now owns 17,262 shares of the asset supervisor’s stock valued at $1,346,00Zero after buying a further 134 shares over the last quarter. Lastly, Neo Ivy Capital Administration acquired a brand new stake in shares of Northern Belief within the third quarter worth $439,000. 81.03% of the stock is at the moment owned by institutional buyers.
About Northern Belief
Northern Belief Company, a monetary holding firm, offers wealth administration, asset servicing, asset administration, and banking options for firms, establishments, households, and people worldwide. It operates in two segments, Company & Institutional Companies (C&IS) and Wealth Administration.
Learn Extra: Web Margin