Northern Trust Corporation (NTRS): Today's Featured Banking Winner

Northern Trust Corporation ( NTRS) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.4%. By the end of trading, Northern Trust Corporation rose 43 cents (0.9%) to $47.05 on heavy volume. Throughout the day, 2.1 million shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $46.33-$47.29 after having opened the day at $46.46 as compared to the previous trading day's close of $46.62. Other companies within the Banking industry that increased today were: Hampton Roads Bankshares ( HMPR), up 27.5%, Firstbank Corp Michigan ( FBMI), up 19.1%, Plumas Bancorp ( PLBC), up 16.1%, and Village Bank and Trust Financial Corporatio ( VBFC), up 12.3%.

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, and fiduciary and banking solutions for corporations, institutions, families, and individuals worldwide. Northern Trust Corporation has a market cap of $11.24 billion and is part of the financial sector. The company has a P/E ratio of 18.5, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 17.5% year to date as of the close of trading on Tuesday. Currently there are two analysts that rate Northern Trust Corporation a buy, two analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Northern Trust Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself.

On the negative front, Central Federal ( CFBK), down 18.2%, Carver Bancorp ( CARV), down 17.4%, Credit Suisse ( DOIL), down 10.8%, and First Citizens Banc ( FCZA), down 8.7%, were all losers within the banking industry with Bank of America Corporation ( BAC) being today's banking industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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