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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 up 0.2%. By the end of trading, Northern Trust Corporation rose 47 cents (1%) to $46.88 on average volume. Throughout the day, 1.1 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 $46.63-$47.31 after having opened the day at $46.86 as compared to the previous trading day's close of $46.42. Other companies within the Banking industry that increased today were: MSB Financial Corporation ( MSBF), up 10.3%, Bank VA Chesterfield ( BOVA), up 10%, Hampton Roads Bankshares ( HMPR), up 10%, and Carolina Bank Holdings ( CLBH), up 6.5%.
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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 $11.2 billion and is part of the financial sector. The company has a P/E ratio of 17.8, equal to the average banking industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7. Shares are up 17% year to date as of the close of trading on Friday. 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 buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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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