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. NEW YORK ( TheStreet) -- Northern Trust Corporation (Nasdaq: NTRS) hit a new 52-week high Friday as it is currently trading at $54.84, above its previous 52-week high of $54.83 with 629,841 shares traded as of 3:40 p.m. ET. Average volume has been 1.3 million shares over the past 30 days. Northern Trust has a market cap of $12.93 billion and is part of the financial sector and financial services industry. Shares are up 8.5% year to date as of the close of trading on Thursday. 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. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7.