Northern Trust Stock Hits New 52-Week High (NTRS)

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 Wednesday as it is currently trading at $55.57, above its previous 52-week high of $55.50 with 236,864 shares traded as of 10:30 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Northern Trust has a market cap of $13.05 billion and is part of the financial sector and financial services industry. Shares are up 9.2% year to date as of the close of trading on Tuesday.

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions worldwide. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Northern Trust as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Northern Trust Ratings Report.

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