Northern Trust Reaches 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 Tuesday as it is currently trading at $58.75, above its previous 52-week high of $58.66 with 259,620 shares traded as of 10:40 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Northern Trust has a market cap of $13.71 billion and is part of the financial sector and financial services industry. Shares are up 14.3% year to date as of the close of trading on Friday.

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 20.3, 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 solid stock price performance, growth in earnings per share, expanding profit margins, increase in net income and notable return on equity. 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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