Northern Trust Reaches New 52-Week High (NTRS)

NEW YORK ( TheStreet) -- Northern Trust Corporation (Nasdaq: NTRS) hit a new 52-week high Monday as it is currently trading at $59.60, above its previous 52-week high of $59.33 with 263,297 shares traded as of 10:05 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Northern Trust has a market cap of $13.95 billion and is part of the financial sector and financial services industry. Shares are up 15.4% 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 20.4, 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 solid stock price performance, expanding profit margins, growth in earnings per share, 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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