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

Northern Trust Corporation ( NTRS) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole was unchanged today. By the end of trading, Northern Trust Corporation fell $0.98 (-1.6%) to $60.75 on average volume. Throughout the day, 1,237,717 shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1,438,800 shares. The stock ranged in price between $60.69-$62.02 after having opened the day at $62.02 as compared to the previous trading day's close of $61.73. Other companies within the Banking industry that declined today were: Bank Bradesco ( BBDO), down 10.2%, Central Federal ( CFBK), down 6.2%, Carolina Trust Bank ( CART), down 5.2% and Cascade Bancorp ( CACB), down 4.5%.

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions worldwide. Northern Trust Corporation has a market cap of $14.7 billion and is part of the financial sector. Shares are up 22.6% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Northern Trust Corporation a buy, 2 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 solid stock price performance, growth in earnings per share, expanding profit margins, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Pathfinder Bancorp ( PBHC), up 18.3%, Farmers Capital Bank Corporation ( FFKT), up 7.8%, Village Bank and Trust Financial Corporatio ( VBFC), up 7.6% and Guaranty Federal ( GFED), up 6.1% , were all gainers within the banking industry with Royal Bank Of Canada ( RY) being today's featured banking industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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