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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Northern Trust Corporation ( NTRS) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole was unchanged today. By the end of trading, Northern Trust Corporation fell $0.61 (-1.1%) to $55.41 on average volume. Throughout the day, 1,403,047 shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1,241,500 shares. The stock ranged in price between $55.34-$56.30 after having opened the day at $56.04 as compared to the previous trading day's close of $56.02. Other companies within the Financial Services industry that declined today were: Investment Technology Group ( ITG), down 5.0%, GFI Group ( GFIG), down 3.8%, GAIN Capital Holdings ( GCAP), down 3.4% and Tiptree Financial ( CVTR), down 3.4%.

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 $13.4 billion and is part of the financial sector. Shares are up 10.8% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Northern Trust Corporation a buy, 4 analysts rate it a sell, and 11 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, revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Manhattan Bridge Capital ( LOAN), up 17.2%, Xoom ( XOOM), up 5.5%, Millennium India Acquisition Corporation ( SMCG), up 5.0% and Apollo Global Management ( APO), up 4.3% , were all gainers within the financial services industry with CBOE Holdings ( CBOE) being today's featured financial services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing