Northern Trust Corporation (NTRS): Today's Featured Banking 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 Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Northern Trust Corporation fell $0.68 (-1.1%) to $58.27 on average volume. Throughout the day, 1,085,264 shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1,244,100 shares. The stock ranged in price between $58.23-$59.10 after having opened the day at $58.59 as compared to the previous trading day's close of $58.95. Other companies within the Banking industry that declined today were: VelocityShares 3x Inverse Silver ETN S&P GS ( DSLV), down 8.0%, VelocityShares 3x Inverse Gold ETN linked t ( DGLD), down 5.5%, Farmers Capital Bank Corporation ( FFKT), down 4.6% and First BanCorp ( FBP), down 4.4%.

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 $14.0 billion and is part of the financial sector. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Northern Trust Corporation a buy, 4 analysts rate it a sell, and 9 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 revenue growth, increase in stock price during the past year, growth in earnings per share, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Stewardship Financial Corporation ( SSFN), up 10.2%, VelocityShares 3x Long Silver ETN linked to ( USLV), up 8.3%, MBT Financial Corporation ( MBTF), up 5.7% and VelocityShares 3x Long Gold ETN linked to t ( UGLD), up 5.3% , were all gainers within the banking industry with Huntington ( HBAN) 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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