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

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 higher today making it today's featured banking winner. The industry as a whole closed the day up 0.9%. By the end of trading, Northern Trust Corporation rose $1.53 (2.6%) to $60.81 on heavy volume. Throughout the day, 3,636,871 shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1,210,800 shares. The stock ranged in a price between $59.45-$60.94 after having opened the day at $59.64 as compared to the previous trading day's close of $59.28. Other companies within the Banking industry that increased today were: Central Valley Community Bancorp ( CVCY), up 20.9%, Firstbank Corp Michigan ( FBMI), up 12.3%, Southern Missouri Bancorp ( SMBC), up 10.6% and BCB Bancorp ( BCBP), up 8.3%.

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 $14.2 billion and is part of the financial sector. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7. Shares are up 18.4% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Northern Trust Corporation a buy, 4 analysts rate it a sell, and 8 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Bay Bancorp ( BYBK), down 8.0%, DNB Financial Corporation ( DNBF), down 6.8%, MBT Financial Corporation ( MBTF), down 5.3% and Intermountain Community Bancorp ( IMCB), down 4.7% , were all laggards within the banking industry with National Bank of Greece ( NBG) being today's banking industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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