Jupiter Asset Management Ltd. has made a new investment of $64.86 million in Northern Trust Corporation, acquiring 481,898 shares which represents about 0.25% ownership. This comes as analysts have raised price targets on Northern Trust, though the consensus rating remains “Hold” with an average price target of $148.75. Northern Trust recently reported strong quarterly earnings, beating expectations with an EPS of $2.42 and revenue of $3.15 billion, and declared an $0.80 quarterly dividend.
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Jupiter Asset Management Ltd. Makes New $64.86 Million Investment in Northern Trust Corporation $NTRS
Jupiter Asset Management Ltd. has made a new investment of $64.86 million in Northern Trust Corporation, acquiring 481,898 shares which represents about 0.25% ownership. This comes as analysts have raised price targets on Northern Trust, though the consensus rating remains “Hold” with an average price target of $148.75. Northern Trust recently reported strong quarterly earnings, beating expectations with an EPS of $2.42 and revenue of $3.15 billion, and declared an $0.80 quarterly dividend.