NEOS Investment Management LLC increased its stake in Northern Trust Corporation by 44.9% in Q3, now holding 24,537 shares valued at $3.3 million. This comes as institutional investors collectively own 83.19% of the stock, with significant new positions opened by firms like Norges Bank and Primecap. Despite this, company insiders have been net sellers, disposing of over 27,000 shares in the last quarter, while Northern Trust recently declared an $0.80 quarterly dividend and reported stronger-than-expected earnings.
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NEOS Investment Management LLC Grows Stake in Northern Trust Corporation $NTRS
NEOS Investment Management LLC increased its stake in Northern Trust Corporation by 44.9% in Q3, now holding 24,537 shares valued at $3.3 million. This comes as institutional investors collectively own 83.19% of the stock, with significant new positions opened by firms like Norges Bank and Primecap. Despite this, company insiders have been net sellers, disposing of over 27,000 shares in the last quarter, while Northern Trust recently declared an $0.80 quarterly dividend and reported stronger-than-expected earnings.