JPMorgan Chase & Co. significantly reduced its stake in Northern Trust Corporation by 57% in Q3, selling over 1.5 million shares while still holding 1.15 million shares valued at approximately $155.95 million. Northern Trust reported strong quarterly EPS and revenue growth, along with announcing a quarterly dividend. Analyst consensus for Northern Trust is a “Hold” with an average target price of $148.75, despite recent insider selling activity.
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JPMorgan Chase & Co. Cuts Stock Position in Northern Trust Corporation $NTRS
JPMorgan Chase & Co. significantly reduced its stake in Northern Trust Corporation by 57% in Q3, selling over 1.5 million shares while still holding 1.15 million shares valued at approximately $155.95 million. Northern Trust reported strong quarterly EPS and revenue growth, along with announcing a quarterly dividend. Analyst consensus for Northern Trust is a “Hold” with an average target price of $148.75, despite recent insider selling activity.