Northern Trust (NASDAQ:NTRSO) Shares Down 0.4% – Should You Sell?

Northern Trust Co. (NASDAQ:NTRSO)’s share price traded down 0.4% during mid-day trading on Monday . The stock traded as low as $20.45 and last traded at $20.48. 12,174 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 33,420 shares. The stock had previously closed at $20.56.

Northern Trust Stock Down 0.4%

The firm has a fifty day moving average of $19.96 and a 200-day moving average of $19.88.

Northern Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be issued a $0.2938 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.18 annualized dividend and a yield of 5.7%.

Hedge Funds Weigh In On Northern Trust

An institutional investor recently bought a new position in Northern Trust stock. 10Elms LLP bought a new stake in Northern Trust Co. (NASDAQ:NTRSO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,400 shares of the company’s stock, valued at approximately $310,000.

Northern Trust Company Profile

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.