Northern Trust Intrinsic Value Calculator – Northern Trust Reappointed to Provide Asset Servicing for CAD 103 Billion Healthcare of Ontario Pension Plan
December 15, 2023
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Northern Trust ($NASDAQ:NTRS) has been reappointed as the Asset Servicing Provider for the Healthcare of Ontario Pension Plan, with a total of CAD 103 Billion. This reappointment marks a new milestone in Northern Trust’s history and is a testament to its strong commitment to its clients. It offers asset servicing, investment management, and treasury and financial services, providing a comprehensive range of services for institutional and private investors alike.
By providing industry-leading solutions for asset and wealth management services, Northern Trust has been able to build long-term relationships with its clients. With this reappointment, Northern Trust looks forward to continuing to provide its clients with the best possible service.
Stock Price
On the same day, NORTHERN TRUST opened at $84.3 and closed at $85.9, up by 3.7% from prior closing price of 82.8. The reappointment reflects NORTHERN TRUST’s commitment to exceptional client service, and its ability to integrate technology and risk management practices that are relevant to HOOPP’s needs. It also demonstrates NORTHERN TRUST’s dedication to working collaboratively and proactively with HOOPP to further advance the pension plan’s operational capabilities. NORTHERN TRUST is proud to be selected as a partner to HOOPP and looks forward to working with them to help further achieve their investment objectives. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Northern Trust. More…
| Total Revenues | Net Income | Net Margin |
| 6.75k | 1.1k | 17.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Northern Trust. More…
| Operations | Investing | Financing |
| 3.97k | 13.8k | -17.17k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Northern Trust. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 146.33k | 134.48k | 57.22 |
Key Ratios Snapshot
Some of the financial key ratios for Northern Trust are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.3% | – | – |
| FCF Margin | ROE | ROA |
| 48.6% | 8.0% | 0.6% |
Analysis – Northern Trust Intrinsic Value Calculator
GoodWhale has conducted an analysis of NORTHERN TRUST‘s financials and determined the intrinsic value of its share to be around $98.4. Our proprietary Valuation Line was used in order to reach this conclusion. Currently, NORTHERN TRUST stock is being traded at $85.9, which is a fair price, but is still undervalued by 12.7%. This presents investors with an opportunity to purchase shares at a discounted rate, potentially yielding greater than average returns in the future. More…
Peers
In the investment management industry, there is intense competition between Northern Trust Corp and its competitors DWS Group GmbH & Co KGaA, Schroders PLC, AGF Management Ltd. All four companies are vying for a larger share of the market and each has its own unique strengths and weaknesses. In order to succeed, each company must continually adapt and innovate in order to stay ahead of the competition.
– DWS Group GmbH & Co KGaA ($LTS:0SAY)
With a market cap of 5.14B as of 2022, DWS Group GmbH & Co KGaA is one of the largest asset managers in Germany. The company offers a wide range of products and services, including investment management, asset management, and advisory services. DWS Group GmbH & Co KGaA has a strong commitment to sustainable investing and has been a signatory of the United Nations Principles for Responsible Investment since 2006. The company’s return on equity was 9.36% as of 2022.
– Schroders PLC ($LSE:SDR)
Schroders PLC is a publicly traded company with a market capitalization of 5.03 billion as of 2022. The company has a return on equity of 9.34%. Schroders is a global asset management company with operations in Europe, the United States, and Asia. The company manages assets for both institutional and retail investors.
– AGF Management Ltd ($TSX:AGF.B)
AGF Management Ltd. is a Canadian diversified management and holding company for a group of companies focused on investment management. The company has operations in North America, Europe and Asia. It offers a range of investment solutions, including mutual funds, hedge funds, private equity, real estate and infrastructure. The company was founded in 1957 and is headquartered in Toronto, Canada.
Summary
Northern Trust has recently been reappointed as the asset servicing provider for Healthcare of Ontario Pension Plan (HOOPP) worth CAD 103 billion. Immediately after the announcement, Northern Trust’s stock price moved up, suggesting investor confidence in the company. Northern Trust is considered a safe bet for investors due to its long history in providing asset servicing and its history of steady growth in its market capitalization. It has been a leader in providing asset management services to institutional investors and large corporations, and its fund administration capabilities have been at the top of the market for many years.
Additionally, its performance has been consistently strong relative to its peers. Overall, Northern Trust is an attractive investment option for those looking for a secure and reliable asset servicing provider with a long track record of success. It is well-positioned to capitalize on the growing demand for asset servicing services, and its commitment to providing value for their clients makes it a wise choice for investors.
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