<div id="readability-page-1"><p>Northern Trust Corp boosted its stake in  Northeast Bank (NASDAQ:NBN - Free Report) by 10.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 66,139 shares of the financial services provider's stock after buying an additional 6,160 shares during the period. Northern Trust Corp owned approximately 0.81% of Northeast Bank worth $6,067,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>Northeast Bank</strong> alerts:</span></p></div><ul><li>These 3 Regional Bank Stocks Are Staying Ahead Of Inflation </li></ul><p>Other institutional investors and hedge funds have also bought and sold shares of the company. Royce &amp; Associates LP acquired a new position in  Northeast Bank in the 4th quarter valued at about $4,820,000.  Raymond James Financial Inc. bought a new stake in shares of  Northeast Bank in the fourth quarter valued at approximately $294,000.  SG Americas Securities LLC boosted its stake in shares of  Northeast Bank by 151.9% in the fourth quarter. SG Americas Securities LLC now owns 6,031 shares of the financial services provider's stock valued at $553,000 after buying an additional 3,637 shares during the period.  JPMorgan Chase &amp; Co. boosted its stake in shares of  Northeast Bank by 136.3% in the third quarter. JPMorgan Chase &amp; Co. now owns 27,699 shares of the financial services provider's stock valued at $2,136,000 after buying an additional 15,975 shares during the period.  Finally, Invesco Ltd. boosted its stake in shares of  Northeast Bank by 17.2% in the fourth quarter. Invesco Ltd. now owns 98,324 shares of the financial services provider's stock valued at $9,019,000 after buying an additional 14,427 shares during the period. </p><h2>Wall Street Analyst Weigh In</h2><p>Separately, Keefe, Bruyette &amp; Woods lifted their target price on Northeast Bank from $102.00 to $115.00 and gave the company a &#34;market perform&#34; rating in a research report on Monday, February 10th.</p><p><b>Get Our Latest Stock Analysis on NBN</b></p><h2>Northeast Bank Price Performance</h2><p>Shares of NASDAQ NBN opened at $85.25 on Wednesday. The stock has a market capitalization of $699.56 million, a P/E ratio of 9.92 and a beta of 0.60. The company has a 50-day moving average price of $87.93 and a 200-day moving average price of $94.66. Northeast Bank has a 1 year low of $54.50 and a 1 year high of $110.35. </p><p>Northeast Bank (NASDAQ:NBN - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.60). The company had revenue of $52.57 million for the quarter, compared to analyst estimates of $50.09 million. </p><h2>Northeast Bank Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 13th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.05%. The ex-dividend date is Tuesday, May 13th. Northeast Bank's dividend payout ratio (DPR) is currently 0.44%. </p><h2>Northeast Bank Profile</h2> (Free Report)<p>Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Northeast Bank</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>Top 5 Stocks Hedge Funds Are Buying Right Now</li><li>Which Wall Street Analysts are the Most Accurate?</li><li>Viking Holdings Posts Strong Q1, Eyes Growth Ahead</li><li>Insider Selling Explained: Can it Inform Your Investing Choices?</li><li>2 Reasons Netflix’s 40% Rally Is Far From Over</li></ul><p><strong>Want to see what other hedge funds are holding NBN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Northeast Bank (NASDAQ:NBN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkJO?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkJO"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Northeast Bank Right Now?</h2><p>Before you consider Northeast Bank, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northeast Bank wasn't on the list.</p><p>While Northeast Bank currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NTRS

<p>Northern Trust Corp increased its stake in Northeast Bank (NASDAQ:NBN) by 10.3% in Q4, owning 66,139 shares valued at $6.07 million. Other institutional investors also acquired shares, with Royce & Associates LP investing $4.82 million. Keefe, Bruyette & Woods raised the target price for Northeast Bank from $102 to $115. The bank reported Q1 earnings of $2.23 per share, missing estimates, and declared a quarterly dividend of $0.01, with an ex-dividend date of May 13.</p>

Northern Trust Corp Has $6.07 Million Stock Position in Northeast Bank (NASDAQ:NBN)