Thomson Reuters Co. (TSE:TRI - Get Free Report) (NYSE:TRI) Senior Officer David Franklin Wong sold 2,417 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of C$165.58, for a total value of C$400,206.86.
Thomson Reuters Trading Up 0.2 %
Shares of Thomson Reuters stock opened at C$234.03 on Friday. The stock has a market cap of C$105.25 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 3.64 and a beta of 0.40. The firm has a fifty day moving average price of C$230.84 and a 200 day moving average price of C$227.77. Thomson Reuters Co. has a 1 year low of C$177.83 and a 1 year high of C$242.92. The company has a debt-to-equity ratio of 29.05, a current ratio of 0.88 and a quick ratio of 0.52.
Thomson Reuters Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.25%. This is a positive change from Thomson Reuters's previous quarterly dividend of $0.20. Thomson Reuters's dividend payout ratio (DPR) is presently 41.33%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. Scotiabank upgraded Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 27th. TD Securities boosted their target price on shares of Thomson Reuters from C$235.00 to C$250.00 in a research report on Wednesday. BMO Capital Markets raised their price target on shares of Thomson Reuters from C$251.00 to C$256.00 in a report on Wednesday. National Bankshares boosted their price objective on shares of Thomson Reuters from C$219.00 to C$231.00 and gave the company a "sector perform" rating in a report on Friday, August 2nd. Finally, National Bank Financial raised Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research report on Sunday, September 8th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Thomson Reuters has a consensus rating of "Moderate Buy" and an average price target of C$197.50.
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Thomson Reuters Company Profile
(
Get Free Report)
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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