Thomson Reuters Co. (TSE:TRI - Get Free Report) (NYSE:TRI) Director Peter J. Thomson purchased 77 shares of the business's stock in a transaction dated Monday, March 17th. The shares were acquired at an average cost of C$173.71 per share, for a total transaction of C$13,375.67.
Peter J. Thomson also recently made the following trade(s):
- On Monday, March 10th, Peter J. Thomson bought 77 shares of Thomson Reuters stock. The stock was acquired at an average price of C$173.71 per share, for a total transaction of C$13,375.67.
Thomson Reuters Stock Performance
Shares of TRI opened at C$244.59 on Tuesday. Thomson Reuters Co. has a 52 week low of C$205.67 and a 52 week high of C$260.45. The company has a debt-to-equity ratio of 24.28, a quick ratio of 0.52 and a current ratio of 0.94. The company has a market capitalization of C$77.27 billion, a PE ratio of 36.83, a PEG ratio of 3.64 and a beta of 0.40. The company's 50 day moving average price is C$247.39 and its 200 day moving average price is C$237.57.
Thomson Reuters (TSE:TRI - Get Free Report) (NYSE:TRI) last announced its quarterly earnings results on Thursday, February 6th. The company reported C$1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.97 by C$0.04. Thomson Reuters had a return on equity of 20.19% and a net margin of 32.12%. During the same quarter last year, the business posted $0.98 earnings per share. Research analysts expect that Thomson Reuters Co. will post 5.6395803 EPS for the current fiscal year.
Thomson Reuters Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Thursday, February 20th were paid a dividend of $0.595 per share. This represents a $2.38 annualized dividend and a dividend yield of 0.97%. Thomson Reuters's dividend payout ratio (DPR) is 44.12%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on TRI. BMO Capital Markets increased their price target on Thomson Reuters from C$260.00 to C$265.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. TD Securities increased their target price on shares of Thomson Reuters from C$250.00 to C$260.00 and gave the company a "hold" rating in a research report on Friday, February 7th. National Bankshares raised their target price on shares of Thomson Reuters from C$260.00 to C$286.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Finally, Bank of America set a C$255.00 price target on shares of Thomson Reuters and gave the stock a "neutral" rating in a research note on Thursday, April 10th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of C$266.50.
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Thomson Reuters Company Profile
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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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