Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI Director Peter J. Thomson acquired 80 shares of the firm's stock in a transaction dated Monday, December 16th. The shares were acquired at an average price of C$239.36 per share, with a total value of C$19,148.42.
Thomson Reuters Trading Down 0.0 %
TRI traded down C$0.08 on Tuesday, hitting C$237.98. The company had a trading volume of 259,134 shares, compared to its average volume of 310,657. The company's fifty day moving average price is C$231.90 and its 200 day moving average price is C$229.57. Thomson Reuters Co. has a 1 year low of C$185.95 and a 1 year high of C$243.42. The company has a current ratio of 0.88, a quick ratio of 0.52 and a debt-to-equity ratio of 29.05. The firm has a market cap of C$107.02 billion, a P/E ratio of 33.57, a PEG ratio of 3.64 and a beta of 0.40.
Thomson Reuters Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 21st were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Thursday, November 21st. This is an increase from Thomson Reuters's previous quarterly dividend of $0.20. Thomson Reuters's dividend payout ratio (DPR) is 41.33%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. BMO Capital Markets increased their price target on Thomson Reuters from C$251.00 to C$256.00 in a research note on Wednesday, November 6th. Wells Fargo & Company upgraded Thomson Reuters to a "hold" rating in a research note on Tuesday, November 26th. TD Securities raised their price objective on Thomson Reuters from C$235.00 to C$250.00 in a research note on Wednesday, November 6th. Scotiabank upgraded shares of Thomson Reuters from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 27th. Finally, National Bank Financial upgraded shares of Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research note on Sunday, September 8th. Six investment analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to 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
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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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