Thomson Reuters Corp (TRI) Insider Sells C$5,804,400.00 in Stock
Thomson Reuters Corp (TSE:TRI) insider James Clifton Smith sold 140,000 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of C$41.46, for a total value of C$5,804,400.00.
Thomson Reuters Corp (TSE:TRI) opened at 56.35 on Friday. The stock has a 50 day moving average price of $53.79 and a 200 day moving average price of $53.84. The stock has a market cap of $41.40 billion and a P/E ratio of 33.34. Thomson Reuters Corp has a 52-week low of $47.56 and a 52-week high of $57.66.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, November 17th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend is Tuesday, November 15th.
Several analysts have commented on TRI shares. TD Securities reissued a “hold” rating and issued a C$56.00 price objective on shares of Thomson Reuters Corp in a report on Friday, September 16th. Goldman Sachs Group Inc. raised their price objective on Thomson Reuters Corp from C$49.00 to C$51.45 and gave the company a “neutral” rating in a report on Wednesday, October 5th. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$56.00 price objective on shares of Thomson Reuters Corp in a report on Wednesday, November 2nd. CIBC dropped their price objective on Thomson Reuters Corp from C$45.00 to C$44.00 and set an “outperform” rating on the stock in a report on Wednesday, November 2nd. Finally, Scotiabank raised their price objective on Thomson Reuters Corp from C$42.00 to C$43.00 and gave the company a “sector perform” rating in a report on Wednesday, November 2nd. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Thomson Reuters Corp currently has an average rating of “Hold” and an average price target of C$51.41.
Thomson Reuters Corp Company Profile
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