Thomson Reuters Corp. (NYSE:tri) announced a quarterly dividend on Tuesday, November 1st. Shareholders of record on Thursday, November 17th will be given a dividend of 0.34 per share on Thursday, December 15th. This represents a $1.36 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, November 15th.

Shares of Thomson Reuters Corp. (NYSE:TRI) opened at 41.47 on Monday. The firm has a 50-day moving average price of $40.55 and a 200-day moving average price of $41.28. The stock has a market capitalization of $30.47 billion, a P/E ratio of 24.54 and a beta of 0.82. Thomson Reuters Corp. has a 52-week low of $33.96 and a 52-week high of $43.68.

Thomson Reuters Corp. (NYSE:TRI) last issued its quarterly earnings results on Tuesday, November 1st. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. Thomson Reuters Corp. had a return on equity of 13.16% and a net margin of 11.25%. The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same period in the previous year, the firm posted $0.52 EPS. The business’s revenue for the quarter was down .1% compared to the same quarter last year. On average, analysts predict that Thomson Reuters Corp. will post $2.06 EPS for the current year.

Dividend History for Thomson Reuters Corp. (NYSE:tri)

A number of brokerages have recently commented on TRI. Zacks Investment Research raised Thomson Reuters Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, October 6th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $60.00 price objective (up from $57.50) on shares of Thomson Reuters Corp. in a research report on Monday, August 1st. CIBC reaffirmed an “outperform” rating and issued a $45.00 price objective (up from $44.00) on shares of Thomson Reuters Corp. in a research report on Thursday, November 3rd. TD Securities reaffirmed a “hold” rating and issued a $56.00 price objective on shares of Thomson Reuters Corp. in a research report on Thursday, November 3rd. Finally, Scotiabank reaffirmed a “sector perform” rating and issued a $43.00 price objective (up from $42.00) on shares of Thomson Reuters Corp. in a research report on Thursday, November 3rd. Thirteen analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $47.43.

Large investors have recently bought and sold shares of the company. BlackRock Investment Management LLC increased its position in shares of Thomson Reuters Corp. by 1.5% in the third quarter. BlackRock Investment Management LLC now owns 28,066 shares of the company’s stock valued at $1,161,000 after buying an additional 403 shares in the last quarter. Comerica Bank increased its position in shares of Thomson Reuters Corp. by 0.9% in the second quarter. Comerica Bank now owns 44,402 shares of the company’s stock valued at $1,857,000 after buying an additional 410 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Thomson Reuters Corp. by 1.0% in the second quarter. HighTower Advisors LLC now owns 79,059 shares of the company’s stock valued at $3,178,000 after buying an additional 792 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Thomson Reuters Corp. by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 61,503 shares of the company’s stock valued at $2,486,000 after buying an additional 1,006 shares in the last quarter. Finally, BlackRock Advisors LLC increased its position in shares of Thomson Reuters Corp. by 37.4% in the third quarter. BlackRock Advisors LLC now owns 4,655 shares of the company’s stock valued at $193,000 after buying an additional 1,266 shares in the last quarter. Hedge funds and other institutional investors own 28.44% of the company’s stock.

Thomson Reuters Corp. Company Profile

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