Thomson Reuters Corp (TRI) Director Sells C$4,181,325.72 in Stock
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Peter Warwick sold 91,156 shares of the company’s stock in a transaction on Friday, August 18th. The shares were sold at an average price of C$45.87, for a total value of C$4,181,325.72.
Peter Warwick also recently made the following trade(s):
- On Wednesday, June 14th, Peter Warwick sold 7,994 shares of Thomson Reuters Corp stock. The shares were sold at an average price of C$44.50, for a total value of C$355,733.00.
Shares of Thomson Reuters Corp (TSE:TRI) opened at 57.68 on Monday. The stock has a market cap of $41.22 billion and a PE ratio of 14.17. The company’s 50-day moving average price is $58.67 and its 200-day moving average price is $58.73. Thomson Reuters Corp has a 52-week low of $52.01 and a 52-week high of $62.83.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 17th will be given a dividend of $0.345 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $1.38 dividend on an annualized basis and a yield of 2.39%.
A number of research analysts have recently issued reports on TRI shares. Scotiabank upped their price target on Thomson Reuters Corp to C$48.00 and gave the company a “sector perform” rating in a report on Monday, May 1st. TD Securities lowered their price target on Thomson Reuters Corp to C$77.00 and set a “hold” rating on the stock in a report on Thursday, July 20th. Macquarie upped their price target on Thomson Reuters Corp from C$49.90 to C$70.00 in a report on Thursday, June 15th. National Bank Financial upped their price target on Thomson Reuters Corp from C$64.00 to C$66.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$59.00 price target on shares of Thomson Reuters Corp in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of C$57.38.
Thomson Reuters Corp Company Profile
Thomson Reuters Corporation provides news and information for professional markets worldwide. It operates through three segments: Financial & Risk, Legal, and Tax & Accounting. The company sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.
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