Cigna Investments Inc. New acquired a new position in shares of Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,968 shares of the business services provider’s stock, valued at approximately $239,000.

Other large investors also recently bought and sold shares of the company. CENTRAL TRUST Co increased its holdings in shares of Thomson Reuters by 53.1% during the 3rd quarter. CENTRAL TRUST Co now owns 470 shares of the business services provider’s stock worth $31,000 after purchasing an additional 163 shares during the period. Northwest Investment Counselors LLC bought a new position in shares of Thomson Reuters during the 3rd quarter worth about $35,000. Executive Wealth Management LLC bought a new position in shares of Thomson Reuters during the 3rd quarter worth about $41,000. Horan Capital Advisors LLC. bought a new position in shares of Thomson Reuters during the 3rd quarter worth about $42,000. Finally, JCIC Asset Management Inc. bought a new position in shares of Thomson Reuters during the 4th quarter worth about $50,000. Institutional investors own 19.13% of the company’s stock.

Shares of Thomson Reuters stock opened at $81.61 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.46 and a current ratio of 1.46. The firm’s 50-day simple moving average is $77.39 and its 200-day simple moving average is $70.65. Thomson Reuters Corp has a twelve month low of $52.14 and a twelve month high of $82.25. The firm has a market cap of $40.72 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 2.35 and a beta of 0.47.

Several research analysts have recently issued reports on the stock. National Bank Financial set a $93.00 price objective on shares of Thomson Reuters and gave the stock a “hold” rating in a report on Saturday, November 2nd. ValuEngine downgraded shares of Thomson Reuters from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd. Barclays reiterated a “hold” rating and set a $75.00 target price on shares of Thomson Reuters in a research report on Wednesday, December 18th. Bank of America upgraded shares of Thomson Reuters from a “neutral” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Zacks Investment Research upgraded shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $79.50.

Thomson Reuters Company Profile

Thomson Reuters Corporation provides news and information-based tools to professionals worldwide. It operates through five segments: Legal Professionals, Corporates, Tax 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.

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Institutional Ownership by Quarter for Thomson Reuters (NYSE:TRI)

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