Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI Director Heather Anne O'hagan sold 875 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$267.45, for a total transaction of C$234,019.98. Following the transaction, the director now directly owns 631 shares of the company's stock, valued at approximately C$168,761.83. This represents a 58.10% decrease in their ownership of the stock.
Thomson Reuters Stock Performance
Shares of TSE TRI traded up C$0.29 during mid-day trading on Friday, hitting C$267.04. The company had a trading volume of 171,544 shares, compared to its average volume of 350,567. Thomson Reuters Co. has a 12 month low of C$214.51 and a 12 month high of C$273.59. The stock has a market cap of C$84.36 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 3.64 and a beta of 0.40. The company has a debt-to-equity ratio of 24.28, a current ratio of 0.94 and a quick ratio of 0.52. The firm's 50 day simple moving average is C$256.14 and its two-hundred day simple moving average is C$245.62.
Analyst Ratings Changes
Several brokerages have issued reports on TRI. Bank of America set a C$255.00 price objective on Thomson Reuters and gave the company a "neutral" rating in a research note on Thursday, April 10th. Scotiabank downgraded Thomson Reuters from a "strong-buy" rating to a "hold" rating in a report on Friday, May 2nd. National Bankshares raised their price objective on Thomson Reuters from C$260.00 to C$286.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. TD Securities lifted their price objective on shares of Thomson Reuters from C$250.00 to C$260.00 and gave the stock a "hold" rating in a report on Friday, February 7th. Finally, Canaccord Genuity Group boosted their target price on shares of Thomson Reuters from C$175.00 to C$181.00 and gave the company a "hold" rating in a research note on Friday, May 2nd. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$252.40.
Read Our Latest Stock Analysis on TRI
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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