Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) insider Woodbridge Company Limited The purchased 1,778 shares of the company’s stock in a transaction on Thursday, November 23rd. The shares were bought at an average price of C$56.55 per share, with a total value of C$100,545.90.
Shares of Thomson Reuters Co. (TSE TRI) traded down C$0.08 during mid-day trading on Thursday, hitting C$56.60. 622,335 shares of the company were exchanged, compared to its average volume of 716,454. Thomson Reuters Co. has a 52-week low of C$55.05 and a 52-week high of C$62.83.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 16th will be issued a $0.345 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Wednesday, November 15th. Thomson Reuters’s dividend payout ratio (DPR) is currently 71.99%.
A number of brokerages have weighed in on TRI. TD Securities upgraded shares of Thomson Reuters from a “hold” rating to a “buy” rating and set a C$65.00 price target for the company in a research report on Wednesday, September 6th. Scotiabank dropped their price target on shares of Thomson Reuters to C$69.00 and set an “outperform” rating for the company in a research report on Wednesday, November 22nd. National Bank Financial lifted their price target on shares of Thomson Reuters from C$66.00 to C$69.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Finally, Royal Bank of Canada dropped their price target on shares of Thomson Reuters to C$60.50 and set a “sector perform” rating for the company in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Thomson Reuters currently has an average rating of “Hold” and an average price target of C$63.75.
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Thomson Reuters Company Profile
Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
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