Insider Selling: Thomson Reuters Corp (TRI) Director Sells 4,616 Shares of Stock

Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Marc E. Gold sold 4,616 shares of the business’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of C$44.44, for a total value of C$205,135.04.

Thomson Reuters Corp (TSE:TRI) traded down 0.31% on Friday, reaching $58.47. The company had a trading volume of 501,350 shares. The company’s 50 day moving average is $58.93 and its 200-day moving average is $58.23. Thomson Reuters Corp has a one year low of $50.01 and a one year high of $62.83. The firm has a market capitalization of $42.21 billion and a price-to-earnings ratio of 13.83.

Insider Buying and Selling by Quarter for Thomson Reuters Corp (TSE:TRI)

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.345 per share. The ex-dividend date is Tuesday, May 16th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.36%.

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TRI has been the topic of a number of analyst reports. Royal Bank of Canada upped their price target on Thomson Reuters Corp from C$59.00 to C$61.00 in a research report on Saturday, February 11th. Scotiabank reiterated a “sector perform” rating and issued a C$43.00 price target on shares of Thomson Reuters Corp in a research report on Sunday, February 12th. TD Securities upped their price target on Thomson Reuters Corp from C$59.00 to C$61.00 in a research report on Friday, February 10th. Berenberg Bank reiterated a “sell” rating and issued a C$50.00 price target on shares of Thomson Reuters Corp in a research report on Thursday, April 20th. Finally, National Bank Financial raised Thomson Reuters Corp from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Monday, April 17th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$54.78.

About Thomson Reuters Corp

Thomson Reuters Corporation (Thomson Reuters) is a 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 segment is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

12 Month Chart for TSE:TRI

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