Peter J. Thomson Acquires 80 Shares of Thomson Reuters Co. (TSE:TRI) Stock

Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) Director Peter J. Thomson purchased 80 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was bought at an average price of C$239.36 per share, for a total transaction of C$19,148.42.

Thomson Reuters Stock Performance

TRI stock opened at C$234.18 on Friday. The firm has a market cap of C$105.31 billion, a price-to-earnings ratio of 33.03, a PEG ratio of 3.64 and a beta of 0.40. The firm has a 50-day simple moving average of C$232.23 and a two-hundred day simple moving average of C$229.60. Thomson Reuters Co. has a one year low of C$187.62 and a one year high of C$243.42. The company has a debt-to-equity ratio of 29.05, a quick ratio of 0.52 and a current ratio of 0.88.

Thomson Reuters Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 21st were given a $0.73 dividend. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.20. This represents a $2.92 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Thursday, November 21st. Thomson Reuters’s dividend payout ratio (DPR) is presently 41.33%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. BMO Capital Markets upped their price objective on shares of Thomson Reuters from C$251.00 to C$256.00 in a research note on Wednesday, November 6th. National Bank Financial raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Sunday, September 8th. TD Securities upped their price objective on shares of Thomson Reuters from C$235.00 to C$250.00 in a research note on Wednesday, November 6th. Scotiabank raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 27th. Finally, Wells Fargo & Company raised shares of Thomson Reuters to a “hold” rating in a research note on Tuesday, November 26th. Six analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$197.50.

Thomson Reuters Company Profile

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.