Mary Alice Vuicic Sells 6,062 Shares of Thomson Reuters Co. (TSE:TRI) Stock

Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) Senior Officer Mary Alice Vuicic sold 6,062 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$235.62, for a total value of C$1,428,328.44.

Thomson Reuters Stock Performance

Shares of TRI opened at C$230.12 on Friday. The firm’s 50 day moving average price is C$225.99 and its two-hundred day moving average price is C$223.20. 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 Co. has a twelve month low of C$163.01 and a twelve month high of C$242.92. The firm has a market cap of C$103.49 billion, a P/E ratio of 32.87, a PEG ratio of 3.64 and a beta of 0.40.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$1.16 EPS for the quarter, beating the consensus estimate of C$1.10 by C$0.06. The business had revenue of C$2.38 billion for the quarter, compared to analysts’ expectations of C$2.38 billion. Thomson Reuters had a net margin of 33.65% and a return on equity of 20.41%. On average, analysts forecast that Thomson Reuters Co. will post 5.753 EPS for the current fiscal year.

Thomson Reuters Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.35%. Thomson Reuters’s payout ratio is presently 41.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on TRI shares. National Bankshares upped their price objective on Thomson Reuters from C$219.00 to C$231.00 and gave the company a “sector perform” rating in a report on Friday, August 2nd. Scotiabank upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 27th. TD Securities boosted their price objective on shares of Thomson Reuters from C$230.00 to C$235.00 and gave the company a “hold” rating in a report on Thursday, June 20th. Finally, National Bank Financial upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a report on Sunday, September 8th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$190.14.

About Thomson Reuters

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.