Ashton Thomas Securities LLC purchased a brand new place in shares of Thomson Reuters Co. (NYSE:TRI – Free Report) (TSE:TRI) within the third quarter, based on its most up-to-date Type 13F submitting with the Securities and Change Fee. The institutional investor purchased 274 shares of the enterprise providers supplier’s inventory, valued at roughly $47,000.
Different hedge funds have additionally modified their holdings of the corporate. Rothschild Funding LLC acquired a brand new place in Thomson Reuters in the course of the second quarter value $25,000. EverSource Wealth Advisors LLC boosted its place in shares of Thomson Reuters by 76.9% in the course of the 1st quarter. EverSource Wealth Advisors LLC now owns 184 shares of the enterprise providers supplier’s inventory value $28,000 after buying a further 80 shares within the final quarter. Asset Dedication LLC grew its stake in shares of Thomson Reuters by 125.0% in the course of the third quarter. Asset Dedication LLC now owns 234 shares of the enterprise providers supplier’s inventory value $40,000 after buying a further 130 shares in the course of the interval. Clear Yield Group bought a brand new place in shares of Thomson Reuters within the third quarter valued at about $42,000. Lastly, Change Traded Ideas LLC lifted its stake in shares of Thomson Reuters by 104.4% within the third quarter. Change Traded Ideas LLC now owns 327 shares of the enterprise providers supplier’s inventory valued at $56,000 after buying a further 167 shares in the course of the interval. 17.31% of the inventory is owned by institutional traders and hedge funds.
Thomson Reuters Inventory Efficiency
NYSE TRI opened at $168.39 on Thursday. The enterprise’s 50-day transferring common worth is $168.62 and its 200 day transferring common worth is $167.14. The corporate has a present ratio of 0.94, a fast ratio of 0.94 and a debt-to-equity ratio of 0.16. Thomson Reuters Co. has a twelve month low of $132.87 and a twelve month excessive of $176.03. The corporate has a market capitalization of $75.75 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 5.73 and a beta of 0.73.
Thomson Reuters (NYSE:TRI – Get Free Report) (TSE:TRI) final launched its earnings outcomes on Tuesday, November fifth. The enterprise providers supplier reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.03. The agency had income of $1.72 billion in the course of the quarter, in comparison with the consensus estimate of $1.71 billion. Thomson Reuters had a internet margin of 32.12% and a return on fairness of 14.85%. Thomson Reuters’s income was up 8.2% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the agency earned $0.82 earnings per share. On common, analysis analysts predict that Thomson Reuters Co. will put up 3.69 earnings per share for the present yr.
Thomson Reuters Will increase Dividend
The corporate additionally not too long ago declared a quarterly dividend, which can be paid on Tuesday, December tenth. Shareholders of file on Thursday, November twenty first can be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized foundation and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, November twenty first. This is a rise from Thomson Reuters’s earlier quarterly dividend of $0.15. Thomson Reuters’s payout ratio is 42.52%.
Analysts Set New Worth Targets
Plenty of equities analysis analysts have not too long ago issued experiences on the inventory. Nationwide Financial institution Monetary upgraded shares of Thomson Reuters from a “sector carry out” score to an “outperform” score in a analysis report on Monday, September ninth. Royal Financial institution of Canada lifted their worth goal on Thomson Reuters from $171.00 to $173.00 and gave the inventory a “sector carry out” score in a report on Wednesday, November sixth. Scotiabank upped their goal worth on Thomson Reuters from $182.00 to $187.00 and gave the corporate a “sector outperform” score in a report on Wednesday, November sixth. StockNews.com upgraded Thomson Reuters from a “promote” score to a “maintain” score in a analysis report on Thursday. Lastly, JPMorgan Chase & Co. boosted their worth goal on shares of Thomson Reuters from $163.00 to $164.00 and gave the inventory a “impartial” score in a analysis report on Friday, August 2nd. Seven analysis analysts have rated the inventory with a maintain score and 4 have assigned a purchase score to the corporate. Based mostly on information from MarketBeat, the inventory at present has a median score of “Maintain” and a consensus worth goal of $176.33.
Examine Out Our Newest Evaluation on Thomson Reuters
Thomson Reuters Profile
Thomson Reuters Company engages within the provision of enterprise data providers within the Americas, Europe, the Center East, Africa, and the Asia Pacific. It operates in 5 segments: Authorized Professionals, Corporates, Tax & Accounting Professionals, Reuters Information, and World Print. The Authorized Professionals phase presents analysis and workflow merchandise specializing in authorized analysis and built-in authorized workflow options that mix content material, instruments, and analytics to regulation corporations and governments.
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