Thomson Reuters Co. (TSE:TRI) Director Sells C$234,019.98 in Stock

Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) Director Heather Anne O’hagan sold 875 shares of the company’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of C$267.45, for a total transaction of C$234,019.98. Following the completion of the transaction, the director now owns 631 shares of the company’s stock, valued at C$168,761.83. This represents a 58.10% decrease in their position.

Thomson Reuters Stock Up 0.2%

Thomson Reuters stock opened at C$267.73 on Thursday. Thomson Reuters Co. has a twelve month low of C$214.51 and a twelve month high of C$273.59. The stock has a 50 day moving average of C$255.41 and a two-hundred day moving average of C$245.18. The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 24.28. The stock has a market capitalization of C$84.58 billion, a price-to-earnings ratio of 40.31, a PEG ratio of 3.64 and a beta of 0.40.

Analyst Ratings Changes

Several research firms have issued reports on TRI. BMO Capital Markets upped their price objective on shares of Thomson Reuters from C$265.00 to C$280.00 and gave the company an “outperform” rating in a research note on Friday, May 2nd. Canaccord Genuity Group upped their price objective on shares of Thomson Reuters from C$175.00 to C$181.00 and gave the company a “hold” rating in a research note on Friday, May 2nd. National Bankshares upped their price objective on shares of Thomson Reuters from C$260.00 to C$286.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Bank of America set a C$255.00 price objective on shares of Thomson Reuters and gave the company a “neutral” rating in a research note on Thursday, April 10th. Finally, TD Securities increased their target price on shares of Thomson Reuters from C$250.00 to C$260.00 and gave the stock a “hold” rating in a research note on Friday, February 7th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Thomson Reuters currently has a consensus rating of “Moderate Buy” and a consensus target price of C$252.40.

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.