Linda Walker Sells 9,690 Shares of Thomson Reuters Corp (TRI) Stock
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Linda Walker sold 9,690 shares of the company’s stock in a transaction on Monday, March 19th. The shares were sold at an average price of C$38.98, for a total transaction of C$377,716.20.
Shares of Thomson Reuters stock opened at C$50.96 on Thursday. The stock has a market cap of $36,690.00, a price-to-earnings ratio of 25.87 and a beta of 0.32. Thomson Reuters Corp has a 12 month low of C$49.26 and a 12 month high of C$62.83.
Thomson Reuters (TSE:TRI) (NYSE:TRI) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.77 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.72 by C$0.05. The company had revenue of C$3.74 billion for the quarter, compared to the consensus estimate of C$3.71 billion. Thomson Reuters had a net margin of 9.85% and a return on equity of 8.57%.
TRI has been the topic of a number of recent research reports. Scotiabank decreased their price target on shares of Thomson Reuters to C$69.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 22nd. National Bank Financial downgraded shares of Thomson Reuters from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from C$68.00 to C$60.00 in a research note on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of C$62.25.
About Thomson Reuters
Thomson Reuters Corp (Thomson Reuters) is a Canada-based 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 unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
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