Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Brian S. Peccarelli sold 16,354 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of C$88.97, for a total transaction of C$1,454,982.67.

TRI stock traded up C$0.41 on Tuesday, hitting C$88.92. 606,117 shares of the company were exchanged, compared to its average volume of 537,382. Thomson Reuters Corp has a twelve month low of C$60.58 and a twelve month high of C$93.44. The company has a debt-to-equity ratio of 38.60, a current ratio of 1.93 and a quick ratio of 1.67. The company has a fifty day simple moving average of C$87.93. The firm has a market cap of $44.53 billion and a PE ratio of 13.39.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Thursday, August 22nd will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.62%. The ex-dividend date is Wednesday, August 21st. Thomson Reuters’s dividend payout ratio (DPR) is 22.34%.

A number of equities analysts have recently weighed in on the stock. TD Securities boosted their price objective on shares of Thomson Reuters from C$88.00 to C$92.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. BMO Capital Markets boosted their price objective on shares of Thomson Reuters from C$94.00 to C$95.00 in a research report on Friday, August 2nd. Finally, National Bank Financial boosted their price objective on shares of Thomson Reuters from C$90.00 to C$93.00 and gave the company a “sector perform” rating in a research report on Sunday, August 4th.

About Thomson Reuters

Thomson Reuters Corporation provides news and information-based tools to professionals worldwide. It operates through five segments: Legal Professionals, Corporates, Tax 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.

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