Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) insider Stephane Bello sold 78,800 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of C$47.58, for a total transaction of C$3,749,304.00.

Thomson Reuters Corp (TSE:TRI) traded up 0.08% during trading on Monday, hitting $59.82. 419,953 shares of the stock were exchanged. Thomson Reuters Corp has a 1-year low of $52.01 and a 1-year high of $62.83. The firm has a market capitalization of $43.13 billion and a price-to-earnings ratio of 14.69. The company has a 50-day moving average price of $59.32 and a 200 day moving average price of $58.73.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 17th will be paid a dividend of $0.345 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.31%.

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A number of equities analysts have weighed in on TRI shares. Macquarie increased their target price on shares of Thomson Reuters Corp from C$49.90 to C$70.00 in a research report on Thursday, June 15th. TD Securities increased their target price on shares of Thomson Reuters Corp from C$61.00 to C$65.00 and gave the stock a “hold” rating in a research report on Monday, May 1st. National Bank Financial increased their target price on shares of Thomson Reuters Corp from C$64.00 to C$66.00 and gave the stock an “outperform” rating in a research report on Monday, July 31st. Scotiabank increased their target price on shares of Thomson Reuters Corp to C$47.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a C$59.00 target price on shares of Thomson Reuters Corp in a research report on Thursday. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Thomson Reuters Corp has an average rating of “Hold” and a consensus price target of C$57.38.

Thomson Reuters Corp Company Profile

Thomson Reuters Corporation provides news and information for professional markets worldwide. It operates through three segments: Financial & Risk, Legal, and Tax & Accounting. The company sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.

Insider Buying and Selling by Quarter for Thomson Reuters Corp (TSE:TRI)

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