Woodbridge Company Limited The Purchases 1,778 Shares of Thomson Reuters Co. (TRI) Stock

Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) insider Woodbridge Company Limited The acquired 1,778 shares of Thomson Reuters stock in a transaction dated Thursday, November 23rd. The stock was acquired at an average cost of C$56.55 per share, with a total value of C$100,545.90.

Shares of Thomson Reuters Co. (TSE:TRI) traded down C$0.16 during midday trading on Monday, hitting C$56.39. The company had a trading volume of 388,730 shares, compared to its average volume of 719,259. Thomson Reuters Co. has a twelve month low of C$55.05 and a twelve month high of C$62.83.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 16th will be paid a $0.345 dividend. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.45%. Thomson Reuters’s payout ratio is 73.14%.

TRI has been the subject of several research reports. TD Securities reduced their price objective on Thomson Reuters from C$65.00 to C$64.00 and set a “buy” rating for the company in a research report on Thursday, November 2nd. National Bank Financial increased their price objective on Thomson Reuters from C$66.00 to C$69.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Scotiabank raised Thomson Reuters from a “sector perform” rating to an “outperform” rating and set a C$69.00 price objective for the company in a research report on Tuesday, October 17th. Finally, Royal Bank Of Canada reduced their price objective on Thomson Reuters to C$60.50 and set a “sector perform” rating for the company in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Thomson Reuters presently has a consensus rating of “Buy” and an average price target of C$63.79.

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Thomson Reuters Company Profile

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.

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

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