Thomson Reuters (TSE:TRI) Director Peter Thomson Purchases 134 Shares of Stock

Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) Director Peter Thomson bought 134 shares of Thomson Reuters stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average cost of C$145.42 per share, for a total transaction of C$19,486.28. Following the completion of the acquisition, the director directly owned 2,108 shares of the company’s stock, valued at approximately C$306,545.36. The trade was a 6.79% increase in their position.

Thomson Reuters Price Performance

TSE:TRI opened at C$132.18 on Friday. The business’s 50-day moving average is C$140.39 and its 200 day moving average is C$129.37. Thomson Reuters Co. has a 12 month low of C$107.91 and a 12 month high of C$230.00. The company has a market capitalization of C$57.26 billion, a P/E ratio of 35.19, a P/E/G ratio of 3.64 and a beta of 0.07. The company has a current ratio of 0.51, a quick ratio of 0.52 and a debt-to-equity ratio of 28.56.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$1.41 earnings per share for the quarter. Thomson Reuters had a return on equity of 14.27% and a net margin of 21.22%.The business had revenue of C$2.78 billion during the quarter. On average, equities research analysts forecast that Thomson Reuters Co. will post 5.6395803 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on TRI. TD set a C$200.00 price target on shares of Thomson Reuters and gave the stock a “buy” rating in a research report on Thursday, September 10th. National Bank Financial increased their price objective on shares of Thomson Reuters from C$171.00 to C$180.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$166.33.

About Thomson Reuters

Thomson Reuters (TSX/Nasdaq: TRI) powers business-critical professions with trusted AI technology built for high-stakes work. The company serves professionals across legal, tax, audit, accounting, compliance, government, and media with products that combine highly specialized software, authoritative content, and deep domain expertise. Reuters, part of Thomson Reuters, is a world-leading provider of trusted journalism and news.