Tuesday, May 29, 2018

Insider Buying: Thomson Reuters Corp (TRI) Insider Buys 2,222 Shares of Stock

Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) insider Woodbridge Company Limited The acquired 2,222 shares of the stock in a transaction dated Friday, May 25th. The shares were bought at an average cost of C$50.19 per share, with a total value of C$111,522.18.

Thomson Reuters traded down C$0.50, hitting C$49.54, during trading hours on Tuesday, according to MarketBeat.com. 578,790 shares of the company’s stock were exchanged, compared to its average volume of 863,375. Thomson Reuters Corp has a 1-year low of C$46.69 and a 1-year high of C$62.12.

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The firm also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Thursday, May 17th will be issued a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a yield of 2.79%. The ex-dividend date is Wednesday, May 16th.

Several equities research analysts have recently issued reports on TRI shares. National Bank Financial raised shares of Thomson Reuters from a “sector perform” rating to an “outperform” rating and set a C$60.00 price objective for the company in a research report on Tuesday, April 24th. Berenberg Bank reduced their target price on shares of Thomson Reuters from C$45.00 to C$42.00 in a report on Tuesday, May 22nd.

About Thomson Reuters

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It 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 (TSE:TRI)

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