Aperio Group LLC Has $6.31 Million Holdings in Thomson Reuters Corp (TRI)

Aperio Group LLC raised its holdings in shares of Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) by 4.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 137,514 shares of the business services provider’s stock after buying an additional 5,910 shares during the period. Aperio Group LLC’s holdings in Thomson Reuters Corp were worth $6,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TRI. Ameriprise Financial Inc. boosted its holdings in shares of Thomson Reuters Corp by 7.0% during the first quarter. Ameriprise Financial Inc. now owns 35,514 shares of the business services provider’s stock worth $1,535,000 after purchasing an additional 2,312 shares during the period. Teachers Advisors LLC boosted its holdings in shares of Thomson Reuters Corp by 10.7% during the first quarter. Teachers Advisors LLC now owns 356,056 shares of the business services provider’s stock worth $15,392,000 after purchasing an additional 34,508 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Thomson Reuters Corp by 9.5% during the first quarter. PNC Financial Services Group Inc. now owns 11,392 shares of the business services provider’s stock worth $492,000 after purchasing an additional 985 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Thomson Reuters Corp by 157.5% during the first quarter. Geode Capital Management LLC now owns 572,389 shares of the business services provider’s stock worth $24,753,000 after purchasing an additional 350,074 shares during the period. Finally, BlackRock Inc. boosted its holdings in shares of Thomson Reuters Corp by 11,279.4% during the first quarter. BlackRock Inc. now owns 3,853,749 shares of the business services provider’s stock worth $166,597,000 after purchasing an additional 3,819,883 shares during the period. Institutional investors and hedge funds own 26.09% of the company’s stock.

A number of research firms have recently weighed in on TRI. Zacks Investment Research lowered shares of Thomson Reuters Corp from a “buy” rating to a “hold” rating in a report on Saturday. Credit Suisse Group dropped their target price on shares of Thomson Reuters Corp from $52.00 to $51.00 and set a “neutral” rating for the company in a report on Thursday. Morgan Stanley dropped their target price on shares of Thomson Reuters Corp from $52.00 to $49.00 and set an “equal weight” rating for the company in a report on Thursday. Royal Bank Of Canada dropped their target price on shares of Thomson Reuters Corp from $48.00 to $47.00 and set a “sector perform” rating for the company in a report on Thursday. Finally, Canaccord Genuity reissued a “hold” rating and issued a $46.00 price target on shares of Thomson Reuters Corp in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $52.25.

Thomson Reuters Corp (TRI) opened at $44.58 on Monday. Thomson Reuters Corp has a one year low of $40.74 and a one year high of $48.61. The firm has a market cap of $31,861.52, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 2.18 and a beta of 0.74. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.48.

Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) last announced its earnings results on Wednesday, November 1st. The business services provider reported $0.68 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.10. Thomson Reuters Corp had a net margin of 27.20% and a return on equity of 13.92%. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter last year, the firm earned $0.54 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. equities research analysts expect that Thomson Reuters Corp will post 2.45 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.345 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Wednesday, November 15th. Thomson Reuters Corp’s dividend payout ratio is 33.09%.

WARNING: “Aperio Group LLC Has $6.31 Million Holdings in Thomson Reuters Corp (TRI)” was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at https://sportsperspectives.com/2017/11/06/aperio-group-llc-has-6-31-million-holdings-in-thomson-reuters-corp-tri.html.

Thomson Reuters Corp Profile

Thomson Reuters Corporation (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.

Institutional Ownership by Quarter for Thomson Reuters Corp (NYSE:TRI)

Receive News & Ratings for Thomson Reuters Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply