Kerry Hendrikx Sells 1,500 Shares of Thomson Reuters Co. (TSE:TRI) Stock
Kerry Hendrikx, a director at Thomson Reuters Co. (TSE:TRI, NYSE:TRI), sold 1,500 shares of the company's stock on Tuesday, March 25th. The shares were sold at an average price of C$247.06, resulting in a total sale value of C$370,591.65.
Thomson Reuters Stock Performance
On Friday, shares of TSE:TRI decreased by C$2.35, bringing the stock price down to C$244.70. In total, 151,285 shares traded during the day, which is lower than the average volume of 347,415. The company currently has a market capitalization of C$77.30 billion. It has a price-to-earnings (P/E) ratio of 36.85, a price/earnings to growth (P/E/G) ratio of 3.64, and a beta of 0.40. Thomson Reuters also has notable 52-week performance, recording a low of C$204.57 and a high of C$260.45. The company's debt-to-equity ratio stands at 24.28, with a current ratio of 0.94 and a quick ratio of 0.52. The stock's moving averages show a recent 50-day average of C$246.94 and a 200-day average of C$236.84.
Recent Earnings Results
Thomson Reuters released its earnings report on February 6th, revealing an earnings per share (EPS) of C$1.01 for the quarter. This was higher than analysts' expectation of C$0.97, surpassing by C$0.04. The company recorded a return on equity of 20.19% and a net margin of 32.12%. In the same quarter of the previous year, the EPS was reported at C$0.98. Analysts predict that for the current year, Thomson Reuters is likely to post an EPS of approximately 5.64.
Dividend Information
Recently, Thomson Reuters announced a quarterly dividend that was distributed on March 10th. Investors who held shares as of February 20th received a dividend of C$0.595 per share, translating to an annual dividend of C$2.38 and a yield of 0.97%. The current dividend payout ratio stands at 44.12%.
Analyst Ratings
Several analysts have provided updates on TRI shares. BMO Capital Markets recently adjusted their target price for Thomson Reuters from C$260.00 to C$265.00 and rated the stock as