Thomson Reuters (TRI) Getting Favorable Media Coverage, Report Shows

News articles about Thomson Reuters (TSE:TRI) (NYSE:TRI) have been trending positive this week, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Thomson Reuters earned a daily sentiment score of 2.17 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 4 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news articles that may have effected Thomson Reuters’ analysis:

TSE:TRI opened at C$64.49 on Monday. Thomson Reuters has a fifty-two week low of C$46.69 and a fifty-two week high of C$64.76. The company has a debt-to-equity ratio of 58.70, a current ratio of 2.45 and a quick ratio of 0.21.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 17th. Stockholders of record on Thursday, November 15th will be paid a dividend of $0.452 per share. This represents a $1.81 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Wednesday, November 14th. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.45. Thomson Reuters’s dividend payout ratio is 87.18%.

A number of research analysts have commented on TRI shares. TD Securities increased their price target on shares of Thomson Reuters from C$64.00 to C$68.00 and gave the company a “buy” rating in a research report on Wednesday, October 10th. Berenberg Bank reduced their price target on shares of Thomson Reuters from C$45.00 to C$44.00 in a research report on Thursday, August 30th. National Bank Financial increased their price target on shares of Thomson Reuters from C$57.00 to C$59.00 and gave the company an “outperform” rating in a research report on Thursday, August 9th. Finally, BMO Capital Markets increased their price target on shares of Thomson Reuters from C$65.00 to C$69.00 in a research report on Wednesday, November 7th.

In other news, Director Vance A. Sider sold 88,548 shares of the stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of C$45.56, for a total transaction of C$4,034,246.88. Also, insider Brian Louis Scanlon sold 43,797 shares of the stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of C$47.61, for a total value of C$2,085,175.17. In the last three months, insiders have sold 147,345 shares of company stock valued at $6,834,172.

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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.

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