Thomson Reuters Corp. (NYSE:TRI)’s share price reached a new 52-week high on Thursday . The company traded as high as $43.25 and last traded at $43.24, with a volume of 436,161 shares changing hands. The stock had previously closed at $42.56.

A number of equities analysts recently weighed in on the stock. Morgan Stanley reiterated a “hold” rating on shares of Thomson Reuters Corp. in a research report on Wednesday, April 27th. Credit Suisse Group AG reiterated a “buy” rating on shares of Thomson Reuters Corp. in a research report on Tuesday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $52.00 price objective (up from $49.50) on shares of Thomson Reuters Corp. in a research report on Tuesday, April 26th. TD Securities reiterated a “buy” rating and issued a $59.00 price objective (down from $61.00) on shares of Thomson Reuters Corp. in a research report on Tuesday, April 12th. Finally, Zacks Investment Research lowered shares of Thomson Reuters Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $47.00.

The stock has a market capitalization of $32.48 billion and a price-to-earnings ratio of 27.62. The stock has a 50-day moving average of $41.36 and a 200-day moving average of $39.20.

Thomson Reuters Corp. (NYSE:TRI) last issued its quarterly earnings data on Tuesday, April 26th. The company reported $0.48 EPS for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.04. During the same quarter in the previous year, the company earned $0.44 earnings per share. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.81 billion. Thomson Reuters Corp.’s quarterly revenue was down 1.0% compared to the same quarter last year. On average, analysts forecast that Thomson Reuters Corp. will post $2.05 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Thursday, May 19th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, May 17th. This represents a $1.36 dividend on an annualized basis and a yield of 3.20%.

Several hedge funds and institutional investors have added to or reduced their stakes in the company. Schroder Investment Management Group boosted its position in Thomson Reuters Corp. by 42.4% in the fourth quarter. Schroder Investment Management Group now owns 37,664 shares of the company’s stock valued at $1,901,000 after buying an additional 11,214 shares during the last quarter. Deimos Asset Management LLC acquired a new position in Thomson Reuters Corp. during the fourth quarter valued at about $1,509,000. Community Financial Services Group LLC boosted its position in Thomson Reuters Corp. by 2.2% in the fourth quarter. Community Financial Services Group LLC now owns 40,596 shares of the company’s stock valued at $1,536,000 after buying an additional 880 shares during the last quarter. BOKF NA boosted its position in Thomson Reuters Corp. by 3.1% in the fourth quarter. BOKF NA now owns 41,738 shares of the company’s stock valued at $1,580,000 after buying an additional 1,272 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in Thomson Reuters Corp. by 4.0% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 42,268 shares of the company’s stock valued at $1,600,000 after buying an additional 1,617 shares during the last quarter.

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