Shares of Thomson Reuters Corp. (NYSE:TRI) hit a new 52-week high during trading 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 brokerages have commented on TRI. Deutsche Bank AG reaffirmed a “hold” rating and set a $36.00 target price on shares of Thomson Reuters Corp. in a report on Monday, April 18th. Canaccord Genuity reaffirmed a “buy” rating on shares of Thomson Reuters Corp. in a report on Wednesday, April 20th. TD Securities reaffirmed a “buy” rating and set a $59.00 target price (down from $61.00) on shares of Thomson Reuters Corp. in a report on Tuesday, April 12th. Barclays PLC reaffirmed an “equal weight” rating and set a $40.00 target price on shares of Thomson Reuters Corp. in a report on Friday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $52.00 target price (up from $49.50) on shares of Thomson Reuters Corp. in a report on Tuesday, April 26th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Thomson Reuters Corp. currently has a consensus rating of “Hold” and a consensus price target of $47.09.

The firm has a 50-day moving average price of $41.43 and a 200 day moving average price of $39.26. The company has a market capitalization of $32.26 billion and a PE ratio of 27.43.

Thomson Reuters Corp. (NYSE:TRI) last released its earnings results on Tuesday, April 26th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.04. The company earned $2.79 billion during the quarter, compared to analyst estimates of $2.81 billion. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. Equities research analysts expect that Thomson Reuters Corp. will post $2.05 EPS for the current year.

Other hedge funds recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in Thomson Reuters Corp. by 82,854.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 2,000,030 shares of the company’s stock worth $105,589,000 after buying an additional 1,997,619 shares during the period. Sei Investments Co. boosted its stake in shares of Thomson Reuters Corp. by 20,653.3% in the fourth quarter. Sei Investments Co. now owns 54,166 shares of the company’s stock valued at $2,050,000 after buying an additional 53,905 shares during the last quarter. Gulf International Bank UK Ltd boosted its stake in shares of Thomson Reuters Corp. by 2.3% in the fourth quarter. Gulf International Bank UK Ltd now owns 106,101 shares of the company’s stock valued at $4,021,000 after buying an additional 2,400 shares during the last quarter. Deimos Asset Management LLC acquired a new stake in shares of Thomson Reuters Corp. during the fourth quarter valued at approximately $1,509,000. Finally, State of Wisconsin Investment Board boosted its stake in shares of Thomson Reuters Corp. by 27.5% in the fourth quarter. State of Wisconsin Investment Board now owns 544,746 shares of the company’s stock valued at $20,582,000 after buying an additional 117,430 shares during the last quarter.

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