Thomson Reuters Corp. (NYSE:TRI) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $43.68 and last traded at $43.46, with a volume of 266,714 shares traded. The stock had previously closed at $43.25.

A number of brokerages recently commented on TRI. Zacks Investment Research downgraded Thomson Reuters Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, May 5th. Barclays PLC reissued an “equal weight” rating and issued a $40.00 price target on shares of Thomson Reuters Corp. in a research note on Friday, July 15th. Morgan Stanley reissued a “hold” rating on shares of Thomson Reuters Corp. in a research note on Wednesday, April 27th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $52.00 price target (up previously from $49.50) on shares of Thomson Reuters Corp. in a research note on Tuesday, April 26th. Finally, Credit Suisse Group AG reissued a “buy” rating on shares of Thomson Reuters Corp. in a research note on Tuesday, July 12th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Thomson Reuters Corp. has an average rating of “Hold” and an average target price of $47.09.

The company has a market capitalization of $32.57 billion and a price-to-earnings ratio of 27.70. The company’s 50 day moving average is $41.59 and its 200 day moving average is $39.40.

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

Several institutional investors recently bought and sold shares of TRI. Schroder Investment Management Group increased 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 period. Deimos Asset Management LLC acquired a new position in shares of Thomson Reuters Corp. during the fourth quarter valued at about $1,509,000. BOKF NA increased its position in shares of 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. Cornerstone Capital Management Holdings LLC. increased its position in shares of 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. Finally, Comerica Bank increased its position in shares of Thomson Reuters Corp. by 0.8% in the fourth quarter. Comerica Bank now owns 44,223 shares of the company’s stock valued at $1,572,000 after buying an additional 355 shares during the last quarter.

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