Economy

Thomson Reuters Corp (TRI) to Release Quarterly Earnings on Wednesday

A number of other hedge funds have also recently added to or reduced their stakes in TRI. SG Americas Securities LLC now owns 4,900 shares of the business services provider's stock valued at $227,000 after acquiring an additional 1,497 shares in the last quarter. Scotia Capital has "Sector Perform" rating and $43 target.

Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. Centurylink Investment invested in 17,413 shares. Omnia Family Wealth LLC increased its stake in shares of Thomson Reuters Corp by 0.3% in the 2nd quarter. Massmutual Tru Fsb Adv has 77 shares. Huntington National Bank & Trust holds 2,300 shares.

COPYRIGHT VIOLATION NOTICE: "Zacks: Brokerages Anticipate Thomson Reuters Corp (TRI) Will Announce Quarterly Sales of $2.82 Billion" was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. Lombard Odier Asset Management (Europe) Limited has invested 0.01% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Van Berkom & Associates Inc. owns 795,541 shares or 1.97% of their USA portfolio. Raymond James & Assoc has invested 0.07% in Thomson Reuters Corp (NYSE:TRI). Hbk Investments Ltd Partnership accumulated 8,700 shares or 0% of the stock. Wellington Shields Cap Management Ltd Llc reported 0.04% in Thomson Reuters Corp (NYSE:TRI). Thomson Reuters Corp has a one year low of $39.39 and a one year high of $48.61.

Bnp Paribas Arbitrage Sa decreased its stake in Thomson Reuters Corp (TRI) by 3.01% based on its latest 2017Q2 regulatory filing with the SEC. The company had a trading volume of 625,875 shares. The institutional investor held 2.31 million shares of the publishing company at the end of 2017Q2, valued at $144.77 billion, down from 2.38 million at the end of the previous reported quarter. The stock has a market cap of $33.61 billion, a PE ratio of 11.55 and a beta of 0.75.

The stock decreased 0.29% or $0.21 on October 27, reaching $71.87. About 370,397 shares traded.

Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) last posted its quarterly earnings results on Tuesday, August 1st. It has underperformed by 16.70% the S&P500. First Fincl Bank Of Mount Dora Tru Invest Services owns 113,955 shares or 2.74% of their USA portfolio.

Investors wait Thomson Reuters Corp (NYSE:TRI) to report on November, 7. its quarterly earnings Wall Street analysts expect $0.57 earnings per share, up $0.03 or 5.56 % from last year's $0.54 same quarter earnings. T_TRI's profit would be $506.18M giving it 21.23 P/E if the $0.71 EPS is correct. This is assuming the current $0.71 EPS is accurate. Prnewswire.com's news article titled: "Thomson Reuters D&I Index Reveals 2017 Top 100 Most Diverse & Inclusive ..." with publication date: October 10, 2017 was also an interesting one. TD Securities raised Thomson Reuters Corp from a "hold" rating to a "buy" rating in a research report on Wednesday, September 6th. Therefore 25% are positive. Royal Bank Of Canada set a $45.00 price target on Thomson Reuters Corp and gave the company a "hold" rating in a report on Thursday, July 27th. Scotia Capital upgraded it to "Outperform" rating and $69 target in Tuesday, October 17 report. Thomson Reuters Corp. now has an average rating of "Hold" and a consensus price target of $47.43. They issued a "neutral" rating on the stock. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Thomson Reuters Corp.in a report on Thursday, November 3rd. The firm has "Hold" rating by RBC Capital Markets given on Monday, June 19. Finally, Macquarie started coverage on Thomson Reuters Corp.in a research note on Thursday, August 25th. The firm earned "Hold" rating on Tuesday, August 1 by Canaccord Genuity. Finally, Scotiabank upgraded shares of Thomson Reuters Corp from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $47.00 to $55.00 in a research report on Tuesday, October 17th.

Several equities analysts have weighed in on TRI shares.



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