Short traders are feeling a little more bullish on shares of Thomson Reuters Corp Ordinary S of late as evidenced by the change in short interest. The company had a fall in short interest from August 15, 2017 to August 31, 2017 of -13.19%. Short shares decreased 218,521 over that timeframe. The days to cover increased to 2.0 and the short interest percentage is 0.00% as of August 31.
Here are a few substantial investment firms who have updated their positions. As of quarter end Cantab Capital Partners Llp had bought a total of 1,827 shares growing its stake by 21.8%. The value of the company’s investment in Thomson Reuters Corp Ordinary S went from $363,000 to $473,000,000 a change of 130,203.0% for the reporting period. Squarepoint Ops LLC grew its stake by buying 238,854 shares an increase of 330.2%. Squarepoint Ops LLC claims 311,199 shares valued at $14,405,000. The total value of its holdings increased 360.7%.
As of the end of the quarter AHL Partners LLP had acquired 71,153 shares growing its holdings by 61.8%. The value of the investment in (TRI) increased from $4,976,000 to $8,621,000 a change of $3,645,000 quarter to quarter. Forsta Ap-fonden added to its ownership by buying 14,800 shares an increase of 11.5% in the quarter. Forsta Ap-fonden owns 143,175 shares with a value of $6,619,000. The value of the position overall is up by 19.6%.
On June 19 the company was upgraded to “Outperform” from “Hold” in an announcement from Deutsche Bank. On June 15 the company was set at “Outperform” according to a Macquarie report up from the previous “Neutral” rating.
In the market the company is trading up from yesterday’s close of 45.57. Thomson Reuters Corp Ordinary S also announced a dividend for shareholders that was paid on Friday the 15th of September 2017. The dividend was $0.345 per share for the quarter which is $1.38 annualized. This dividend represents a yield of $3.03 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Tuesday the 15th of August 2017.
The stock is trading at $45.69 marginally under $46.07, the 50 day moving average and which is marginally higher than the 200 day moving average of $44.78. The 50 day moving average went down $-0.39 or -0.8359% and the 200 day average went up $0.91 or +2.0221%.
The P/E ratio is 11.2195 and the market cap is 32.65B. In the last earnings report the EPS was $4.07 and is expected to be $2.44 for the current year with 714,704,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.63 and the next full year EPS is anticipated to be $2.64.
Thomson Reuters Corporation provides news and information for professional markets worldwide. It operates through three segments: Financial & Risk, Legal, and Tax & Accounting. The company sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics, as well as enables transactions and connects communities of trading, investment, financial, and corporate professionals. This segment also provides regulatory and operational risk management solutions. The Legal segment offers critical online and print information, decision tools, and software and services to support legal, investigation, business, and government professionals. The Tax & Accounting segment provides integrated tax compliance and accounting information, software, and services for professionals in accounting firms, corporations, law firms, and government. Thomson Reuters Corporation also operates Reuters, which provides real-time multimedia news and information services to newspapers, television and cable networks, radio stations, and Websites. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. Thomson Reuters Corporation was founded in 1799 and is based in Toronto, Canada..