Thomson Reuters Corp Ordinary Shares (NYSE:TRI) Reports Decline in Sellers; Strong Momentum for Longs

October 13, 2018 - By Adrian Erickson

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Investors sentiment decreased to 0.7 in Q2 2018. Its down 0.06, from 0.76 in 2018Q1. It dived, as 33 investors sold Thomson Reuters Corporation shares while 87 reduced holdings. 23 funds opened positions while 61 raised stakes. 157.20 million shares or 8.08% less from 171.02 million shares in 2018Q1 were reported.
Northern Trust owns 0.01% invested in Thomson Reuters Corporation (NYSE:TRI) for 563,096 shares. 105 are held by Cwm Limited Company. X Management Ltd Liability Com reported 0.01% in Thomson Reuters Corporation (NYSE:TRI). Baldwin Brothers Inc Ma has invested 0% in Thomson Reuters Corporation (NYSE:TRI). United Cap Financial Advisers Lc holds 310,492 shares or 0.09% of its portfolio. Amp Capital Ltd holds 85,781 shares or 0.02% of its portfolio. Shell Asset Co invested in 0.1% or 124,891 shares. Hightower Advsrs Ltd Limited Liability Company reported 5,411 shares. Millennium Ltd Liability Com has 0.07% invested in Thomson Reuters Corporation (NYSE:TRI) for 1.33 million shares. Old Second Natl Bank Of Aurora reported 0.01% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). Captrust Fincl Advsrs owns 300 shares. 258,639 are held by Sector Pension Board. Cidel Asset Mngmt Inc holds 483,145 shares. Manufacturers Life Ins Com The has invested 0.05% in Thomson Reuters Corporation (NYSE:TRI). Troy Asset Limited stated it has 91,725 shares.

The stock of Thomson Reuters Corp Ordinary Shares (NYSE:TRI) registered a decrease of 3.43% in short interest. TRI’s total short interest was 4.74 million shares in October as published by FINRA. Its down 3.43% from 4.91 million shares, reported previously. With 2.11M shares average volume, it will take short sellers 2 days to cover their TRI’s short positions. The short interest to Thomson Reuters Corp Ordinary Shares’s float is 1.91%.

The stock increased 2.65% or $1.18 during the last trading session, reaching $45.64. About 2.70M shares traded or 1.09% up from the average. Thomson Reuters Corporation (NYSE:TRI) has declined 1.29% since October 13, 2017 and is downtrending. It has underperformed by 16.91% the S&P500.

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company has market cap of $25.89 billion. It operates through three divisions: Financial & Risk, Legal, and Tax & Accounting. It has a 27.3 P/E ratio. The firm sells electronic content and services to professionals primarily on a subscription basis.

Thomson Reuters Corporation (NYSE:TRI) Ratings Coverage

Among 4 analysts covering Thomson Reuters Corp Ordinary Shares (NYSE:TRI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Thomson Reuters Corp Ordinary Shares had 5 analyst reports since May 14, 2018 according to SRatingsIntel. On Wednesday, October 10 the stock rating was maintained by Bank of America with “Neutral”. The stock of Thomson Reuters Corporation (NYSE:TRI) earned “Neutral” rating by Bank of America on Monday, May 14. As per Monday, May 14, the company rating was maintained by Barclays Capital. On Monday, May 14 the stock rating was upgraded by Canaccord Genuity to “Buy”. The firm earned “Buy” rating on Monday, May 14 by RBC Capital Markets.

Another recent and important Thomson Reuters Corporation (NYSE:TRI) news was published by Seekingalpha.com which published an article titled: “Thomson Reuters: In-Depth Financial Analysis Of The Blackstone Deal” on September 16, 2018.

Thomson Reuters Corporation (NYSE:TRI) Ratings Chart

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