Thomson Reuters Corp (TRI) : First National Bank Of Mount Dora Trust Investment Services reduced its stake in Thomson Reuters Corp by 9.55% during the most recent quarter end. The investment management company now holds a total of 87,097 shares of Thomson Reuters Corp which is valued at $3,788,720 after selling 9,198 shares in Thomson Reuters Corp , the firm said in a disclosure report filed with the SEC on Jul 18, 2016.Thomson Reuters Corp makes up approximately 2.10% of First National Bank Of Mount Dora Trust Investment Services’s portfolio.
Other Hedge Funds, Including , Regentatlantic Capital reduced its stake in TRI by selling 358 shares or 5.13% in the most recent quarter. The Hedge Fund company now holds 6,624 shares of TRI which is valued at $288,144. Thomson Reuters Corp makes up approx 0.03% of Regentatlantic Capital’s portfolio.Gradient Investments reduced its stake in TRI by selling 141 shares or 89.24% in the most recent quarter. The Hedge Fund company now holds 17 shares of TRI which is valued at $736.Nn Investment Partners Holdings N.v. reduced its stake in TRI by selling 23,369 shares or 57.6% in the most recent quarter. The Hedge Fund company now holds 17,204 shares of TRI which is valued at $732,202. Thomson Reuters Corp makes up approx 0.01% of Nn Investment Partners Holdings N.v.’s portfolio. Cutler Group Lp sold out all of its stake in TRI during the most recent quarter. The investment firm sold 12,864 shares of TRI which is valued $547,492.Kistler-tiffany Companies boosted its stake in TRI in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 215 shares of Thomson Reuters Corp which is valued at $8,791.
Thomson Reuters Corp opened for trading at $43.32 and hit $43.677 on the upside on Wednesday, eventually ending the session at $43.5, with a gain of 0.58% or 0.25 points. The heightened volatility saw the trading volume jump to 5,33,946 shares. Company has a market cap of $32,730 M.
On the company’s financial health, Thomson Reuters Corp reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.45. The company had revenue of $2793.00 million for the quarter, compared to analysts expectations of $2833.85 million. The company’s revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.44 EPS.
Many Wall Street Analysts have commented on Thomson Reuters Corp. Thomson Reuters Corp was Downgraded by TD Securities to ” Hold” on Jun 27, 2016.
Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. The Company is organized into four business units: Financial & Risk Legal Tax & Accounting and Intellectual Property & Science. Financial & Risk business unit provides news information and analytics enabling transactions and bringing together financial communities. It also provides regulatory and operational risk management solutions. Legal business unit provides online and print information decision tools software and services that support legal investigation business and government professionals. Tax & Accounting business unit provides integrated tax compliance and accounting information software and services for professionals in accounting firms corporations law firms and government. Intellectual Property & Science business unit provides intellectual property and scientific information decision support tools and services.