Decker Retirement Planning Inc. Acquires Shares of 162 Thomson Reuters Co. (NYSE:TRI)

Decker Retirement Planning Inc. acquired a new stake in shares of Thomson Reuters Co. (NYSE:TRI) (TSE:TRI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 162 shares of the business services provider’s stock, valued at approximately $26,000.

Other large investors have also bought and sold shares of the company. Asset Dedication LLC lifted its stake in Thomson Reuters by 125.0% during the 3rd quarter. Asset Dedication LLC now owns 234 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 130 shares in the last quarter. Clean Yield Group bought a new position in Thomson Reuters during the 3rd quarter valued at $42,000. Ashton Thomas Securities LLC bought a new position in Thomson Reuters during the 3rd quarter valued at $47,000. Exchange Traded Concepts LLC lifted its stake in Thomson Reuters by 104.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 327 shares of the business services provider’s stock valued at $56,000 after acquiring an additional 167 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of Thomson Reuters by 67.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 496 shares of the business services provider’s stock worth $85,000 after purchasing an additional 200 shares during the period. 17.31% of the stock is currently owned by institutional investors.

Thomson Reuters Trading Up 0.8 %

NYSE:TRI opened at $159.37 on Friday. Thomson Reuters Co. has a 1 year low of $148.08 and a 1 year high of $176.03. The stock’s fifty day moving average price is $163.22 and its two-hundred day moving average price is $165.43. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $71.71 billion, a P/E ratio of 31.37, a P/E/G ratio of 4.89 and a beta of 0.72.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last issued its quarterly earnings data on Tuesday, November 5th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.03. The business had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Thomson Reuters had a return on equity of 14.85% and a net margin of 32.12%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.82 EPS. As a group, analysts expect that Thomson Reuters Co. will post 3.69 EPS for the current year.

Thomson Reuters Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 21st were given a $0.54 dividend. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.15. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date was Thursday, November 21st. Thomson Reuters’s dividend payout ratio (DPR) is 42.52%.

Wall Street Analyst Weigh In

TRI has been the topic of a number of recent analyst reports. Scotiabank lifted their target price on Thomson Reuters from $182.00 to $187.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, November 6th. Royal Bank of Canada lifted their target price on Thomson Reuters from $171.00 to $173.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 6th. StockNews.com upgraded Thomson Reuters from a “sell” rating to a “hold” rating in a research note on Wednesday, January 8th. Wells Fargo & Company initiated coverage on Thomson Reuters in a research note on Tuesday, November 26th. They set an “equal weight” rating and a $165.00 target price on the stock. Finally, CIBC lifted their target price on Thomson Reuters from $164.00 to $165.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $176.10.

Thomson Reuters Profile

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.