Thomson Reuters Corporation (TRI): A Detailed Look at its Institutional Ownership

Thomson Reuters Corporation (NYSE:TRI) produced a 40.36% rally since recording the worst price of $36.33. Thanks to the latest 2.37% increase, it now trades at $51. Throughout the trading on 12/04/2018, the share price floated between $49.6 and $51.745. This company shares are -6.43% up from its target price of $47.72 and the current market capitalization stands at $25.59B. The recent change has given its price a 9.1% lead over SMA 50 and 0% deficit over its 52-week high. The stock witnessed 11.56% gains, 15.24% gains and 29.58% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TRI’s volatility during a week at 2.41% and during a month it has been found around 1.89%.

Thomson Reuters Corporation (TRI) Top Holders

Institutional investors currently hold around $8.66 billion or 38.1% in TRI stock. Look at its top three institutional owners. Royal Bank Of Canada owns $1.05 billion in Thomson Reuters Corporation, which represents roughly 4.09% of the company’s market cap and approximately 12.08% of the institutional ownership. Similar statistics are true for the second largest owner, Credit Suisse Ag/, which owns 17,888,868 shares of the stock are valued at $891.22 million. The third largest holder is Fil Ltd, which currently holds $667.22 million worth of this stock and that ownership represents nearly 2.61% of its market capitalization.

Thomson Reuters Corporation 13F Filings

At the end of September reporting period, 155 institutional holders increased their position in Thomson Reuters Corporation (NYSE:TRI) by some 45,743,301 shares, 143 decreased positions by 36,494,302 and 64 held positions by 91,600,000. That puts total institutional holdings at 174,000,000 shares, according to SEC filings. The stock grabbed 71 new institutional investments totaling 9,705,226 shares while 34 institutional investors sold out their entire positions totaling 7,102,052 shares.

Thomson Reuters Corporation (TRI) Analyst Guide

Several analysts have released their opinion on Thomson Reuters Corporation (NYSE:TRI), with 1 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 8 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.5 average brokerage recommendation.