38.1% Of Thomson Reuters Corporation (TRI) Is Owned By Hedge Funds

Thomson Reuters Corporation (NYSE:TRI) recovered 36.54% of its value since hitting low of $36.33. The recent move of 0.57% gain helped the stock to close at $49.61 when trading ended on 01/15/2019. At recent session, the prices were hovering between $49.38 and $49.84. This company shares are -7.1% up from its target price of $46.09 and the current market capitalization stands at $24.94B. The recent change has given its price a 2.16% lead over SMA 50 and -4.13% deficit over its 52-week high. The stock witnessed -3.44% declines, 9.25% gains and 17.66% 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 1.21% and during a month it has been found around 1.8%.

Thomson Reuters Corporation (TRI) Top Holders

Institutional investors currently hold around $8.34 billion or 38.1% in TRI stock. Look at its top three institutional owners. Royal Bank Of Canada owns $1.04 billion in Thomson Reuters Corporation, which represents roughly 4.15% of the company’s market cap and approximately 12.42% 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 $882.46 million. The third largest holder is Fil Ltd, which currently holds $660.66 million worth of this stock and that ownership represents nearly 2.65% of its market capitalization.

Thomson Reuters Corporation 13F Filings

At the end of September reporting period, 150 institutional holders increased their position in Thomson Reuters Corporation (NYSE:TRI) by some 45,463,397 shares, 147 decreased positions by 36,486,362 and 58 held positions by 87,167,704. That puts total institutional holdings at 169,117,463 shares, according to SEC filings. The stock grabbed 66 new institutional investments totaling 9,579,435 shares while 37 institutional investors sold out their entire positions totaling 7,217,969 shares.

Thomson Reuters Corporation (TRI) Analyst Guide

Several analysts have released their opinion on Thomson Reuters Corporation (NYSE:TRI), with 0 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 8 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.53 average brokerage recommendation.