Thomson Reuters Corp (TRI) Shareholder Bnp Paribas Arbitrage Sa Has Cut Position by $4.49 Billion as Stock Price Declined

November 20, 2017 - By Richard Conner

Investors sentiment decreased to 0.67 in 2017 Q2. Its down 0.42, from 1.09 in 2017Q1. It worsened, as 44 investors sold TRI shares while 116 reduced holdings. 41 funds opened positions while 66 raised stakes. 184.16 million shares or 4.32% less from 192.47 million shares in 2017Q1 were reported. Panagora Asset reported 0% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Suntrust Banks owns 47,521 shares. Jefferies Llc reported 0.01% stake. 49,422 are held by Natixis. Illinois-based Guggenheim Lc has invested 0% in Thomson Reuters Corp (NYSE:TRI). Guardian Capital Lp has 1.37% invested in Thomson Reuters Corp (NYSE:TRI). 188 were accumulated by Delta Asset Management Tn. Addenda Capital invested in 12,900 shares. Moreover, Hillsdale Inv Management has 0.62% invested in Thomson Reuters Corp (NYSE:TRI). Sentry Invests holds 0.59% or 1.34M shares in its portfolio. Bb&T Securities Limited Liability Company holds 282,819 shares. Millennium Mngmt Lc has invested 0.14% in Thomson Reuters Corp (NYSE:TRI). Intact Mngmt Inc stated it has 1.47% in Thomson Reuters Corp (NYSE:TRI). 582,978 are held by Credit Agricole S A. The United Kingdom-based River & Mercantile Asset Ltd Liability Partnership has invested 0.04% in Thomson Reuters Corp (NYSE:TRI).

Bnp Paribas Arbitrage Sa decreased its stake in Thomson Reuters Corp (TRI) by 3.01% based on its latest 2017Q2 regulatory filing with the SEC. Bnp Paribas Arbitrage Sa sold 71,719 shares as the company’s stock declined 3.74% while stock markets rallied. The institutional investor held 2.31M shares of the publishing company at the end of 2017Q2, valued at $144.77B, down from 2.38M at the end of the previous reported quarter. Bnp Paribas Arbitrage Sa who had been investing in Thomson Reuters Corp for a number of months, seems to be less bullish one the $31.30B market cap company. The stock declined 0.01% or $0.01 reaching $43.86 per share. About 729,788 shares traded. Thomson Reuters Corp (NYSE:TRI) has risen 6.95% since November 20, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.

Bnp Paribas Arbitrage Sa, which manages about $33159.22 billion US Long portfolio, upped its stake in Usa Technologies Inc Com No Par (NASDAQ:USAT) by 3,480 shares to 3,497 shares, valued at $18.18 million in 2017Q2, according to the filing. It also increased its holding in Berkshire Hathaway Inc Del (BRKB) by 2.36M shares in the quarter, for a total of 2.36 million shares, and has risen its stake in Chunghwa Telecom Co Ltd (NYSE:CHT).

Analysts expect Thomson Reuters Corp (NYSE:TRI) to report $0.56 EPS on February, 8.They anticipate $0.04 EPS change or 6.67 % from last quarter’s $0.6 EPS. TRI’s profit would be $399.64 million giving it 19.58 P/E if the $0.56 EPS is correct. After having $0.68 EPS previously, Thomson Reuters Corp’s analysts see -17.65 % EPS growth.

More notable recent Thomson Reuters Corp (NYSE:TRI) news were published by: which released: “Thomson Reuters Corporation Announces 21% Rise In Q3 Earnings” on November 01, 2017, also with their article: “July 2018 Options Now Available For Thomson Reuters (TRI)” published on November 20, 2017, published: “KPMG and Thomson Reuters: Transforming Corporate Tax Processes” on November 14, 2017. More interesting news about Thomson Reuters Corp (NYSE:TRI) were released by: and their article: “Thomson Reuters -6.1% as Europe slowdown spurs revenue miss” published on November 01, 2017 as well as‘s news article titled: “Thomson Reuters Corp (TRI) Ex-Dividend Date Scheduled for November 15, 2017” with publication date: November 14, 2017.

Thomson Reuters Corp (NYSE:TRI) Ratings Coverage

Among 17 analysts covering Thomson Reuters (NYSE:TRI), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Thomson Reuters had 34 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, September 26. On Wednesday, July 29 the stock rating was upgraded by TD Securities to “Buy”. The rating was maintained by Piper Jaffray with “Hold” on Monday, September 18. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, October 23. The stock of Thomson Reuters Corp (NYSE:TRI) earned “Neutral” rating by Macquarie Research on Friday, August 26. On Tuesday, August 1 the stock rating was maintained by RBC Capital Markets with “Hold”. Berenberg initiated Thomson Reuters Corp (NYSE:TRI) rating on Thursday, April 20. Berenberg has “Sell” rating and $37 target. On Thursday, June 15 the stock rating was upgraded by Macquarie Research to “Outperform”. The firm has “Sector Outperform” rating by Scotia Capital given on Tuesday, October 17. The stock of Thomson Reuters Corp (NYSE:TRI) has “Equal-Weight” rating given on Thursday, November 2 by Morgan Stanley.

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