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TSE:TRI

Thomson Reuters Corp (TRI.TO)

154.15
+1.03 (0.67%)
as of Oct 16, 2026, 8:00:00 pm Market Open.
223 watching
0
PARTIAL BUY
(A Top Pick Aug 3/11. Down 26.79%.) He bought this company for its strong franchises and its strong cash generation, and more importantly, returning cash to shareholders. Yield is very safe. Suffered in 2011 because of perception more than reality, of the collapse in their financial business. Ahat really hasn't happened. Revenues have been disappointing relative to expectations but they've done the management change. 4.7% yield. Pick away in 2012.
HOLD
Major problem has been the losing of market share to people like Bloomberg but secondly the financial market, which is a very big part of their market, has been hit with all the banks, etc cutting back so they don’t need as many screens. Good balance sheet and pays a reasonable dividend. Wait to see if they’ve got the bugs ironed out on their Icon system.
SELL
Going through the wars. Just replaced some senior managers. Seems to be floundering. 4.8% dividend yield. He would look elsewhere right now.
HOLD
Stock has been pretty beat up and has been frustrating for shareholders. Very valuable business and has done well over the long term. Still not at levels that he would consider as a real value stock. Doesn't see any imminent catalyst for the share price to move higher but not much downside either.
SELL
Sold 2 or 3 months ago at a loss because the merger did not get the efficiencies they were hoping for.
TOP PICK
Taken some time for their integration of Reuters but this will be coming to a close at the end of this quarter. Spins off a lot of free cash flow. On par to generate about $840 million in free cash flow in Q4. Have plans to grow their free cash flow $3 billion by 2013-2015. Even though you have to be patient, you collect a nice 4% dividend.
DON'T BUY
Thinks the dividend is very safe and it will continue to go higher. Expensive on a PE basis. Until there is more comfort with US financials, he would avoid this one.
HOLD
Has been a perennial disappointment. The Thomson Reuters merger worked out pretty well. Very strong positions in legal publishing, etc. 4.5% dividend.
DON'T BUY
Analysts keep saying that the earnings are good and growing and the stock is going to explode but it never does.
HOLD
2 major divisions. Financial markets and the professional division. Focus recently has been on the markets area and has been trading like a financial. There are some growth issues on this side of it over the next year. Great yield of almost 4%. Trading at its lowest multiple in probably 10 years.
DON'T BUY
Great company. Sold newspaper division at an opportune time. Has always been an expensive company. Their largest business is the markets side and that business has been suffering. Earnings growth is questionable at the present. Great management running a company in a tough industry. Dividend payout ratio is high.
PAST TOP PICK
Is going to be a bit challenged until the economy improves. Has share buy-back in place which looks good. Making management changes to the company to help with the execution.
COMMENT
Very high quality name that generally trades with the market. If you believe in a Santa Claus rally, like he does, it should participate fully in that.
HOLD
Really interesting at this point. Their business has not fallen that drastically. They are a beta for the financial markets and specifically track the bank indexes. Their financial products are highly sensitive to a cut in spending for a lot of the banks. However, they also have legal, medical and marketing data. Trading at 5X EBITDA versus their normal 7X.
SELL
Not a big fan of what you are getting here. You are not getting a fantastically or terrifically managed company.
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