Institutional Investor Takes Profits on Thomson Reuters as Stock Struggles After a Strong Run

Montreal-based Jarislowsky Fraser disclosed the sale of 124,059 shares of Thomson Reuters (NASDAQ:TRI) for an estimated $22.8 million in its SEC filing for the period ended September 30.Investment management firm Jarislowsky Fraser reduced its holding in Thomson Reuters (NASDAQ:TRI) by 124,059 shares in the third quarter, according to its Form 13-F filed with the Securities and Exchange Commission on Tuesday. The estimated transaction value of the sale was approximately $22.8 million, calculated using the average share price during the period. The fund held nearly 2.9 million Thomson Reuters shares worth $448.3 million at the end of the quarter.The fund's post-transaction position accounts for 2.5% of the fund’s 13F assets under management as of September 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool