5 New Stocks in Kamyar Khajavi’s MIK Capital Portfolio

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1. Thomson Reuters Corporation (NYSE:TRI)

MIK Capital’s Stake Value: $10,838,000

Percentage of MIK Capital’s 13F Portfolio: 5.5%

Number of Hedge Fund Holders: 27

Thomson Reuters Corporation (NYSE:TRI) is a Canadian multinational media giant. In 2008, Reuters Group was acquired by Thomson Corporation following which the company was named Thomson Reuters and operated under a dual-listed company structure.

In the second quarter of 2021, MIK Capital owned 109,120 shares of Thomson Reuters Corporation (NYSE:TRI) worth $10.8 million, representing 5.5% of the fund’s portfolio. As of the second quarter of 2021, 27 hedge funds out of the 873 tracked by Insider Monkey held stakes in the Thomson Reuters Corporation (NYSE:TRI). In the previous quarter, the number of hedge funds that owned shares in the company stood at 28 out of the total 866.

On October 6, TD Securities analyst Vince Valentini kept the price target for Thomson Reuters Corporation (NYSE:TRI) unchanged at $127.5 (C$160)  while upgrading the rating from Hold to Buy.

You can also take a look at 10 Stocks Making Moves on Quarterly Results and 10 Stocks to Buy in 2021 According to Carl Tiedemann’s TIG Advisors.

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