Alps Advisors Inc. purchased a new stake in Trinseo (NYSE:TSE) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 5,867 shares of the basic materials company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSE. Schwab Charles Investment Management Inc. raised its stake in shares of Trinseo by 4.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 301,894 shares of the basic materials company’s stock valued at $21,918,000 after purchasing an additional 13,363 shares during the period. Bowling Portfolio Management LLC increased its position in shares of Trinseo by 39.1% in the fourth quarter. Bowling Portfolio Management LLC now owns 32,254 shares of the basic materials company’s stock valued at $2,342,000 after acquiring an additional 9,066 shares during the last quarter. James Investment Research Inc. increased its position in shares of Trinseo by 277.1% in the fourth quarter. James Investment Research Inc. now owns 44,591 shares of the basic materials company’s stock valued at $3,238,000 after acquiring an additional 32,765 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Trinseo by 115.4% in the fourth quarter. SG Americas Securities LLC now owns 3,858 shares of the basic materials company’s stock valued at $280,000 after acquiring an additional 2,067 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Trinseo by 769.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 9,446 shares of the basic materials company’s stock valued at $685,000 after acquiring an additional 8,360 shares during the last quarter. 99.65% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently issued reports on TSE. ValuEngine downgraded Trinseo from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 2nd. Barclays reaffirmed an “equal weight” rating and issued a $88.00 target price (up previously from $85.00) on shares of Trinseo in a research report on Monday, February 26th. Wells Fargo reaffirmed an “outperform” rating and issued a $90.00 target price (up previously from $86.00) on shares of Trinseo in a research report on Wednesday, February 21st. Jefferies Group lifted their target price on Trinseo to $97.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Finally, Zacks Investment Research downgraded Trinseo from a “buy” rating to a “hold” rating and set a $87.00 target price on the stock. in a research report on Saturday, February 10th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $87.33.

Shares of NYSE TSE opened at $76.25 on Thursday. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 0.82 and a beta of 2.30. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.81 and a current ratio of 2.74. Trinseo has a twelve month low of $75.90 and a twelve month high of $76.85.

Trinseo (NYSE:TSE) last announced its quarterly earnings results on Wednesday, May 2nd. The basic materials company reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $0.15. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.14 billion. Trinseo had a return on equity of 59.08% and a net margin of 7.42%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.42 earnings per share. analysts anticipate that Trinseo will post 9.12 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 25th. Shareholders of record on Wednesday, April 11th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Tuesday, April 10th. Trinseo’s dividend payout ratio (DPR) is presently 17.71%.

In other Trinseo news, insider Ryan J. Leib sold 2,974 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $80.68, for a total transaction of $239,942.32. Following the transaction, the insider now owns 7,340 shares of the company’s stock, valued at $592,191.20. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Marilyn N. Horner sold 33,124 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $80.25, for a total value of $2,658,201.00. Following the transaction, the senior vice president now directly owns 38,527 shares in the company, valued at approximately $3,091,791.75. The disclosure for this sale can be found here. In the last three months, insiders have sold 44,089 shares of company stock worth $3,554,204. Company insiders own 0.26% of the company’s stock.

Trinseo Company Profile

Trinseo SA, a materials company, manufactures and markets synthetic rubber, latex binders, and plastic products in Europe, the United States, the Asia Pacific, and internationally. The company operates through Latex Binders, Synthetic Rubber, Performance Plastics, Basic Plastics, Feedstocks, and Americas Styrenics segments.

Want to see what other hedge funds are holding TSE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trinseo (NYSE:TSE).

Institutional Ownership by Quarter for Trinseo (NYSE:TSE)

Receive News & Ratings for Trinseo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinseo and related companies with MarketBeat.com's FREE daily email newsletter.