Trinseo S.A. (NYSE:TSE) insider Catherine C. Keenan sold 12,264 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $38.17, for a total transaction of $468,116.88. Following the sale, the insider now directly owns 15,901 shares of the company’s stock, valued at $606,941.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NYSE:TSE opened at $38.14 on Tuesday. Trinseo S.A. has a 52 week low of $36.65 and a 52 week high of $82.18. The company has a quick ratio of 2.05, a current ratio of 2.81 and a debt-to-equity ratio of 1.61. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 5.26, a PEG ratio of 0.47 and a beta of 2.09.

Trinseo (NYSE:TSE) last issued its earnings results on Thursday, May 2nd. The basic materials company reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.02. Trinseo had a net margin of 4.61% and a return on equity of 30.47%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned $2.76 earnings per share. The business’s quarterly revenue was down 9.7% on a year-over-year basis. On average, research analysts anticipate that Trinseo S.A. will post 6.51 EPS for the current year.

Large investors have recently modified their holdings of the business. NumerixS Investment Technologies Inc bought a new stake in Trinseo in the first quarter valued at approximately $40,000. Pearl River Capital LLC bought a new stake in Trinseo in the fourth quarter valued at approximately $52,000. Ramsey Quantitative Systems bought a new stake in Trinseo in the fourth quarter valued at approximately $162,000. First Mercantile Trust Co. increased its stake in Trinseo by 11.8% in the fourth quarter. First Mercantile Trust Co. now owns 3,800 shares of the basic materials company’s stock valued at $174,000 after purchasing an additional 400 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of Trinseo by 1,777.8% during the first quarter. Nisa Investment Advisors LLC now owns 4,225 shares of the basic materials company’s stock worth $191,000 after acquiring an additional 4,000 shares in the last quarter. 97.06% of the stock is owned by hedge funds and other institutional investors.

TSE has been the subject of a number of recent research reports. Citigroup set a $58.00 price target on shares of Trinseo and gave the stock a “buy” rating in a research note on Friday, February 15th. Alembic Global Advisors set a $75.00 price target on shares of Trinseo and gave the stock a “buy” rating in a research note on Thursday, February 14th. ValuEngine raised shares of Trinseo from a “strong sell” rating to a “sell” rating in a research note on Friday, March 1st. Zacks Investment Research raised shares of Trinseo from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. Finally, Deutsche Bank lowered their target price on shares of Trinseo from $58.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Trinseo has an average rating of “Hold” and an average price target of $67.50.

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About Trinseo

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 six segments: Latex Binders, Synthetic Rubber, Performance Plastics, Polystyrene, Feedstocks, and Americas Styrenics.

Further Reading: Debt-To-Equity Ratio

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