American International Group Inc. lowered its stake in shares of Trinseo S.A. (NYSE:TSE) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,051 shares of the basic materials company’s stock after selling 351 shares during the period. American International Group Inc. owned approximately 0.10% of Trinseo worth $1,879,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TSE. ARP Americas LP acquired a new position in shares of Trinseo in the 4th quarter valued at about $362,000. California State Teachers Retirement System boosted its holdings in shares of Trinseo by 2.3% in the 4th quarter. California State Teachers Retirement System now owns 67,075 shares of the basic materials company’s stock valued at $3,071,000 after buying an additional 1,513 shares during the period. Prudential PLC boosted its holdings in shares of Trinseo by 32.6% in the 4th quarter. Prudential PLC now owns 6,574,844 shares of the basic materials company’s stock valued at $300,996,000 after buying an additional 1,615,970 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Trinseo by 9.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,004,703 shares of the basic materials company’s stock valued at $45,995,000 after buying an additional 84,949 shares during the period. Finally, Alambic Investment Management L.P. acquired a new position in shares of Trinseo in the 4th quarter valued at about $1,414,000.

Trinseo stock opened at $44.96 on Thursday. The company has a quick ratio of 2.09, a current ratio of 3.04 and a debt-to-equity ratio of 1.51. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 6.20, a PEG ratio of 0.55 and a beta of 2.10. Trinseo S.A. has a 52-week low of $42.10 and a 52-week high of $82.18.

Trinseo (NYSE:TSE) last posted its earnings results on Wednesday, February 13th. The basic materials company reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion. Trinseo had a net margin of 6.32% and a return on equity of 40.17%. Trinseo’s revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.14 EPS. Equities analysts forecast that Trinseo S.A. will post 6.75 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend is Wednesday, April 10th. Trinseo’s payout ratio is 22.07%.

Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of Trinseo from a “sell” rating to a “hold” rating in a report on Wednesday. Jefferies Financial Group lowered shares of Trinseo from a “buy” rating to a “hold” rating and decreased their price target for the company from $80.00 to $55.00 in a report on Friday, December 7th. Alembic Global Advisors set a $75.00 price target on shares of Trinseo and gave the company a “buy” rating in a report on Thursday, February 14th. Deutsche Bank reduced their target price on shares of Trinseo to $55.00 and set a “buy” rating for the company in a research note on Wednesday, January 23rd. Finally, ValuEngine lowered shares of Trinseo from a “sell” rating to a “strong sell” rating in a research note on Friday, March 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Trinseo currently has a consensus rating of “Hold” and an average target price 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.

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Institutional Ownership by Quarter for Trinseo (NYSE:TSE)

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