Shares of Trinseo S.A. (NYSE:TSE) traded down 6.5% during mid-day trading on Friday . The stock traded as low as $45.89 and last traded at $46.41. 567,434 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 368,125 shares. The stock had previously closed at $49.65.

Several analysts have issued reports on the stock. ValuEngine downgraded shares of Trinseo from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 11th. Barclays decreased their price objective on shares of Trinseo from $71.00 to $64.00 and set an “equal weight” rating for the company in a research note on Monday, November 12th. Citigroup raised shares of Trinseo from a “neutral” rating to a “buy” rating in a research report on Thursday, November 15th. Jefferies Financial Group lowered shares of Trinseo from a “buy” rating to a “hold” rating and reduced their target price for the stock from $80.00 to $55.00 in a research report on Friday. Finally, Zacks Investment Research lowered shares of Trinseo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $73.33.

The stock has a market capitalization of $2.09 billion, a P/E ratio of 5.71, a P/E/G ratio of 0.49 and a beta of 2.47. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.93 and a current ratio of 2.86.

Trinseo (NYSE:TSE) last issued its earnings results on Thursday, November 8th. The basic materials company reported $1.83 EPS for the quarter, topping the Zacks’ consensus estimate of $1.80 by $0.03. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.15 billion. Trinseo had a net margin of 8.82% and a return on equity of 52.61%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $2.18 earnings per share. Analysts predict that Trinseo S.A. will post 8.32 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 23rd. Shareholders of record on Wednesday, January 9th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, January 8th. This represents a $1.60 annualized dividend and a yield of 3.45%. Trinseo’s dividend payout ratio (DPR) is 19.68%.

In related news, Director Stephen M. Zide acquired 10,208 shares of the stock in a transaction dated Friday, November 30th. The stock was acquired at an average cost of $50.12 per share, for a total transaction of $511,624.96. Following the completion of the purchase, the director now owns 18,578 shares of the company’s stock, valued at approximately $931,129.36. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stephen M. Zide acquired 20,000 shares of the stock in a transaction dated Monday, December 3rd. The shares were bought at an average price of $51.17 per share, with a total value of $1,023,400.00. Following the completion of the purchase, the director now directly owns 18,578 shares of the company’s stock, valued at approximately $950,636.26. The disclosure for this purchase can be found here. 1.00% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of TSE. Boston Partners lifted its stake in shares of Trinseo by 18.1% during the second quarter. Boston Partners now owns 2,970,617 shares of the basic materials company’s stock worth $210,765,000 after buying an additional 454,842 shares during the period. Artemis Investment Management LLP acquired a new stake in shares of Trinseo during the third quarter worth $30,486,000. American Century Companies Inc. lifted its stake in shares of Trinseo by 3,823.5% during the third quarter. American Century Companies Inc. now owns 288,968 shares of the basic materials company’s stock worth $22,626,000 after buying an additional 281,603 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Trinseo by 73.3% during the third quarter. Wells Fargo & Company MN now owns 492,704 shares of the basic materials company’s stock worth $38,578,000 after buying an additional 208,345 shares during the period. Finally, Teachers Advisors LLC lifted its stake in shares of Trinseo by 176.9% during the third quarter. Teachers Advisors LLC now owns 291,767 shares of the basic materials company’s stock worth $22,845,000 after buying an additional 186,402 shares during the period. Institutional investors and hedge funds own 96.58% of the company’s stock.

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Trinseo Company Profile (NYSE:TSE)

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.

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