The Oxford Asset Administration Reduces stake in Trinseo SA (TSE)

Trinseo SA logoOxford Asset Administration diminished its stake in Trinseo SA (NYSE:TSE) by 9.three% throughout the second quarter, Holdings Channel experiences. The institutional investor owned 132,175 shares of the corporate’s inventory after promoting 13,588 shares throughout the interval. Oxford Asset Administration’s holdings in Trinseo SA had been value $5,674,000 on the finish of the latest quarter.

Numerous different mbadive traders additionally not too long ago added to or diminished their stakes in TSE. Meeder Asset Administration Inc. purchased a brand new stake in Trinseo SA throughout the first quarter valued at roughly $164,000. Goldman Sachs Group Inc. raised its stake in Trinseo SA by 425.7% within the first quarter. Goldman Sachs Group Inc. now owns 395,534 shares of the corporate’s inventory valued at $14,559,000 after shopping for a further 320,297 shares within the final quarter. Bogle Funding Administration L P DE purchased a brand new stake in Trinseo SA throughout the first quarter valued at roughly $576,000. Hanbad Holding Co. raised its stake in Trinseo SA by three.zero% within the first quarter. Hanbad Holding Co. now owns 26,930 shares of the corporate’s inventory valued at $991,000 after shopping for a further 780 shares within the final quarter. Lastly, Renaissance Applied sciences LLC raised its stake in Trinseo SA by 103.three% within the first quarter. Renaissance Applied sciences LLC now owns 337,500 shares of the corporate’s inventory valued at $12,423,000 after shopping for a further 171,500 shares within the final quarter.

Institutional Ownership by Quarter for Trinseo SA (NYSE:TSE)

Trinseo SA (NYSE:TSE) remained flat at $49.80 on Friday. 1,406,650 shares of the corporate’s inventory had been exchanged. The corporate has a market capitalization of $2.22 billion, a P/E ratio of eight.50 and a beta of two.50. Trinseo SA has a 52-week low of $21.92 and a 52-week excessive of $60.02. The corporate’s 50-day transferring common worth is $54.36 and its 200-day transferring common worth is $50.24.

Trinseo SA (NYSE:TSE) final introduced its earnings outcomes on Wednesday, November 2nd. The corporate reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.68 by $zero.02. Trinseo SA had a return on fairness of 76.22% and a web margin of seven.65%. The corporate had income of $935 million for the quarter, in comparison with the consensus estimate of $988.75 million. Throughout the identical interval final yr, the enterprise posted $1.07 EPS. The corporate’s income was down 9.zero% on a year-over-year foundation. On common, equities badysis badysts predict that Trinseo SA will put up $7.10 EPS for the present fiscal yr.

The enterprise additionally not too long ago introduced a quarterly dividend, which was paid on Wednesday, October 26th. Shareholders of file on Wednesday, October 12th had been paid a $zero.30 dividend. The ex-dividend date was Friday, October seventh. This represents a $1.20 annualized dividend and a dividend yield of two.41%. Trinseo SA’s dividend payout ratio (DPR) is at the moment 20.44%.

TSE has been the subject of a number of current badysis experiences. Citigroup Inc. upped their worth goal on Trinseo SA from $48.00 to $53.00 and gave the inventory a “impartial” ranking in a badysis report on Friday, July 15th. Deutsche Financial institution AG upped their goal worth on Trinseo SA from $55.00 to $58.00 and gave the inventory a “purchase” ranking in a badysis notice on Wednesday, August third. Jefferies Group reaffirmed a “purchase” ranking and set a $65.00 goal worth on shares of Trinseo SA in a badysis notice on Thursday. Lastly, Zacks Funding Analysis downgraded Trinseo SA from a “strong-buy” ranking to a “maintain” ranking in a badysis notice on Saturday. 4 funding badysts have rated the inventory with a maintain ranking and two have given a purchase ranking to the inventory. The inventory has a mean ranking of “Maintain” and a consensus goal worth of $49.71.

In different Trinseo SA information, Director Ruth Springham bought 10,669,567 shares of Trinseo SA inventory in a transaction that occurred on Friday, September 23rd. The inventory was bought at a mean worth of $54.05, for a complete worth of $576,690,096.35. The sale was disclosed in a submitting with the SEC, which could be accessed via the SEC web site. zero.45% of the inventory is owned by firm insiders.

About Trinseo SA

Trinseo SA is a supplies firm. The Firm operates below two divisions: Efficiency Supplies and Fundamental Plastics & Feedstocks. The Efficiency Supplies division’s segments embody Artificial Rubber, Latex and Efficiency Plastics. The Latex section produces styrene-butadiene latex (SB latex) for coated paper and packaging board, carpet and synthetic turf backings, in addition to a variety of efficiency latex purposes.

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