Here is the rundown on market activity for Trinseo S.A. Ordinary Shares (NYSE:TSE). Director Michel Plantevin sold 10,669,567 shares at an average price of $54.05 on Fri the 23rd. The Director now owns $0 of the stock as reported to the SEC. Ruth Springham, Director reported the sale of 10,669,567 shares. The shares were purchased at an average price of $54.05. The Director now owns $0 of the stock per the Form 4 SEC filing.
Director Stephen F. Thomas sold 10,669,567 shares at an average price of $54.05 on Fri the 23rd. That brings the Director’s holdings to $0 per an SEC filing yesterday.
The following firms have also recently changed their position in TSE. As of the end of the quarter Royal Bank Of Canada had acquired a total of 206 shares growing its position 438.3%. The value of the investment in Trinseo S.A. Ordinary Shares went from $1,000 to $11,000 increasing 1,000.0% since the last quarter. As of quarter end Howe & Rusling Inc had bought 12 shares growing its holdings by 13.8%. The value in dollars increased from $3,000 to $4,000 a change of $1,000 for the reporting period.
As of quarter end Schwab Charles Investment Management Inc had acquired a total of 109,482 shares growing its stake by 54.2%. The value of the investment in (TSE) went from $5,693,000 to $13,366,000 a change of 134.8% quarter to quarter. Numeric Investors LLC added to its holdings by buying 289,900 shares an increase of 594.1% in the quarter. Numeric Investors LLC controls 338,700 shares valued at $14,540,000. The total value of its holdings increased 709.6%.
On July 15 Citigroup maintained a company rating of “Neutral” but raised the price expectation to $53.00 from $45.00. April 18 investment analysts at Citigroup made no change to the stock rating of “Neutral” but raised the price target from $36.00 to $45.00.
Equity analyst Goldman Sachs both downgraded the stock and lowered the price target on July 8 changing the price objective from $34.00 to $29.00 and moving the rating from “Buy” to “Neutral”. On July 8 the stock rating was downgraded from “Buy” to “Neutral” with a current price target of $29.00 in an announcement from Goldman Sachs.
May 11 investment analysts at Barclays kept the company rating at “Equal-weight” and moved up the price target from $21.00 to $25.00. May 7 investment analysts at Deutsche Bank made no change to the company rating of “Buy” and raised the price expectation to $30.00 from $28.00.
The company is trading up from yesterday’s close of $55.04. The company recently announced a dividend for shareholders that was paid on Wed Jul 20, 2016. The dividend was $0.300 per share for the quarter which comes to $1.20 on an annualized basis. This dividend represents a yeild of $2.17 which is the dividend as a percentage of the current share price. The ex-dividend date was Friday the 1st of July 2016.
Shares last traded at $56.80 which is marginally over the 50 day moving average which is $55.49 and which is just over the 200 day moving average of $46.96. The 50 day moving average went up $1.31 or +2.36% whereas the 200 day average was up by +20.96%.
The P/E ratio is currently 10.36 and market cap is 2.64B. In the latest earnings report the EPS was $5.48 and is projected to be $7.13 for the current year with 46,406,000 shares outstanding. Next quarter’s EPS is expected be $1.53 and the next full year EPS is projected to be $7.32.