San Francisco Sentry Investment Group CA raised its stake in shares of PolyOne Co. (NYSE:POL) by 46.4% in the 4th quarter, Holdings Channel reports. The firm owned 10,330 shares of the specialty chemicals company’s stock after purchasing an additional 3,275 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in PolyOne were worth $449,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Advisor Group Inc. increased its position in shares of PolyOne by 2.6% in the second quarter. Advisor Group Inc. now owns 3,254 shares of the specialty chemicals company’s stock worth $126,000 after acquiring an additional 84 shares in the last quarter. World Asset Management Inc acquired a new stake in shares of PolyOne in the third quarter worth $209,000. Rehmann Capital Advisory Group acquired a new stake in shares of PolyOne in the third quarter worth $211,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of PolyOne by 36.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,555 shares of the specialty chemicals company’s stock worth $242,000 after acquiring an additional 1,492 shares in the last quarter. Finally, Shelton Capital Management acquired a new stake in shares of PolyOne in the second quarter worth $246,000. 90.48% of the stock is owned by hedge funds and other institutional investors.

POL has been the subject of several recent research reports. Zacks Investment Research lowered shares of PolyOne from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. SunTrust Banks restated a “buy” rating and issued a $42.00 target price on shares of PolyOne in a research note on Friday, October 27th. ValuEngine upgraded shares of PolyOne from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Robert W. Baird downgraded shares of PolyOne from an “outperform” rating to a “neutral” rating and set a $46.00 target price for the company. in a research note on Tuesday, January 16th. Finally, Jefferies Group restated a “hold” rating and issued a $42.00 target price on shares of PolyOne in a research note on Thursday, October 19th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. PolyOne currently has a consensus rating of “Buy” and an average price target of $45.71.

PolyOne Co. (NYSE POL) opened at $40.42 on Monday. The firm has a market cap of $3,266.11, a price-to-earnings ratio of -57.74, a PEG ratio of 1.55 and a beta of 1.75. The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 2.13. PolyOne Co. has a 52 week low of $32.43 and a 52 week high of $47.48.

PolyOne (NYSE:POL) last announced its earnings results on Friday, January 26th. The specialty chemicals company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $801.00 million during the quarter, compared to the consensus estimate of $739.77 million. PolyOne had a negative net margin of 1.73% and a positive return on equity of 29.46%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.38 earnings per share. analysts anticipate that PolyOne Co. will post 2.54 EPS for the current fiscal year.

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PolyOne Company Profile

PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.

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Institutional Ownership by Quarter for PolyOne (NYSE:POL)

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