Bailard Inc. trimmed its position in shares of Trinseo S.A. (NYSE:TSE) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,330 shares of the basic materials company’s stock after selling 1,080 shares during the period. Bailard Inc.’s holdings in Trinseo were worth $3,146,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Canada Pension Plan Investment Board acquired a new position in Trinseo during the 3rd quarter valued at about $161,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Trinseo by 44.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,465 shares of the basic materials company’s stock worth $179,000 after acquiring an additional 756 shares during the period. Royal Bank of Canada lifted its stake in shares of Trinseo by 47.7% in the 2nd quarter. Royal Bank of Canada now owns 2,611 shares of the basic materials company’s stock worth $179,000 after acquiring an additional 843 shares during the period. Citigroup Inc. lifted its stake in shares of Trinseo by 10.7% in the 2nd quarter. Citigroup Inc. now owns 2,698 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 260 shares during the period. Finally, Trilogy Capital Inc. acquired a new stake in shares of Trinseo in the 4th quarter worth approximately $224,000.

Shares of Trinseo S.A. (NYSE:TSE) opened at $80.20 on Thursday. The company has a quick ratio of 1.78, a current ratio of 2.59 and a debt-to-equity ratio of 2.05. Trinseo S.A. has a fifty-two week low of $57.70 and a fifty-two week high of $85.35. The company has a market cap of $3,395.85, a P/E ratio of 10.13, a P/E/G ratio of 0.93 and a beta of 2.31.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th were issued a $0.36 dividend. The ex-dividend date of this dividend was Monday, January 8th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.80%. Trinseo’s payout ratio is currently 22.54%.

A number of analysts have recently weighed in on the stock. Barclays upped their price target on shares of Trinseo from $78.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 1st. Zacks Investment Research lowered shares of Trinseo from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. ValuEngine raised shares of Trinseo from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $84.00 price target (up from $79.00) on shares of Trinseo in a research note on Wednesday, January 17th. Finally, Deutsche Bank upped their price target on shares of Trinseo to $92.00 and gave the stock a “buy” rating in a research note on Monday, January 15th. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $85.50.

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About Trinseo

Trinseo SA is a materials company engaged in the manufacture and marketing of synthetic rubber, latex and plastics. The Company’s segments include Latex Binders, Synthetic Rubber, Performance Plastics, Basic Plastics, Feedstocks and Americas Styrenics. The Latex Binders segment produces styrene-butadiene latex (SB latex) and other latex polymers and binders.

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Institutional Ownership by Quarter for Trinseo (NYSE:TSE)

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