Quaker Capital Investments LLC Decreased Its Stake in Trinseo S A (TSE) as Shares Declined

June 29, 2018 - By Ashley Bratcher

Trinseo S.A. (NYSE:TSE) Corporate Logo

Based on the latest 2018Q1 regulatory filing with the SEC, Quaker Capital Investments Llc decreased its holdings in Trinseo S A (TSE) by 9.85%. The company’s stock sank 9.62% while Quaker Capital Investments Llc sold 87,290 shares. The major chemicals company at the end of 2018Q1 was valued at $59.15M. It’s down from 886,020 at the end of the previous reported quarter. Now it had 798,730 shares held by the institutional investor . Quaker Capital Investments Llc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Trinseo S.A. (NYSE:TSE) is expected to reveal earnings on August, 1., according to Zacks. This year’s earnings per share analyst estimate is expected to be $2.20. That is 58.27 % up compareed to $1.39 earnings per share for last year. If $2.20 is reported, TSE’s profit will be $95.00M for 8.14 P/E. Last quarter $2.76 earnings per share was reported. Analysts forecasts -20.29 % negative EPS growth this quarter.

There’s a significant Trinseo S.A. (NYSE:TSE) news announced by Streetinsider.com. It’s an article titled: “Trinseo (TSE) Raises Quarterly Dividend 11.1% to $0.40; 2.2% Yield” on June 02, 2018.

Trinseo S.A. (NYSE:TSE) Ratings Coverage

Total analysts of 5 have positions in Trinseo (NYSE:TSE) as follows: 3 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 60%. Since January 12, 2018 according to StockzIntelligence Inc Trinseo has 8 analyst reports. On Monday, February 26 the rating was maintained by Barclays Capital with “Equal-Weight”. On Monday, March 26 the firm has “Buy” rating given by Alembic. On Wednesday, January 17 the stock has “Buy” rating by Wells Fargo. On Wednesday, February 21 the stock of Trinseo S.A. (NYSE:TSE) has “Outperform” rating given by Wells Fargo. In Friday, May 4 report Deutsche Bank maintained the stock with “Buy” rating. In Thursday, February 22 report Citigroup maintained it with “Neutral” rating and $83 target. On Thursday, February 1 Barclays Capital maintained Trinseo S.A. (NYSE:TSE) with “Equal-Weight” rating.

Trinseo S.A. (NYSE:TSE) Analyst Ratings Chart

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