Insider Selling: Trinseo S.A. (TSE) Insider Sells $714,760.31 in Stock

Trinseo S.A. (NYSE:TSE) insider David Phillip Stasse sold 10,043 shares of Trinseo stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $71.17, for a total value of $714,760.31. Following the completion of the transaction, the insider now directly owns 28,684 shares in the company, valued at approximately $2,041,440.28. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Trinseo S.A. (NYSE TSE) opened at $69.75 on Thursday. Trinseo S.A. has a 1 year low of $53.40 and a 1 year high of $73.40. The firm has a market capitalization of $3,063.70, a price-to-earnings ratio of 9.14, a price-to-earnings-growth ratio of 1.15 and a beta of 2.36. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.59 and a quick ratio of 1.78.

Trinseo (NYSE:TSE) last issued its quarterly earnings results on Thursday, November 2nd. The basic materials company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($0.04). Trinseo had a net margin of 6.78% and a return on equity of 65.80%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the company earned $1.70 EPS. The company’s revenue was up 17.2% compared to the same quarter last year. equities research analysts anticipate that Trinseo S.A. will post 7.61 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 24th. Stockholders of record on Tuesday, October 10th were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.06%. The ex-dividend date was Friday, October 6th. Trinseo’s dividend payout ratio (DPR) is presently 22.54%.

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Large investors have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. acquired a new position in Trinseo in the second quarter valued at about $103,000. Canada Pension Plan Investment Board acquired a new position in Trinseo in the third quarter valued at about $161,000. Royal Bank of Canada increased its holdings in shares of Trinseo by 47.7% in the second 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 in the last quarter. Citigroup Inc. increased its holdings in shares of Trinseo by 10.7% in the second quarter. Citigroup Inc. now owns 2,698 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 260 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its holdings in shares of Trinseo by 85.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 3,112 shares of the basic materials company’s stock worth $189,000 after acquiring an additional 1,430 shares in the last quarter. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on TSE. Alembic Global Advisors reaffirmed a “buy” rating on shares of Trinseo in a research note on Tuesday, September 5th. Zacks Investment Research upgraded Trinseo from a “hold” rating to a “strong-buy” rating and set a $82.00 price target for the company in a report on Friday, July 21st. Deutsche Bank AG reiterated a “buy” rating and set a $74.00 price target (up from $72.00) on shares of Trinseo in a report on Wednesday, August 9th. BidaskClub upgraded Trinseo from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Finally, ValuEngine lowered Trinseo from a “strong-buy” rating to a “buy” rating in a report on Monday, August 14th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $77.00.

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.

Insider Buying and Selling by Quarter for Trinseo (NYSE:TSE)

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