As Trinseo S A (TSE) Shares Declined, Shareholder Quaker Capital Investments LLC Decreased Its Stake by $6.46 Million

June 29, 2018 - By Andre Harris

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

In Trinseo S A (TSE) was decreased the stake owned by Quaker Capital Investments Llc. The reduction is 9.85% according to 2018Q1 SEC filling. The company’s stock declined 9.62% with the market as Quaker Capital Investments Llc sold 87,290 shares. At the end of 2018Q1, the 798,730 shares of the major chemicals company held by the institutional investor were priced at $59.15 million, down from 886,020 at the end of the previous reported quarter. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

On August, 1 Trinseo S.A. (NYSE:TSE)’s earnings release is expected by WallStreet, according to RTT. Analysts expect change of 58.27 % or $0.81 from previous year’s $1.39 earnings per share compared to current’s $2.20 earnings per share. If earnings per share of $2.20 is published the profit of TSE could be $95.00 million giving it 8.14 P/E. Last quarter $2.76 earnings per share was reported. Analysts predicts -20.29 % negative EPS growth this quarter.

There’s a significant Trinseo S.A. (NYSE:TSE) news posted by Streetinsider.com. It’s a report 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

In total 5 analysts cover Trinseo (NYSE:TSE). “Buy” rating has 3, “Sell” are 0, while 2 are “Hold”. (NYSE:TSE) has 60% bullish analysts. 8 are the (NYSE:TSE)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Monday, March 26 the rating was maintained by Alembic with “Buy”. On Friday, May 4 the stock of Trinseo S.A. (NYSE:TSE) earned “Buy” rating by Deutsche Bank. On Wednesday, February 21 Wells Fargo maintained Trinseo S.A. (NYSE:TSE) with “Outperform” rating. On Wednesday, January 17 Wells Fargo maintained Trinseo S.A. (NYSE:TSE) with “Buy” rating. On Thursday, February 22 the firm earned “Neutral” rating by Citigroup. On Monday, February 26 the rating was maintained by Barclays Capital with “Equal-Weight”. On Thursday, February 1 the stock of Trinseo S.A. (NYSE:TSE) earned “Equal-Weight” rating by Barclays Capital.

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

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