Quaker Capital Investments LLC Decreased Trinseo S A (TSE) Stake by $6.46 Million; Shares Declined

June 29, 2018 - By Mary Anderson

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

Quaker Capital Investments Llc reduced its stake by 9.85% in Trinseo S A (TSE), according to 2018Q1 SEC form. The company’s stock declined 9.62% with the market as Quaker Capital Investments Llc sold 87,290 shares. The major chemicals company announced $59.15 million value for the 2018Q1. Now the institutional investor is holding 798,730 shares, compared to the 886,020 from the previous quarter. 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.

On August, 1 Trinseo S.A. (NYSE:TSE)’s earnings report is awaited by WallStreet, Faxor reports. The EPS diference is $0.81 or 58.27 % up from last years number. Previous year: $1.39; Analysts forcast: $2.20. TSE’s profit could reach $95.00M if the current EPS of $2.20 is accurate. Wall Street now predicts -20.29 % negative EPS growth despite Trinseo S.A. last quarter’s EPS of $2.76.

There’s an important 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

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 Wednesday, January 17 the stock of Trinseo S.A. (NYSE:TSE) has “Buy” rating given by Wells Fargo. On Monday, February 26 the firm has “Equal-Weight” rating given by Barclays Capital. The company rating was maintained by Citigroup on Thursday, February 22. On Monday, March 26 the firm has “Buy” rating by Alembic given. The company rating was maintained by Deutsche Bank on Friday, May 4. In Thursday, February 1 report Barclays Capital maintained it with “Equal-Weight” rating and $85 target. On Wednesday, February 21 Wells Fargo maintained Trinseo S.A. (NYSE:TSE) rating. Wells Fargo has “Outperform” rating and $90 target.

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

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