PolyOne Co. (POL) Shares Bought by Boston Partners

Boston Partners lifted its position in PolyOne Co. (NYSE:POL) by 6.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 218,332 shares of the specialty chemicals company’s stock after purchasing an additional 13,919 shares during the quarter. Boston Partners’ holdings in PolyOne were worth $9,498,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in POL. Victory Capital Management Inc. raised its stake in shares of PolyOne by 42.7% in the third quarter. Victory Capital Management Inc. now owns 1,673,185 shares of the specialty chemicals company’s stock worth $66,978,000 after purchasing an additional 500,506 shares during the last quarter. American Century Companies Inc. raised its stake in shares of PolyOne by 72.8% in the third quarter. American Century Companies Inc. now owns 1,069,954 shares of the specialty chemicals company’s stock worth $42,830,000 after purchasing an additional 450,916 shares during the last quarter. Mesirow Financial Investment Management Equity Management purchased a new position in shares of PolyOne in the fourth quarter worth about $18,238,000. Wells Fargo & Company MN raised its stake in shares of PolyOne by 11.8% in the third quarter. Wells Fargo & Company MN now owns 2,343,438 shares of the specialty chemicals company’s stock worth $93,808,000 after purchasing an additional 246,918 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of PolyOne by 46.9% in the third quarter. Prudential Financial Inc. now owns 751,003 shares of the specialty chemicals company’s stock worth $30,062,000 after purchasing an additional 239,700 shares during the last quarter. Hedge funds and other institutional investors own 92.70% of the company’s stock.

PolyOne Co. (NYSE POL) opened at $40.42 on Friday. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 2.13. The firm has a market capitalization of $3,370.34, a P/E ratio of -57.74, a P/E/G ratio of 1.60 and a beta of 1.75. PolyOne Co. has a 12-month low of $32.43 and a 12-month high of $47.48.

PolyOne (NYSE:POL) last announced its quarterly earnings results on Friday, January 26th. The specialty chemicals company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $801.00 million during the quarter, compared to analysts’ expectations of $739.77 million. PolyOne had a positive return on equity of 29.46% and a negative net margin of 1.73%. PolyOne’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the business earned $0.38 earnings per share. equities analysts predict that PolyOne Co. will post 2.54 EPS for the current year.

POL has been the subject of several research analyst reports. Oppenheimer restated a “buy” rating and issued a $47.00 price objective on shares of PolyOne in a research note on Tuesday, January 23rd. Zacks Investment Research upgraded PolyOne from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research report on Tuesday, January 23rd. KeyCorp set a $47.00 price target on PolyOne and gave the company a “buy” rating in a research report on Thursday, October 26th. ValuEngine upgraded PolyOne from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, SunTrust Banks reiterated a “buy” rating and set a $42.00 price target on shares of PolyOne in a research report on Friday, October 27th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $45.71.

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PolyOne Company Profile

PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.

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Institutional Ownership by Quarter for PolyOne (NYSE:POL)

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