PolyOne Corp. (NYSE:POL)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $36.37, but opened at $36.66. PolyOne Corp. shares last traded at $37.96, with a volume of 145,170 shares changing hands.

Several equities analysts have commented on the stock. Jefferies Group reissued a “hold” rating on shares of PolyOne Corp. in a report on Wednesday, July 6th. Zacks Investment Research upgraded shares of PolyOne Corp. from a “sell” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Wednesday, April 20th. Seaport Global Securities upgraded shares of PolyOne Corp. from an “accumulate” rating to a “buy” rating and raised their price target for the company from $37.00 to $41.00 in a research note on Wednesday, April 27th. Goldman Sachs Group Inc. raised their price target on shares of PolyOne Corp. from $32.00 to $33.00 in a research note on Tuesday, April 12th. Finally, TheStreet upgraded shares of PolyOne Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, April 26th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. PolyOne Corp. currently has a consensus rating of “Buy” and an average price target of $36.83.

The company has a 50 day moving average of $36.66 and a 200-day moving average of $31.70. The firm has a market cap of $3.15 billion and a price-to-earnings ratio of 21.44.

PolyOne Corp. (NYSE:POL) last released its quarterly earnings data on Tuesday, April 26th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.07. The business had revenue of $847 million for the quarter, compared to analysts’ expectations of $839.87 million. PolyOne Corp.’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. Analysts predict that PolyOne Corp. will post $2.21 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 17th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Wednesday, June 15th.

Several large investors recently made changes to their positions in POL. Dimensional Fund Advisors LP boosted its stake in shares of PolyOne Corp. by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,925,714 shares of the company’s stock valued at $61,162,000 after buying an additional 107,475 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of PolyOne Corp. by 2.2% in the fourth quarter. Jennison Associates LLC now owns 1,891,799 shares of the company’s stock valued at $60,084,000 after buying an additional 40,337 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of PolyOne Corp. by 102.9% in the fourth quarter. Marshall Wace LLP now owns 308,555 shares of the company’s stock valued at $9,800,000 after buying an additional 156,451 shares in the last quarter. UBS Oconnor LLC boosted its stake in shares of PolyOne Corp. by 23.8% in the fourth quarter. UBS Oconnor LLC now owns 322,525 shares of the company’s stock valued at $10,243,000 after buying an additional 62,029 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of PolyOne Corp. by 0.9% in the fourth quarter. Victory Capital Management Inc. now owns 2,443,885 shares of the company’s stock valued at $77,617,000 after buying an additional 22,296 shares in the last quarter.

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