Fox Run Management L.L.C. acquired a new stake in shares of PolyOne Co. (NYSE:POL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,743 shares of the specialty chemicals company’s stock, valued at approximately $859,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in POL. Schwab Charles Investment Management Inc. raised its holdings in shares of PolyOne by 1.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 616,245 shares of the specialty chemicals company’s stock valued at $26,807,000 after purchasing an additional 8,784 shares in the last quarter. Dalton Greiner Hartman Maher & Co. raised its holdings in shares of PolyOne by 4.3% in the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 451,889 shares of the specialty chemicals company’s stock valued at $19,657,000 after purchasing an additional 18,829 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of PolyOne by 176.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 20,759 shares of the specialty chemicals company’s stock valued at $831,000 after purchasing an additional 13,243 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in shares of PolyOne by 21.9% in the 3rd quarter. Neuberger Berman Group LLC now owns 6,913 shares of the specialty chemicals company’s stock valued at $277,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Magnetar Financial LLC bought a new stake in shares of PolyOne in the 3rd quarter valued at about $256,000. Institutional investors own 93.67% of the company’s stock.

PolyOne Co. (NYSE:POL) opened at $44.77 on Friday. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.96 and a quick ratio of 1.38. PolyOne Co. has a 12-month low of $31.68 and a 12-month high of $46.79. The stock has a market cap of $3,589.32, a P/E ratio of -58.91, a PEG ratio of 1.80 and a beta of 1.84.

PolyOne (NYSE:POL) last issued its quarterly earnings data on Wednesday, October 25th. The specialty chemicals company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03. PolyOne had a negative net margin of 1.87% and a positive return on equity of 27.77%. The firm had revenue of $818.50 million for the quarter, compared to the consensus estimate of $789.32 million. During the same quarter in the previous year, the firm earned $0.55 EPS. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. research analysts forecast that PolyOne Co. will post 2.19 earnings per share for the current year.

Several research firms have recently commented on POL. SunTrust Banks restated a “buy” rating and issued a $42.00 price target on shares of PolyOne in a report on Friday, October 27th. Jefferies Group restated a “hold” rating and issued a $42.00 price target on shares of PolyOne in a report on Thursday, October 19th. Zacks Investment Research upgraded shares of PolyOne from a “sell” rating to a “hold” rating in a report on Friday, October 27th. ValuEngine upgraded shares of PolyOne from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Robert W. Baird lowered shares of PolyOne from an “outperform” rating to a “neutral” rating and set a $46.00 price target for the company. in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $44.57.

COPYRIGHT VIOLATION NOTICE: “19,743 Shares in PolyOne Co. (POL) Purchased by Fox Run Management L.L.C.” was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.dailypolitical.com/2018/01/20/19743-shares-in-polyone-co-pol-purchased-by-fox-run-management-l-l-c.html.

About PolyOne

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.

Want to see what other hedge funds are holding POL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PolyOne Co. (NYSE:POL).

Institutional Ownership by Quarter for PolyOne (NYSE:POL)

Receive News & Ratings for PolyOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PolyOne and related companies with MarketBeat.com's FREE daily email newsletter.