34,278 Shares in LyondellBasell Industries NV (LYB) Acquired by Capital Investment Advisors LLC

Capital Investment Advisors LLC acquired a new stake in shares of LyondellBasell Industries NV (NYSE:LYB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 34,278 shares of the specialty chemicals company’s stock, valued at approximately $3,782,000.

Several other large investors have also added to or reduced their stakes in LYB. Fiera Capital Corp lifted its holdings in shares of LyondellBasell Industries by 2.5% during the 2nd quarter. Fiera Capital Corp now owns 3,827 shares of the specialty chemicals company’s stock valued at $323,000 after purchasing an additional 94 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new position in shares of LyondellBasell Industries during the 2nd quarter valued at about $371,000. BlueMountain Capital Management LLC lifted its holdings in shares of LyondellBasell Industries by 69.5% during the 2nd quarter. BlueMountain Capital Management LLC now owns 17,145 shares of the specialty chemicals company’s stock valued at $1,447,000 after purchasing an additional 7,029 shares in the last quarter. Thrivent Financial For Lutherans lifted its holdings in shares of LyondellBasell Industries by 3.2% during the 2nd quarter. Thrivent Financial For Lutherans now owns 12,541 shares of the specialty chemicals company’s stock valued at $1,058,000 after purchasing an additional 391 shares in the last quarter. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of LyondellBasell Industries by 10.7% during the 2nd quarter. Artisan Partners Limited Partnership now owns 937,499 shares of the specialty chemicals company’s stock valued at $79,116,000 after purchasing an additional 90,923 shares in the last quarter. Institutional investors and hedge funds own 74.09% of the company’s stock.

Several equities analysts have recently weighed in on LYB shares. Citigroup upgraded LyondellBasell Industries from a “neutral” rating to a “buy” rating and set a $120.00 price objective on the stock in a report on Monday, December 18th. UBS Group lifted their price objective on LyondellBasell Industries from $88.00 to $96.00 and gave the company a “neutral” rating in a report on Friday, October 13th. Cowen reissued a “hold” rating and issued a $90.00 target price on shares of LyondellBasell Industries in a research report on Wednesday, October 4th. lowered LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $101.00 target price on the stock. in a research report on Tuesday, October 10th. Finally, SunTrust Banks reissued a “hold” rating and issued a $100.00 target price on shares of LyondellBasell Industries in a research report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $103.74.

In other LyondellBasell Industries news, Director Jagjeet S. Bindra sold 1,574 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $103.73, for a total transaction of $163,271.02. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.09% of the stock is owned by insiders.

Shares of LyondellBasell Industries NV (NYSE:LYB) traded down $1.79 during trading on Wednesday, reaching $115.89. The company had a trading volume of 1,996,200 shares, compared to its average volume of 1,554,960. LyondellBasell Industries NV has a 1-year low of $78.01 and a 1-year high of $118.13. The firm has a market cap of $45,840.00, a price-to-earnings ratio of 12.36, a PEG ratio of 1.39 and a beta of 1.08. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.49 and a current ratio of 2.40.

LyondellBasell Industries (NYSE:LYB) last posted its quarterly earnings results on Friday, October 27th. The specialty chemicals company reported $2.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.43 by ($0.02). LyondellBasell Industries had a return on equity of 58.13% and a net margin of 11.32%. analysts anticipate that LyondellBasell Industries NV will post 9.96 EPS for the current fiscal year.

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About LyondellBasell Industries

LyondellBasell Industries N.V. is a chemical company. The Company operates in five segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. The O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.

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Institutional Ownership by Quarter for LyondellBasell Industries (NYSE:LYB)

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