Mutual Advisors LLC Sells 134 Shares of LyondellBasell Industries (NYSE:LYB)

Mutual Advisors LLC lessened its stake in shares of LyondellBasell Industries (NYSE:LYBFree Report) by 0.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 14,252 shares of the specialty chemicals company’s stock after selling 134 shares during the period. Mutual Advisors LLC’s holdings in LyondellBasell Industries were worth $1,355,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in LYB. Blair William & Co. IL lifted its position in shares of LyondellBasell Industries by 1.0% in the first quarter. Blair William & Co. IL now owns 10,812 shares of the specialty chemicals company’s stock valued at $1,112,000 after acquiring an additional 107 shares in the last quarter. Sei Investments Co. lifted its position in shares of LyondellBasell Industries by 26.2% in the first quarter. Sei Investments Co. now owns 41,362 shares of the specialty chemicals company’s stock worth $4,349,000 after buying an additional 8,596 shares in the last quarter. Prudential PLC purchased a new stake in shares of LyondellBasell Industries in the first quarter worth about $731,000. Cetera Investment Advisers lifted its position in shares of LyondellBasell Industries by 29.0% in the first quarter. Cetera Investment Advisers now owns 7,488 shares of the specialty chemicals company’s stock worth $770,000 after buying an additional 1,684 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its position in shares of LyondellBasell Industries by 20.2% in the first quarter. Moors & Cabot Inc. now owns 6,268 shares of the specialty chemicals company’s stock worth $644,000 after buying an additional 1,053 shares in the last quarter. 71.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Chukwuemeka A. Oyolu sold 7,084 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $100.47, for a total value of $711,729.48. Following the transaction, the chief accounting officer now owns 27,575 shares of the company’s stock, valued at $2,770,460.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other LyondellBasell Industries news, EVP Kenneth Todd Lane sold 29,229 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $99.19, for a total transaction of $2,899,224.51. Following the completion of the sale, the executive vice president now owns 91,758 shares in the company, valued at $9,101,476.02. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Chukwuemeka A. Oyolu sold 7,084 shares of the stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $100.47, for a total value of $711,729.48. Following the sale, the chief accounting officer now owns 27,575 shares of the company’s stock, valued at approximately $2,770,460.25. The disclosure for this sale can be found here. Insiders have sold a total of 80,853 shares of company stock valued at $8,077,267 over the last quarter. 0.12% of the stock is owned by corporate insiders.

LyondellBasell Industries Trading Down 0.5 %

LYB opened at $100.48 on Tuesday. LyondellBasell Industries has a one year low of $84.80 and a one year high of $102.93. The stock has a market cap of $32.61 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 1.22 and a beta of 1.19. The stock’s 50 day moving average price is $97.19 and its 200-day moving average price is $95.46. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.17 and a current ratio of 1.84.

LyondellBasell Industries (NYSE:LYBGet Free Report) last announced its quarterly earnings data on Friday, February 2nd. The specialty chemicals company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($0.07). LyondellBasell Industries had a return on equity of 21.89% and a net margin of 5.16%. The firm had revenue of $9.93 billion during the quarter, compared to the consensus estimate of $9.85 billion. During the same period last year, the company earned $1.29 EPS. The firm’s revenue for the quarter was down 6.6% compared to the same quarter last year. On average, equities analysts forecast that LyondellBasell Industries will post 8.86 EPS for the current year.

LyondellBasell Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Monday, March 4th were paid a $1.25 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $5.00 annualized dividend and a yield of 4.98%. LyondellBasell Industries’s dividend payout ratio (DPR) is currently 77.28%.

Analyst Ratings Changes

LYB has been the topic of a number of research analyst reports. Wolfe Research initiated coverage on LyondellBasell Industries in a research report on Friday, March 1st. They issued an “underperform” rating on the stock. Deutsche Bank Aktiengesellschaft downgraded LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $105.00 price objective on the stock. in a research report on Wednesday, January 10th. Citigroup downgraded LyondellBasell Industries from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $105.00 to $98.00 in a research report on Wednesday, December 13th. Barclays decreased their price objective on LyondellBasell Industries from $102.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Monday, February 5th. Finally, Vertical Research upgraded LyondellBasell Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, LyondellBasell Industries presently has an average rating of “Hold” and a consensus price target of $101.33.

Get Our Latest Stock Analysis on LYB

LyondellBasell Industries Company Profile

(Free Report)

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.

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

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