Universal Beteiligungs und Servicegesellschaft mbH Has $7.88 Million Holdings in LyondellBasell Industries N.V. $LYB

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of LyondellBasell Industries N.V. (NYSE:LYB) by 18.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,616 shares of the specialty chemicals company’s stock after selling 37,161 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in LyondellBasell Industries were worth $7,877,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Samalin Investment Counsel LLC increased its stake in LyondellBasell Industries by 47.3% in the 3rd quarter. Samalin Investment Counsel LLC now owns 19,793 shares of the specialty chemicals company’s stock valued at $971,000 after buying an additional 6,356 shares during the period. Forvis Mazars Wealth Advisors LLC grew its holdings in shares of LyondellBasell Industries by 15.0% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 4,814 shares of the specialty chemicals company’s stock valued at $236,000 after acquiring an additional 629 shares in the last quarter. Cascade Investment Group Inc. grew its holdings in shares of LyondellBasell Industries by 3.6% during the 3rd quarter. Cascade Investment Group Inc. now owns 17,823 shares of the specialty chemicals company’s stock valued at $874,000 after acquiring an additional 627 shares in the last quarter. Live Oak Investment Partners acquired a new position in shares of LyondellBasell Industries in the third quarter worth $335,000. Finally, Arkadios Wealth Advisors raised its holdings in shares of LyondellBasell Industries by 130.2% during the third quarter. Arkadios Wealth Advisors now owns 15,836 shares of the specialty chemicals company’s stock worth $777,000 after acquiring an additional 8,957 shares in the last quarter. 71.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other LyondellBasell Industries news, EVP Kimberly A. Foley bought 5,661 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was purchased at an average price of $43.56 per share, for a total transaction of $246,593.16. Following the purchase, the executive vice president directly owned 67,688 shares in the company, valued at $2,948,489.28. This trade represents a 9.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.14% of the stock is currently owned by insiders.

LyondellBasell Industries Price Performance

Shares of LyondellBasell Industries stock opened at $50.96 on Monday. The company has a current ratio of 1.57, a quick ratio of 0.93 and a debt-to-equity ratio of 1.00. The firm has a fifty day simple moving average of $45.83 and a 200-day simple moving average of $50.05. The stock has a market capitalization of $16.40 billion, a price-to-earnings ratio of -13.59 and a beta of 0.70. LyondellBasell Industries N.V. has a 1-year low of $41.58 and a 1-year high of $79.39.

LyondellBasell Industries (NYSE:LYB) last announced its earnings results on Friday, October 31st. The specialty chemicals company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.80 by $0.21. The firm had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $7.41 billion. LyondellBasell Industries had a negative net margin of 3.70% and a positive return on equity of 7.50%. The business’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.88 EPS. On average, sell-side analysts expect that LyondellBasell Industries N.V. will post 6.31 earnings per share for the current year.

LyondellBasell Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, December 1st were given a dividend of $1.37 per share. This represents a $5.48 annualized dividend and a dividend yield of 10.8%. The ex-dividend date of this dividend was Monday, December 1st. LyondellBasell Industries’s payout ratio is currently -146.13%.

Wall Street Analyst Weigh In

A number of brokerages have commented on LYB. Wall Street Zen downgraded LyondellBasell Industries from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Bank of America cut their price objective on shares of LyondellBasell Industries from $52.00 to $46.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of LyondellBasell Industries from $58.00 to $53.00 and set a “hold” rating for the company in a research report on Wednesday, October 1st. Fermium Researc lowered shares of LyondellBasell Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, Jefferies Financial Group reduced their price objective on shares of LyondellBasell Industries from $50.00 to $46.00 and set a “hold” rating for the company in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $52.42.

LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.

The company’s integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.