International Private Wealth Advisors LLC Buys 259 Shares of LyondellBasell Industries (NYSE:LYB)

International Private Wealth Advisors LLC increased its stake in shares of LyondellBasell Industries (NYSE:LYB) by 8.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,189 shares of the specialty chemicals company’s stock after purchasing an additional 259 shares during the quarter. International Private Wealth Advisors LLC’s holdings in LyondellBasell Industries were worth $237,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LYB. Jacobs Levy Equity Management Inc. raised its holdings in shares of LyondellBasell Industries by 211.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,283,163 shares of the specialty chemicals company’s stock worth $123,055,000 after buying an additional 871,708 shares during the period. Charles Schwab Investment Management Inc. grew its position in LyondellBasell Industries by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,023,982 shares of the specialty chemicals company’s stock valued at $769,500,000 after acquiring an additional 362,671 shares during the last quarter. Franklin Resources Inc. increased its stake in LyondellBasell Industries by 11.4% in the third quarter. Franklin Resources Inc. now owns 2,875,267 shares of the specialty chemicals company’s stock worth $268,664,000 after purchasing an additional 293,622 shares during the period. Geode Capital Management LLC lifted its position in shares of LyondellBasell Industries by 4.4% during the third quarter. Geode Capital Management LLC now owns 6,605,151 shares of the specialty chemicals company’s stock worth $638,964,000 after purchasing an additional 277,108 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of LyondellBasell Industries by 1.9% during the third quarter. State Street Corp now owns 12,202,118 shares of the specialty chemicals company’s stock valued at $1,170,183,000 after purchasing an additional 230,327 shares during the period. 71.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on LYB shares. Wells Fargo & Company reduced their price target on shares of LyondellBasell Industries from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. Morgan Stanley reduced their target price on shares of LyondellBasell Industries from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. JPMorgan Chase & Co. lowered their price target on LyondellBasell Industries from $90.00 to $80.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. The Goldman Sachs Group decreased their target price on LyondellBasell Industries from $96.00 to $86.00 and set a “sell” rating for the company in a research report on Thursday, December 12th. Finally, Mizuho dropped their price target on LyondellBasell Industries from $97.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, December 9th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $89.17.

Insider Transactions at LyondellBasell Industries

In related news, Director Robin W.T. Buchanan acquired 5,000 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of $76.06 per share, for a total transaction of $380,300.00. Following the completion of the acquisition, the director now directly owns 18,175 shares in the company, valued at $1,382,390.50. The trade was a 37.95 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.11% of the company’s stock.

LyondellBasell Industries Price Performance

Shares of LYB stock opened at $75.84 on Tuesday. The company has a market cap of $24.63 billion, a P/E ratio of 18.32, a PEG ratio of 0.92 and a beta of 1.05. The stock’s 50-day moving average is $75.86 and its 200 day moving average is $86.43. LyondellBasell Industries has a 1-year low of $72.21 and a 1-year high of $107.02. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.83 and a quick ratio of 1.13.

LyondellBasell Industries (NYSE:LYB) last issued its quarterly earnings data on Friday, January 31st. The specialty chemicals company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.53). LyondellBasell Industries had a return on equity of 15.97% and a net margin of 3.39%. During the same quarter in the previous year, the company posted $1.26 earnings per share. Research analysts predict that LyondellBasell Industries will post 6.68 earnings per share for the current fiscal year.

LyondellBasell Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Monday, December 2nd were issued a dividend of $1.34 per share. The ex-dividend date was Monday, December 2nd. This represents a $5.36 annualized dividend and a dividend yield of 7.07%. LyondellBasell Industries’s dividend payout ratio is presently 129.47%.

LyondellBasell Industries Profile

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.