Bowling Portfolio Management LLC increased its position in LyondellBasell Industries NV (NYSE:LYB) by 31.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,817 shares of the specialty chemicals company’s stock after purchasing an additional 8,249 shares during the quarter. Bowling Portfolio Management LLC’s holdings in LyondellBasell Industries were worth $3,841,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. U S Global Investors Inc. lifted its position in LyondellBasell Industries by 40.0% in the second quarter. U S Global Investors Inc. now owns 4,900 shares of the specialty chemicals company’s stock worth $414,000 after purchasing an additional 1,400 shares during the period. Torray LLC lifted its position in LyondellBasell Industries by 7.0% in the third quarter. Torray LLC now owns 14,320 shares of the specialty chemicals company’s stock worth $1,418,000 after purchasing an additional 940 shares during the period. Guardian Capital LP bought a new position in LyondellBasell Industries in the third quarter worth $363,000. Wells Fargo & Company MN lifted its position in LyondellBasell Industries by 27.4% in the third quarter. Wells Fargo & Company MN now owns 1,750,468 shares of the specialty chemicals company’s stock worth $173,383,000 after purchasing an additional 376,317 shares during the period. Finally, Commerzbank Aktiengesellschaft FI bought a new position in LyondellBasell Industries in the third quarter worth $736,000. 74.02% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Jagjeet S. Bindra sold 1,574 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $103.73, for a total value of $163,271.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.09% of the company’s stock.

LYB has been the subject of several research reports. Royal Bank of Canada raised their target price on LyondellBasell Industries from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Tuesday, October 31st. Cowen raised their target price on LyondellBasell Industries from $90.00 to $95.00 and gave the stock a “market perform” rating in a research report on Monday, October 16th. SunTrust Banks reaffirmed a “hold” rating and issued a $96.00 target price (up from $90.00) on shares of LyondellBasell Industries in a research report on Saturday, September 30th. UBS Group raised their target price on LyondellBasell Industries from $96.00 to $102.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. Finally, Zacks Investment Research raised LyondellBasell Industries from a “hold” rating to a “buy” rating and set a $128.00 target price for the company in a research report on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $103.74.

Shares of LyondellBasell Industries NV (NYSE:LYB) traded down $1.02 during midday trading on Monday, hitting $118.90. The company’s stock had a trading volume of 1,459,860 shares, compared to its average volume of 1,720,446. The company has a market capitalization of $46,890.00, a PE ratio of 12.68, a PEG ratio of 1.40 and a beta of 1.08. LyondellBasell Industries NV has a 12 month low of $78.01 and a 12 month high of $119.99. 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 issued its quarterly earnings data on Friday, October 27th. The specialty chemicals company reported $2.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.43 by ($0.02). The company had revenue of $8.52 billion for the quarter, compared to the consensus estimate of $8.09 billion. LyondellBasell Industries had a net margin of 11.32% and a return on equity of 58.13%. equities analysts forecast that LyondellBasell Industries NV will post 9.99 EPS for the current year.

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LyondellBasell Industries Company Profile

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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