SG Americas Securities LLC grew its holdings in LyondellBasell Industries NV (NYSE:LYB) by 2.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,958 shares of the specialty chemicals company’s stock after purchasing an additional 1,993 shares during the period. SG Americas Securities LLC’s holdings in LyondellBasell Industries were worth $9,033,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Benedict Financial Advisors Inc. grew its holdings in shares of LyondellBasell Industries by 4.8% in the third quarter. Benedict Financial Advisors Inc. now owns 15,011 shares of the specialty chemicals company’s stock worth $1,343,000 after acquiring an additional 685 shares during the period. Tibra Equities Europe Ltd lifted its position in LyondellBasell Industries by 45.4% during the third quarter. Tibra Equities Europe Ltd now owns 39,700 shares of the specialty chemicals company’s stock valued at $3,552,000 after purchasing an additional 12,400 shares in the last quarter. Boston Private Wealth LLC lifted its position in LyondellBasell Industries by 8.2% during the third quarter. Boston Private Wealth LLC now owns 7,123 shares of the specialty chemicals company’s stock valued at $637,000 after purchasing an additional 540 shares in the last quarter. Creative Planning lifted its position in LyondellBasell Industries by 10.4% during the third quarter. Creative Planning now owns 4,650 shares of the specialty chemicals company’s stock valued at $416,000 after purchasing an additional 439 shares in the last quarter. Finally, Premier Asset Management LLC lifted its position in LyondellBasell Industries by 11.8% during the third quarter. Premier Asset Management LLC now owns 13,451 shares of the specialty chemicals company’s stock valued at $1,203,000 after purchasing an additional 1,415 shares in the last quarter. 75.88% of the stock is owned by institutional investors and hedge funds.

In other LyondellBasell Industries news, CEO Bhavesh V. Patel acquired 7,246 shares of the stock in a transaction dated Friday, August 23rd. The shares were acquired at an average cost of $68.85 per share, for a total transaction of $498,887.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jagjeet S. Bindra acquired 1,360 shares of the stock in a transaction dated Wednesday, August 14th. The stock was acquired at an average price of $73.48 per share, for a total transaction of $99,932.80. The disclosure for this purchase can be found here. Insiders bought 773,107 shares of company stock worth $57,638,240 over the last 90 days. Company insiders own 0.14% of the company’s stock.

Several research firms recently weighed in on LYB. Zacks Investment Research downgraded LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $77.00 target price on the stock. in a research report on Tuesday, August 13th. Bank of America lifted their target price on LyondellBasell Industries from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. Cowen lifted their target price on LyondellBasell Industries from $85.00 to $90.00 and gave the company a “market perform” rating in a research report on Thursday, September 26th. Barclays lowered their target price on LyondellBasell Industries from $100.00 to $91.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. began coverage on LyondellBasell Industries in a research report on Friday, July 19th. They set an “underweight” rating and a $80.00 target price on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $98.75.

Shares of LyondellBasell Industries stock traded down $0.10 during trading hours on Friday, hitting $97.39. The company’s stock had a trading volume of 1,183,746 shares, compared to its average volume of 2,788,548. The business has a 50 day moving average price of $88.82 and a two-hundred day moving average price of $83.64. LyondellBasell Industries NV has a 12-month low of $68.61 and a 12-month high of $98.91. The company has a market cap of $32.46 billion, a PE ratio of 8.64, a PEG ratio of 1.07 and a beta of 1.36. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.85 and a current ratio of 1.30.

About LyondellBasell Industries

LyondellBasell Industries N.V. operates as a chemical company worldwide. The company operates in six segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers.

Featured Article: How to Invest in a Bull Market

Want to see what other hedge funds are holding LYB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LyondellBasell Industries NV (NYSE:LYB).

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

Receive News & Ratings for LyondellBasell Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LyondellBasell Industries and related companies with MarketBeat.com's FREE daily email newsletter.