2,338 Shares in LyondellBasell Industries (NYSE:LYB) Purchased by Hoxton Planning & Management LLC

Hoxton Planning & Management LLC bought a new position in shares of LyondellBasell Industries (NYSE:LYB) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,338 shares of the specialty chemicals company’s stock, valued at approximately $222,000.

Other large investors have also recently modified their holdings of the company. Valley National Advisers Inc. purchased a new stake in LyondellBasell Industries during the 3rd quarter worth about $25,000. Compass Wealth Management LLC purchased a new position in shares of LyondellBasell Industries during the fourth quarter worth about $25,000. FSC Wealth Advisors LLC bought a new position in shares of LyondellBasell Industries in the third quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in LyondellBasell Industries in the third quarter valued at approximately $26,000. Finally, Venturi Wealth Management LLC lifted its position in LyondellBasell Industries by 410.2% during the fourth quarter. Venturi Wealth Management LLC now owns 301 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 242 shares during the last quarter. Hedge funds and other institutional investors own 71.20% of the company’s stock.

Insider Buying and Selling at LyondellBasell Industries

In related news, CAO Chukwuemeka A. Oyolu sold 7,084 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $100.47, for a total value of $711,729.48. Following the completion of the transaction, the chief accounting officer now directly owns 27,575 shares of the company’s stock, valued at $2,770,460.25. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CAO Chukwuemeka A. Oyolu sold 7,084 shares of LyondellBasell Industries stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $100.47, for a total transaction of $711,729.48. Following the sale, the chief accounting officer now directly owns 27,575 shares in the company, valued at $2,770,460.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robin W.T. Buchanan sold 18,111 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $100.46, for a total value of $1,819,431.06. Following the completion of the sale, the director now directly owns 12,276 shares in the company, valued at $1,233,246.96. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 80,853 shares of company stock valued at $8,077,267. 0.12% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on LYB shares. JPMorgan Chase & Co. increased their price target on shares of LyondellBasell Industries from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, March 22nd. Vertical Research raised LyondellBasell Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, January 3rd. Wells Fargo & Company raised their price objective on LyondellBasell Industries from $105.00 to $117.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft lowered LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a research note on Wednesday, January 10th. Finally, Barclays lifted their price target on shares of LyondellBasell Industries from $98.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, LyondellBasell Industries currently has an average rating of “Hold” and a consensus price target of $103.82.

LyondellBasell Industries Trading Down 1.1 %

NYSE:LYB opened at $100.46 on Tuesday. The firm has a market capitalization of $32.69 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.25 and a beta of 1.19. The company has a fifty day moving average of $100.02 and a 200 day moving average of $96.05. The company has a quick ratio of 1.17, a current ratio of 1.84 and a debt-to-equity ratio of 0.80. LyondellBasell Industries has a 52 week low of $84.80 and a 52 week high of $106.69.

LyondellBasell Industries (NYSE:LYB) last announced its quarterly earnings results on Friday, February 2nd. The specialty chemicals company reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.07). LyondellBasell Industries had a net margin of 5.16% and a return on equity of 21.89%. The business had revenue of $9.93 billion for the quarter, compared to analysts’ expectations of $9.85 billion. During the same quarter in the prior year, the firm earned $1.29 EPS. The firm’s revenue for the quarter was down 6.6% on a year-over-year basis. On average, research analysts predict that LyondellBasell Industries will post 8.63 earnings per share for the current year.

LyondellBasell Industries Dividend Announcement

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

LyondellBasell Industries Company 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.