Altrius Capital Management Inc Buys 133 Shares of LyondellBasell Industries (NYSE:LYB)

Altrius Capital Management Inc grew its stake in shares of LyondellBasell Industries (NYSE:LYB) by 0.2% in the fourth quarter, Holdings Channel reports. The fund owned 70,941 shares of the specialty chemicals company’s stock after acquiring an additional 133 shares during the quarter. LyondellBasell Industries accounts for about 1.9% of Altrius Capital Management Inc’s portfolio, making the stock its 12th largest position. Altrius Capital Management Inc’s holdings in LyondellBasell Industries were worth $6,745,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Ballentine Partners LLC bought a new position in LyondellBasell Industries during the third quarter valued at $228,000. Valeo Financial Advisors LLC lifted its position in shares of LyondellBasell Industries by 6.8% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,701 shares of the specialty chemicals company’s stock valued at $540,000 after buying an additional 365 shares during the last quarter. Golden State Equity Partners grew its stake in shares of LyondellBasell Industries by 11.2% during the 3rd quarter. Golden State Equity Partners now owns 5,877 shares of the specialty chemicals company’s stock worth $557,000 after acquiring an additional 594 shares during the period. Busey Trust CO increased its holdings in LyondellBasell Industries by 1.8% in the 3rd quarter. Busey Trust CO now owns 81,685 shares of the specialty chemicals company’s stock worth $7,736,000 after acquiring an additional 1,425 shares during the last quarter. Finally, Accurate Wealth Management LLC raised its stake in LyondellBasell Industries by 6.7% in the 3rd quarter. Accurate Wealth Management LLC now owns 6,138 shares of the specialty chemicals company’s stock valued at $582,000 after acquiring an additional 384 shares during the period. Hedge funds and other institutional investors own 71.20% of the company’s stock.

LyondellBasell Industries Trading Down 0.4 %

Shares of NYSE LYB traded down $0.43 during trading hours on Monday, reaching $101.70. The stock had a trading volume of 1,852,963 shares, compared to its average volume of 1,925,331. LyondellBasell Industries has a 52-week low of $84.80 and a 52-week high of $106.69. The company has a current ratio of 2.12, a quick ratio of 1.32 and a debt-to-equity ratio of 0.85. The firm has a market cap of $33.10 billion, a price-to-earnings ratio of 15.64, a P/E/G ratio of 1.25 and a beta of 1.19. The business’s fifty day moving average price is $100.87 and its two-hundred day moving average price is $96.52.

LyondellBasell Industries (NYSE:LYB) last announced its quarterly earnings data on Friday, April 26th. The specialty chemicals company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.17. The business had revenue of $9.93 billion for the quarter, compared to analyst estimates of $9.70 billion. LyondellBasell Industries had a return on equity of 19.31% and a net margin of 5.20%. The company’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.50 earnings per share. Analysts expect that LyondellBasell Industries will post 8.69 EPS for the current fiscal year.

LyondellBasell Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Monday, March 4th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $5.00 annualized dividend and a yield of 4.92%. LyondellBasell Industries’s dividend payout ratio (DPR) is currently 77.28%.

Insider Activity at LyondellBasell Industries

In other LyondellBasell Industries news, EVP Kenneth Todd Lane sold 29,229 shares of the business’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $99.19, for a total value of $2,899,224.51. Following the transaction, the executive vice president now directly owns 91,758 shares in the company, valued at approximately $9,101,476.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Robin W.T. Buchanan sold 18,111 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $100.46, for a total value of $1,819,431.06. Following the sale, the director now directly owns 12,276 shares of the company’s stock, valued at approximately $1,233,246.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kenneth Todd Lane sold 29,229 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $99.19, for a total transaction of $2,899,224.51. Following the transaction, the executive vice president now directly owns 91,758 shares of the company’s stock, valued at approximately $9,101,476.02. The disclosure for this sale can be found here. In the last ninety days, insiders sold 80,853 shares of company stock valued at $8,077,267. 0.11% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wolfe Research began coverage on shares of LyondellBasell Industries in a research note on Friday, March 1st. They issued an “underperform” rating for the company. JPMorgan Chase & Co. boosted their price objective on LyondellBasell Industries from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, March 22nd. Deutsche Bank Aktiengesellschaft downgraded 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. Vertical Research upgraded LyondellBasell Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 3rd. Finally, Royal Bank of Canada boosted their price objective on shares of LyondellBasell Industries from $107.00 to $113.00 and gave the company an “outperform” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $104.67.

About LyondellBasell Industries

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.