Versor Investments LP Purchases 7,779 Shares of LyondellBasell Industries N.V. $LYB

Versor Investments LP raised its position in LyondellBasell Industries N.V. (NYSE:LYB) by 43.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,779 shares of the specialty chemicals company’s stock after buying an additional 7,779 shares during the quarter. Versor Investments LP’s holdings in LyondellBasell Industries were worth $1,116,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Stance Capital LLC acquired a new stake in LyondellBasell Industries during the 3rd quarter worth approximately $27,000. Quent Capital LLC acquired a new stake in LyondellBasell Industries during the 3rd quarter worth approximately $29,000. ORG Partners LLC boosted its position in LyondellBasell Industries by 960.0% during the 4th quarter. ORG Partners LLC now owns 689 shares of the specialty chemicals company’s stock worth $30,000 after buying an additional 624 shares during the period. United Community Bank boosted its position in LyondellBasell Industries by 83.2% during the 3rd quarter. United Community Bank now owns 623 shares of the specialty chemicals company’s stock worth $31,000 after buying an additional 283 shares during the period. Finally, Quarry LP acquired a new stake in LyondellBasell Industries during the 3rd quarter worth approximately $31,000. 71.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other LyondellBasell Industries news, major shareholder Ai Investments Holdings Llc sold 384,548 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $68.13, for a total transaction of $26,199,255.24. Following the completion of the sale, the insider owned 5,270,918 shares in the company, valued at approximately $359,107,643.34. The trade was a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.14% of the company’s stock.

LyondellBasell Industries Stock Up 1.0%

LyondellBasell Industries stock opened at $74.25 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.54 and a debt-to-equity ratio of 1.12. LyondellBasell Industries N.V. has a 12-month low of $41.58 and a 12-month high of $83.94. The firm’s fifty day moving average is $72.67 and its 200 day moving average is $56.84. The company has a market capitalization of $23.97 billion, a PE ratio of -29.82, a PEG ratio of 0.17 and a beta of 0.32.

LyondellBasell Industries (NYSE:LYB) last released its earnings results on Friday, May 1st. The specialty chemicals company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.18. LyondellBasell Industries had a negative net margin of 2.68% and a positive return on equity of 5.68%. The company had revenue of $7.20 billion for the quarter, compared to the consensus estimate of $7.53 billion. During the same quarter in the previous year, the company earned $0.33 EPS. LyondellBasell Industries’s quarterly revenue was down 6.3% compared to the same quarter last year. As a group, sell-side analysts predict that LyondellBasell Industries N.V. will post 8.73 EPS for the current fiscal year.

LyondellBasell Industries Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, March 2nd. LyondellBasell Industries’s payout ratio is -110.84%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Mizuho lifted their target price on shares of LyondellBasell Industries from $74.00 to $76.00 in a research report on Friday, May 1st. The Goldman Sachs Group lifted their target price on shares of LyondellBasell Industries from $51.00 to $75.00 and gave the stock a “sell” rating in a research report on Monday, May 4th. Vertical Research upgraded shares of LyondellBasell Industries from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Monday, March 9th. Alembic Global Advisors upgraded shares of LyondellBasell Industries from a “neutral” rating to an “overweight” rating in a research report on Thursday, April 9th. Finally, Citigroup boosted their price target on shares of LyondellBasell Industries from $76.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $76.59.

LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.

The company’s integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.