Savant Capital LLC Has $267,000 Stock Position in LyondellBasell Industries (NYSE:LYB)

Savant Capital LLC cut its position in LyondellBasell Industries (NYSE:LYB) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,813 shares of the specialty chemicals company’s stock after selling 220 shares during the period. Savant Capital LLC’s holdings in LyondellBasell Industries were worth $267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. bought a new stake in shares of LyondellBasell Industries during the third quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in LyondellBasell Industries during the 3rd quarter valued at $26,000. Venturi Wealth Management LLC raised its holdings 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 worth $29,000 after buying an additional 242 shares during the last quarter. Webster Bank N. A. lifted its stake in shares of LyondellBasell Industries by 7,050.0% in the fourth quarter. Webster Bank N. A. now owns 429 shares of the specialty chemicals company’s stock valued at $41,000 after buying an additional 423 shares in the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new position in shares of LyondellBasell Industries during the fourth quarter valued at about $45,000. 71.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of LyondellBasell Industries from $105.00 to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Mizuho lifted their target price on LyondellBasell Industries from $98.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, April 29th. Royal Bank of Canada increased their price target on LyondellBasell Industries from $107.00 to $113.00 and gave the company an “outperform” rating in a research report on Monday, April 29th. Wolfe Research initiated coverage on shares of LyondellBasell Industries in a report on Friday, March 1st. They set an “underperform” rating on the stock. Finally, BMO Capital Markets increased their target price on shares of LyondellBasell Industries from $99.00 to $105.00 and gave the company a “market perform” rating in a report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $105.08.

Insider Buying and Selling at LyondellBasell Industries

In other news, EVP Kenneth Todd Lane sold 29,229 shares of LyondellBasell Industries 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 completion of the transaction, the executive vice president now owns 91,758 shares in the company, valued at $9,101,476.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other LyondellBasell Industries news, EVP Kenneth Todd Lane sold 29,229 shares of the stock in a transaction 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 sale, the executive vice president now owns 91,758 shares in the company, valued at $9,101,476.02. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robin W.T. Buchanan sold 18,111 shares of LyondellBasell Industries stock in a transaction 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 completion of the transaction, the director now owns 12,276 shares of the company’s stock, valued at $1,233,246.96. The disclosure for this sale can be found here. Insiders have sold a total of 80,853 shares of company stock valued at $8,077,267 over the last three months. 0.11% of the stock is currently owned by insiders.

LyondellBasell Industries Trading Up 0.6 %

Shares of LYB stock opened at $99.74 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 2.12 and a debt-to-equity ratio of 0.85. The firm has a market cap of $32.48 billion, a P/E ratio of 15.42, a PEG ratio of 1.43 and a beta of 1.18. The company has a 50 day moving average of $101.09 and a 200-day moving average of $96.79. LyondellBasell Industries has a 12-month low of $84.80 and a 12-month high of $106.69.

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 the consensus estimate of $1.36 by $0.17. The business had revenue of $9.93 billion during 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%. LyondellBasell Industries’s revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.50 earnings per share. Sell-side analysts anticipate that LyondellBasell Industries will post 8.5 earnings per share for the current year.

LyondellBasell Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Monday, March 4th were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend was Friday, March 1st. LyondellBasell Industries’s dividend payout ratio 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.