ARP Americas LLC bought a new position in shares of LyondellBasell Industries NV (NYSE:LYB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,100 shares of the specialty chemicals company’s stock, valued at approximately $1,000,000.

A number of other institutional investors also recently bought and sold shares of the business. Glenview Trust Co lifted its holdings in LyondellBasell Industries NV by 0.4% during the second quarter. Glenview Trust Co now owns 14,051 shares of the specialty chemicals company’s stock worth $1,186,000 after buying an additional 50 shares during the period. Kingfisher Capital LLC lifted its holdings in LyondellBasell Industries NV by 0.5% during the second quarter. Kingfisher Capital LLC now owns 16,703 shares of the specialty chemicals company’s stock worth $1,410,000 after buying an additional 75 shares during the period. CAPROCK Group Inc. lifted its holdings in LyondellBasell Industries NV by 1.0% during the second quarter. CAPROCK Group Inc. now owns 8,338 shares of the specialty chemicals company’s stock worth $704,000 after buying an additional 79 shares during the period. Advisory Services Network LLC lifted its holdings in LyondellBasell Industries NV by 0.4% during the second quarter. Advisory Services Network LLC now owns 19,225 shares of the specialty chemicals company’s stock worth $1,622,000 after buying an additional 81 shares during the period. Finally, Nippon Life Insurance Co. lifted its holdings in LyondellBasell Industries NV by 0.6% during the second quarter. Nippon Life Insurance Co. now owns 16,069 shares of the specialty chemicals company’s stock worth $1,356,000 after buying an additional 88 shares during the period. Institutional investors own 74.05% of the company’s stock.

A number of analysts have weighed in on the company. Deutsche Bank AG restated a “buy” rating and set a $94.00 target price (up previously from $90.00) on shares of LyondellBasell Industries NV in a report on Monday, July 31st. Cowen and Company reaffirmed a “hold” rating and set a $90.00 price target on shares of LyondellBasell Industries NV in a research report on Wednesday, October 4th. Zacks Investment Research raised LyondellBasell Industries NV from a “hold” rating to a “buy” rating and set a $110.00 price target on the stock in a research report on Thursday, October 12th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $100.00 price target on shares of LyondellBasell Industries NV in a research report on Wednesday. Finally, Barclays PLC upped their price target on LyondellBasell Industries NV from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $99.56.

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In other news, Director Jagjeet S. Bindra sold 1,574 shares of LyondellBasell Industries NV stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $103.73, for a total transaction of $163,271.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.09% of the stock is currently owned by insiders.

About LyondellBasell Industries NV

LyondellBasell Industries N.V. is a chemical company. The Company operates in five segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. The O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.

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

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