Commonwealth Equity Services Inc grew its holdings in shares of LyondellBasell Industries NV (NYSE:LYB) by 56.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,788 shares of the specialty chemicals company’s stock after purchasing an additional 12,845 shares during the period. Commonwealth Equity Services Inc’s holdings in LyondellBasell Industries NV were worth $3,544,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Glenview Trust Co boosted its position in shares of LyondellBasell Industries NV by 0.4% during the 2nd quarter. Glenview Trust Co now owns 14,051 shares of the specialty chemicals company’s stock valued at $1,186,000 after purchasing an additional 50 shares in the last quarter. Kingfisher Capital LLC boosted its position in shares of LyondellBasell Industries NV by 0.5% during the 2nd quarter. Kingfisher Capital LLC now owns 16,703 shares of the specialty chemicals company’s stock valued at $1,410,000 after purchasing an additional 75 shares in the last quarter. CAPROCK Group Inc. boosted its position in shares of LyondellBasell Industries NV by 1.0% during the 2nd quarter. CAPROCK Group Inc. now owns 8,338 shares of the specialty chemicals company’s stock valued at $704,000 after purchasing an additional 79 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of LyondellBasell Industries NV by 0.4% in 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. boosted its holdings in shares of LyondellBasell Industries NV by 0.6% in 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 74.91% of the company’s stock.

WARNING: “Commonwealth Equity Services Inc Boosts Stake in LyondellBasell Industries NV (LYB)” was first reported by Watch List News and is the property of of Watch List News. If you are reading this article on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this article can be viewed at https://www.watchlistnews.com/commonwealth-equity-services-inc-boosts-stake-in-lyondellbasell-industries-nv-lyb/1717776.html.

LyondellBasell Industries NV (NYSE:LYB) traded up $0.37 during mid-day trading on Tuesday, hitting $104.27. 1,940,400 shares of the company traded hands, compared to its average volume of 2,598,707. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.49 and a current ratio of 2.40. The firm has a market capitalization of $41,130.00, a PE ratio of 10.74, a P/E/G ratio of 1.16 and a beta of 1.08. LyondellBasell Industries NV has a twelve month low of $78.01 and a twelve month high of $107.83.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, December 5th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend is Monday, December 4th. LyondellBasell Industries NV’s payout ratio is presently 38.38%.

In related news, Director Jagjeet S. Bindra sold 1,574 shares of the firm’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $103.73, for a total transaction of $163,271.02. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.09% of the stock is currently owned by company insiders.

LYB has been the subject of several recent analyst reports. Royal Bank Of Canada raised their target price on shares of LyondellBasell Industries NV from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 31st. Cowen and Company raised their target price on shares of LyondellBasell Industries NV from $90.00 to $95.00 and gave the stock a “market perform” rating in a report on Monday, October 16th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $96.00 target price (up from $90.00) on shares of LyondellBasell Industries NV in a report on Saturday, September 30th. UBS AG raised their target price on shares of LyondellBasell Industries NV from $96.00 to $102.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Finally, Zacks Investment Research cut shares of LyondellBasell Industries NV from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Two 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 issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $99.56.

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.

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

Receive News & Ratings for LyondellBasell Industries NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LyondellBasell Industries NV and related companies with Analyst Ratings Network's FREE daily email newsletter.