ST Germain D J Co. Inc. grew its holdings in shares of LyondellBasell Industries NV (NYSE:LYB) by 1.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,631 shares of the specialty chemicals company’s stock after purchasing an additional 616 shares during the quarter. ST Germain D J Co. Inc.’s holdings in LyondellBasell Industries NV were worth $4,124,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of LYB. BlackRock Inc. increased its holdings in shares of LyondellBasell Industries NV by 11.6% during the 2nd quarter. BlackRock Inc. now owns 22,389,726 shares of the specialty chemicals company’s stock worth $1,889,470,000 after buying an additional 2,327,350 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of LyondellBasell Industries NV by 8.7% during the 2nd quarter. Brookstone Capital Management now owns 70,061 shares of the specialty chemicals company’s stock worth $5,912,000 after buying an additional 5,624 shares during the last quarter. U S Global Investors Inc. increased its holdings in shares of LyondellBasell Industries NV by 40.0% during the 2nd quarter. U S Global Investors Inc. now owns 4,900 shares of the specialty chemicals company’s stock worth $414,000 after buying an additional 1,400 shares during the last quarter. Ray Gerald L & Associates Ltd. increased its holdings in shares of LyondellBasell Industries NV by 84.9% during the 2nd quarter. Ray Gerald L & Associates Ltd. now owns 4,900 shares of the specialty chemicals company’s stock worth $414,000 after buying an additional 2,250 shares during the last quarter. Finally, Artemis Investment Management LLP acquired a new stake in shares of LyondellBasell Industries NV during the 2nd quarter worth $13,041,000. 74.05% of the stock is currently owned by institutional investors.

In related news, Director Jagjeet S. Bindra sold 1,574 shares of the business’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.09% of the stock is currently owned by corporate insiders.

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Shares of LyondellBasell Industries NV (LYB) traded up $2.04 during mid-day trading on Friday, hitting $105.58. 2,074,040 shares of the stock were exchanged, compared to its average volume of 2,606,388. LyondellBasell Industries NV has a 12 month low of $77.64 and a 12 month high of $107.83. The firm has a market capitalization of $41,647.09, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 1.17 and a beta of 1.08. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.40 and a quick ratio of 1.49.

Several analysts recently issued reports on LYB shares. Cowen and Company reiterated a “hold” rating and issued a $90.00 price target on shares of LyondellBasell Industries NV in a report on Wednesday, October 4th. BidaskClub downgraded LyondellBasell Industries NV from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Deutsche Bank AG reiterated a “buy” rating and issued a $94.00 price target (up from $90.00) on shares of LyondellBasell Industries NV in a report on Monday, July 31st. Zacks Investment Research downgraded LyondellBasell Industries NV from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Jefferies Group LLC restated a “hold” rating and set a $95.00 target price (up from $88.00) on shares of LyondellBasell Industries NV in a research note on Tuesday, October 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. LyondellBasell Industries NV has an average rating of “Hold” and a consensus target price of $99.56.

LyondellBasell Industries NV Company Profile

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)

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