Segall Bryant & Hamill LLC grew its stake in LyondellBasell Industries NV (NYSE:LYB) by 1.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,983 shares of the specialty chemicals company’s stock after buying an additional 1,202 shares during the period. Segall Bryant & Hamill LLC’s holdings in LyondellBasell Industries were worth $7,526,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in LYB. Janus Henderson Group PLC lifted its position in shares of LyondellBasell Industries by 10,925.4% during the 2nd quarter. Janus Henderson Group PLC now owns 5,067,951 shares of the specialty chemicals company’s stock worth $427,685,000 after purchasing an additional 5,021,985 shares during the last quarter. Capital World Investors lifted its position in shares of LyondellBasell Industries by 23.0% during the 2nd quarter. Capital World Investors now owns 19,562,100 shares of the specialty chemicals company’s stock worth $1,650,846,000 after purchasing an additional 3,651,750 shares during the last quarter. BlackRock Inc. lifted its position in shares of LyondellBasell Industries 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 purchasing an additional 2,327,350 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of LyondellBasell Industries by 38.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,209,705 shares of the specialty chemicals company’s stock worth $416,972,000 after purchasing an additional 1,160,471 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of LyondellBasell Industries by 19.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,591,551 shares of the specialty chemicals company’s stock worth $652,840,000 after purchasing an additional 1,069,625 shares during the last quarter. 74.29% of the stock is owned by institutional investors.

LyondellBasell Industries NV (NYSE:LYB) opened at $107.14 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.40 and a quick ratio of 1.49. The firm has a market capitalization of $42,013.97, a price-to-earnings ratio of 11.01, a PEG ratio of 1.19 and a beta of 1.07. LyondellBasell Industries NV has a 12 month low of $78.01 and a 12 month high of $107.83.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, December 5th will be paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Monday, December 4th. LyondellBasell Industries’s dividend payout ratio (DPR) is currently 38.59%.

Several equities analysts have commented on the company. Royal Bank Of Canada upped their price target on LyondellBasell Industries from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Tuesday, October 31st. Zacks Investment Research cut LyondellBasell Industries from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Barclays upped their price target on LyondellBasell Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, October 31st. Morgan Stanley set a $115.00 price target on LyondellBasell Industries and gave the company a “buy” rating in a report on Saturday, December 2nd. Finally, SunTrust Banks reiterated a “hold” rating and issued a $100.00 price objective on shares of LyondellBasell Industries in a research note on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $100.47.

In other news, Director Jagjeet S. Bindra sold 1,574 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $103.73, for a total value of $163,271.02. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.09% of the company’s stock.

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About LyondellBasell Industries

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 (NYSE:LYB)

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