Wealth Enhancement Advisory Services LLC boosted its holdings in shares of LyondellBasell Industries NV (NYSE:LYB) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,533 shares of the specialty chemicals company’s stock after buying an additional 434 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in LyondellBasell Industries were worth $2,769,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State of Alaska Department of Revenue lifted its holdings in LyondellBasell Industries by 423.3% during the fourth quarter. State of Alaska Department of Revenue now owns 34,380 shares of the specialty chemicals company’s stock valued at $3,791,000 after purchasing an additional 27,810 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in LyondellBasell Industries by 23.1% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,782,909 shares of the specialty chemicals company’s stock valued at $196,691,000 after purchasing an additional 334,264 shares in the last quarter. Capital Investment Advisors LLC purchased a new position in LyondellBasell Industries during the fourth quarter valued at approximately $3,782,000. Creative Planning lifted its holdings in LyondellBasell Industries by 34.0% during the fourth quarter. Creative Planning now owns 3,445 shares of the specialty chemicals company’s stock valued at $380,000 after purchasing an additional 875 shares in the last quarter. Finally, Central Bank & Trust Co. purchased a new position in LyondellBasell Industries during the fourth quarter valued at approximately $2,398,000. Institutional investors own 74.09% of the company’s stock.

Several equities analysts have weighed in on LYB shares. Citigroup raised shares of LyondellBasell Industries from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Monday, December 18th. UBS Group lifted their price target on shares of LyondellBasell Industries from $88.00 to $96.00 and gave the company a “neutral” rating in a report on Friday, October 13th. Cowen reaffirmed a “hold” rating and set a $90.00 price target on shares of LyondellBasell Industries in a report on Wednesday, October 4th. downgraded shares of LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $101.00 price target on the stock. in a report on Tuesday, October 10th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $100.00 price target on shares of LyondellBasell Industries in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $103.74.

LyondellBasell Industries NV (NYSE:LYB) traded up $3.03 during mid-day trading on Friday, hitting $119.92. 2,863,969 shares of the stock traded hands, compared to its average volume of 1,720,446. LyondellBasell Industries NV has a 1 year low of $78.01 and a 1 year high of $119.99. 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 stock has a market capitalization of $46,380.00, a P/E ratio of 12.78, a PEG ratio of 1.37 and a beta of 1.08.

LyondellBasell Industries (NYSE:LYB) last released its earnings results on Friday, October 27th. The specialty chemicals company reported $2.41 EPS for the quarter, missing the consensus estimate of $2.43 by ($0.02). LyondellBasell Industries had a return on equity of 58.13% and a net margin of 11.32%. equities analysts expect that LyondellBasell Industries NV will post 9.96 EPS for the current fiscal year.

In other news, Director Jagjeet S. Bindra sold 1,574 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were 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 available at the SEC website. 0.09% of the stock is currently owned by insiders.

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LyondellBasell Industries 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.

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

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