Rothschild Investment Corp IL boosted its stake in shares of LyondellBasell Industries NV (NYSE:LYB) by 7.0% during the first quarter, Holdings Channel reports. The fund owned 18,388 shares of the specialty chemicals company’s stock after buying an additional 1,206 shares during the period. Rothschild Investment Corp IL’s holdings in LyondellBasell Industries NV were worth $1,677,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Synovus Financial Corp increased its position in shares of LyondellBasell Industries NV by 2.1% in the third quarter. Synovus Financial Corp now owns 4,583 shares of the specialty chemicals company’s stock valued at $370,000 after buying an additional 94 shares during the last quarter. World Asset Management Inc increased its position in shares of LyondellBasell Industries NV by 1.4% in the third quarter. World Asset Management Inc now owns 36,904 shares of the specialty chemicals company’s stock valued at $2,977,000 after buying an additional 526 shares during the last quarter. Stanley Laman Group Ltd. purchased a new position in shares of LyondellBasell Industries NV during the third quarter valued at approximately $919,000. Brookstone Capital Management increased its position in shares of LyondellBasell Industries NV by 16.4% in the third quarter. Brookstone Capital Management now owns 51,127 shares of the specialty chemicals company’s stock valued at $4,123,000 after buying an additional 7,209 shares during the last quarter. Finally, River Road Asset Management LLC purchased a new position in shares of LyondellBasell Industries NV during the third quarter valued at approximately $18,674,000. Institutional investors own 69.75% of the company’s stock.

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

Shares of LyondellBasell Industries NV (NYSE:LYB) traded up 0.32% during midday trading on Friday, hitting $85.78. 1,704,000 shares of the stock traded hands. LyondellBasell Industries NV has a 52-week low of $69.82 and a 52-week high of $97.64. The company has a market cap of $34.53 billion, a price-to-earnings ratio of 9.40 and a beta of 1.04. The stock has a 50-day moving average of $89.11 and a 200-day moving average of $87.55.

LyondellBasell Industries NV (NYSE:LYB) last issued its quarterly earnings data on Friday, February 3rd. The specialty chemicals company reported $1.94 earnings per share for the quarter, missing the consensus estimate of $2.19 by $0.25. The company had revenue of $7.75 billion for the quarter, compared to analysts’ expectations of $7.32 billion. LyondellBasell Industries NV had a return on equity of 63.76% and a net margin of 13.15%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.20 EPS. On average, equities analysts predict that LyondellBasell Industries NV will post $10.10 earnings per share for the current fiscal year.

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Several brokerages recently commented on LYB. Zacks Investment Research downgraded shares of LyondellBasell Industries NV from a “buy” rating to a “hold” rating in a report on Tuesday, February 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $95.00 price target (up from $92.00) on shares of LyondellBasell Industries NV in a report on Monday, February 6th. Instinet upped their price target on shares of LyondellBasell Industries NV from $82.00 to $91.00 and gave the company a “neutral” rating in a report on Monday, February 6th. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $100.00 price target on shares of LyondellBasell Industries NV in a report on Friday, February 10th. Finally, Evercore ISI started coverage on shares of LyondellBasell Industries NV in a report on Monday, February 13th. They set a “buy” rating and a $109.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. LyondellBasell Industries NV currently has a consensus rating of “Hold” and a consensus price target of $92.33.

In other news, major shareholder Ai New Holdings 2 Llc sold 139,617 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The shares were sold at an average price of $89.12, for a total transaction of $12,442,667.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jacquelyn H. Wolf sold 14,769 shares of the business’s stock in a transaction that occurred on Wednesday, February 22nd. The stock was sold at an average price of $94.01, for a total transaction of $1,388,433.69. The disclosure for this sale can be found here. Insiders have sold a total of 4,600,598 shares of company stock valued at $424,590,846 in the last 90 days. Insiders own 0.14% of the company’s stock.

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.

5 Day Chart for NYSE:LYB

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