Exxonmobil Investment Management Inc. TX Has $5.67 Million Holdings in LyondellBasell Industries NV (LYB)

Exxonmobil Investment Management Inc. TX lessened its holdings in LyondellBasell Industries NV (NYSE:LYB) by 13.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,431 shares of the specialty chemicals company’s stock after selling 7,838 shares during the quarter. Exxonmobil Investment Management Inc. TX’s holdings in LyondellBasell Industries were worth $5,674,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Glenview Trust Co increased its holdings in LyondellBasell Industries by 0.4% in the 2nd quarter. Glenview Trust Co now owns 14,051 shares of the specialty chemicals company’s stock valued at $1,186,000 after buying an additional 50 shares during the period. Kingfisher Capital LLC increased its holdings in LyondellBasell Industries by 0.5% in the 2nd quarter. Kingfisher Capital LLC now owns 16,703 shares of the specialty chemicals company’s stock valued at $1,410,000 after buying an additional 75 shares during the period. Advisory Services Network LLC grew its holdings in shares of LyondellBasell Industries by 0.4% in the 2nd quarter. Advisory Services Network LLC now owns 19,225 shares of the specialty chemicals company’s stock worth $1,622,000 after purchasing an additional 81 shares during the last quarter. Financial Counselors Inc. grew its holdings in shares of LyondellBasell Industries by 2.5% in the 2nd quarter. Financial Counselors Inc. now owns 3,865 shares of the specialty chemicals company’s stock worth $326,000 after purchasing an additional 94 shares during the last quarter. Finally, Fiera Capital Corp grew its holdings in shares of LyondellBasell Industries by 2.5% in the 2nd quarter. Fiera Capital Corp now owns 3,827 shares of the specialty chemicals company’s stock worth $323,000 after purchasing an additional 94 shares during the last quarter. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently weighed in on the stock. SunTrust Banks reaffirmed a “hold” rating and issued a $100.00 target price on shares of LyondellBasell Industries in a report on Wednesday, November 1st. Royal Bank of Canada upped their target price on shares of LyondellBasell Industries from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 31st. Nomura reaffirmed a “hold” rating and issued a $99.00 target price (up previously from $90.00) on shares of LyondellBasell Industries in a report on Tuesday, September 26th. Zacks Investment Research raised shares of LyondellBasell Industries from a “hold” rating to a “buy” rating and set a $128.00 target price on the stock in a report on Tuesday. Finally, UBS Group upped their target price on shares of LyondellBasell Industries from $88.00 to $96.00 and gave the stock a “neutral” rating in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $102.56.

LyondellBasell Industries NV (NYSE:LYB) opened at $115.03 on Thursday. The stock has a market cap of $45,370.00, a PE ratio of 12.26, a P/E/G ratio of 1.35 and a beta of 1.08. The company has a current ratio of 2.40, a quick ratio of 1.49 and a debt-to-equity ratio of 1.16. LyondellBasell Industries NV has a 52-week low of $78.01 and a 52-week high of $116.33.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Tuesday, December 5th were given a dividend of $0.90 per share. The ex-dividend date was Monday, December 4th. This represents a $3.60 annualized dividend and a yield of 3.13%. LyondellBasell Industries’s dividend payout ratio (DPR) is 38.38%.

In related news, Director Jagjeet S. Bindra sold 1,574 shares of the company’s stock in a transaction dated 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 filing with the SEC, which is accessible through the SEC website. 0.09% of the stock is owned by corporate insiders.

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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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