Traders sold shares of LyondellBasell Industries (NYSE:LYB) on strength during trading hours on Monday. $33.25 million flowed into the stock on the tick-up and $54.26 million flowed out of the stock on the tick-down, for a money net flow of $21.01 million out of the stock. Of all stocks tracked, LyondellBasell Industries had the 0th highest net out-flow for the day. LyondellBasell Industries traded up $0.92 for the day and closed at $75.42

Several research firms have recently commented on LYB. Vetr downgraded LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $92.39 target price on the stock. in a research report on Tuesday, April 19th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of LyondellBasell Industries in a research report on Thursday, April 21st. Citigroup Inc. upped their target price on LyondellBasell Industries from $94.00 to $96.00 and gave the company a “neutral” rating in a research report on Monday, April 25th. Nomura downgraded LyondellBasell Industries from a “buy” rating to a “neutral” rating and set a $89.00 target price on the stock. in a research report on Wednesday, April 27th. Finally, Goldman Sachs Group Inc. upped their target price on LyondellBasell Industries from $95.00 to $102.00 in a research report on Tuesday, April 12th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $90.30.

The firm has a 50 day moving average of $76.28 and a 200-day moving average of $80.77. The firm has a market capitalization of $31.35 billion and a PE ratio of 8.15.

LyondellBasell Industries (NYSE:LYB) last issued its quarterly earnings results on Friday, July 29th. The company reported $2.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.51 by $0.06. The firm had revenue of $7.33 billion for the quarter, compared to the consensus estimate of $7.64 billion. The firm’s revenue was down 19.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.81 EPS. On average, equities analysts anticipate that LyondellBasell Industries will post $9.55 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 6th. Stockholders of record on Tuesday, August 16th will be paid a dividend of $0.85 per share. The ex-dividend date is Friday, August 12th. This represents a $3.40 annualized dividend and a dividend yield of 4.51%.

Several large investors recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its stake in shares of LyondellBasell Industries by 64.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 1,038,868 shares of the company’s stock valued at $90,278,000 after buying an additional 408,173 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of LyondellBasell Industries by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 990,802 shares of the company’s stock valued at $86,107,000 after buying an additional 14,734 shares during the last quarter. State of Tennessee Treasury Department raised its stake in shares of LyondellBasell Industries by 1.7% in the fourth quarter. State of Tennessee Treasury Department now owns 924,697 shares of the company’s stock valued at $80,356,000 after buying an additional 15,256 shares during the last quarter. US Bancorp DE raised its stake in shares of LyondellBasell Industries by 17.9% in the fourth quarter. US Bancorp DE now owns 253,443 shares of the company’s stock valued at $22,024,000 after buying an additional 38,511 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of LyondellBasell Industries by 8.6% in the fourth quarter. Advisors Asset Management Inc. now owns 99,691 shares of the company’s stock valued at $8,663,000 after buying an additional 7,896 shares during the last quarter.

LyondellBasell Industries N.V. is a global chemical company. The Company’s segments include Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining, and Technology. Its O&P-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefins.

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