Roundview Capital LLC lessened its stake in shares of LyondellBasell Industries NV (NYSE:LYB) by 7.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,805 shares of the specialty chemicals company’s stock after selling 1,805 shares during the period. Roundview Capital LLC’s holdings in LyondellBasell Industries NV were worth $1,925,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in LYB. UBS Asset Management Americas Inc. grew its position in LyondellBasell Industries NV by 2.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 3,719,506 shares of the specialty chemicals company’s stock worth $339,182,000 after purchasing an additional 73,959 shares during the last quarter. State of Wisconsin Investment Board grew its position in LyondellBasell Industries NV by 11.7% during the 1st quarter. State of Wisconsin Investment Board now owns 374,969 shares of the specialty chemicals company’s stock worth $34,193,000 after purchasing an additional 39,288 shares during the last quarter. Lipe & Dalton grew its position in LyondellBasell Industries NV by 0.5% during the 1st quarter. Lipe & Dalton now owns 28,820 shares of the specialty chemicals company’s stock worth $2,628,000 after purchasing an additional 150 shares during the last quarter. Intellectus Partners LLC grew its position in LyondellBasell Industries NV by 6.7% during the 1st quarter. Intellectus Partners LLC now owns 6,728 shares of the specialty chemicals company’s stock worth $613,000 after purchasing an additional 423 shares during the last quarter. Finally, Segment Wealth Management LLC grew its position in LyondellBasell Industries NV by 2.3% during the 1st quarter. Segment Wealth Management LLC now owns 31,902 shares of the specialty chemicals company’s stock worth $2,909,000 after purchasing an additional 730 shares during the last quarter. 73.81% of the stock is currently owned by institutional investors.

LyondellBasell Industries NV (NYSE:LYB) traded up 1.13% during trading on Friday, hitting $96.87. 1,531,584 shares of the company traded hands. The company’s 50-day moving average is $90.28 and its 200 day moving average is $86.32. LyondellBasell Industries NV has a 52-week low of $75.76 and a 52-week high of $97.64. The firm has a market cap of $38.34 billion, a price-to-earnings ratio of 10.82 and a beta of 1.04.

LyondellBasell Industries NV (NYSE:LYB) last posted its quarterly earnings data on Friday, July 28th. The specialty chemicals company reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.14. LyondellBasell Industries NV had a net margin of 11.40% and a return on equity of 60.87%. The firm had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.52 billion. During the same period last year, the firm posted $2.56 EPS. LyondellBasell Industries NV’s quarterly revenue was up 14.7% on a year-over-year basis. On average, equities analysts anticipate that LyondellBasell Industries NV will post $9.91 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Investors of record on Wednesday, September 6th were given a $0.90 dividend. The ex-dividend date was Friday, September 1st. This represents a $3.60 dividend on an annualized basis and a yield of 3.72%. LyondellBasell Industries NV’s dividend payout ratio (DPR) is 40.18%.

Several analysts have weighed in on LYB shares. Jefferies Group LLC reissued a “hold” rating and set a $88.00 target price on shares of LyondellBasell Industries NV in a research report on Friday, June 16th. UBS AG reissued a “neutral” rating and set a $85.00 target price (down previously from $94.00) on shares of LyondellBasell Industries NV in a research report on Sunday, June 25th. HSBC Holdings plc started coverage on shares of LyondellBasell Industries NV in a research report on Monday, June 26th. They set a “buy” rating and a $101.00 target price on the stock. Sanford C. Bernstein reissued an “outperform” rating and set a $110.00 target price on shares of LyondellBasell Industries NV in a research report on Wednesday, June 28th. Finally, BidaskClub raised shares of LyondellBasell Industries NV from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $95.67.

In related news, Director Jagjeet S. Bindra sold 3,224 shares of LyondellBasell Industries NV stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $89.20, for a total value of $287,580.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.09% of the company’s stock.

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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.

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

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