Altrius Capital Management Inc Purchases 14,117 Shares of LyondellBasell Industries (NYSE:LYB)

Altrius Capital Management Inc increased its holdings in LyondellBasell Industries (NYSE:LYB - Free Report) by 16.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,953 shares of the specialty chemicals company's stock after buying an additional 14,117 shares during the period. LyondellBasell Industries accounts for approximately 2.0% of Altrius Capital Management Inc's portfolio, making the stock its 14th largest holding. Altrius Capital Management Inc's holdings in LyondellBasell Industries were worth $7,275,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Hosking Partners LLP raised its holdings in shares of LyondellBasell Industries by 59.2% in the 4th quarter. Hosking Partners LLP now owns 405,028 shares of the specialty chemicals company's stock valued at $30,081,000 after acquiring an additional 150,592 shares in the last quarter. VELA Investment Management LLC increased its position in shares of LyondellBasell Industries by 38.4% in the fourth quarter. VELA Investment Management LLC now owns 6,697 shares of the specialty chemicals company's stock worth $497,000 after purchasing an additional 1,858 shares during the last quarter. Fort Sheridan Advisors LLC increased its position in shares of LyondellBasell Industries by 8.6% in the fourth quarter. Fort Sheridan Advisors LLC now owns 18,392 shares of the specialty chemicals company's stock worth $1,366,000 after purchasing an additional 1,457 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in LyondellBasell Industries by 26.3% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 1,200 shares of the specialty chemicals company's stock valued at $89,000 after purchasing an additional 250 shares in the last quarter. Finally, Versor Investments LP lifted its position in LyondellBasell Industries by 168.7% during the fourth quarter. Versor Investments LP now owns 33,586 shares of the specialty chemicals company's stock valued at $2,494,000 after purchasing an additional 21,086 shares during the last quarter. Institutional investors own 71.20% of the company's stock.

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Insider Buying and Selling at LyondellBasell Industries

In related news, Director Robin W.T. Buchanan purchased 5,000 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average cost of $76.06 per share, with a total value of $380,300.00. Following the completion of the purchase, the director now directly owns 18,175 shares in the company, valued at approximately $1,382,390.50. This represents a 37.95 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.11% of the company's stock.

LyondellBasell Industries Trading Up 0.1 %

Shares of LyondellBasell Industries stock traded up $0.10 during trading on Tuesday, reaching $73.51. 4,302,615 shares of the stock were exchanged, compared to its average volume of 2,063,081. The company has a quick ratio of 1.13, a current ratio of 1.83 and a debt-to-equity ratio of 0.84. The firm has a market cap of $23.87 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05. LyondellBasell Industries has a 1 year low of $72.21 and a 1 year high of $107.02. The stock's fifty day moving average is $75.91 and its 200 day moving average is $84.19.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The specialty chemicals company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.53). LyondellBasell Industries had a return on equity of 15.97% and a net margin of 3.39%. During the same period in the previous year, the firm posted $1.26 earnings per share. As a group, equities research analysts expect that LyondellBasell Industries will post 6.31 earnings per share for the current fiscal year.

LyondellBasell Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 10th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 7.29%. The ex-dividend date is Monday, March 10th. LyondellBasell Industries's dividend payout ratio (DPR) is currently 129.47%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on LYB. JPMorgan Chase & Co. cut their price objective on LyondellBasell Industries from $90.00 to $80.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Royal Bank of Canada upped their target price on LyondellBasell Industries from $82.00 to $90.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 4th. Morgan Stanley reduced their price target on shares of LyondellBasell Industries from $90.00 to $85.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Wells Fargo & Company lowered their price objective on shares of LyondellBasell Industries from $95.00 to $90.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of LyondellBasell Industries from $100.00 to $94.00 and set a "hold" rating on the stock in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $88.25.

LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.