Captrust Financial Advisors Raises Holdings in LyondellBasell Industries (NYSE:LYB)

Captrust Financial Advisors boosted its holdings in LyondellBasell Industries (NYSE:LYB - Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 135,346 shares of the specialty chemicals company's stock after purchasing an additional 6,074 shares during the period. Captrust Financial Advisors' holdings in LyondellBasell Industries were worth $12,980,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. CVA Family Office LLC increased its position in LyondellBasell Industries by 155.9% in the third quarter. CVA Family Office LLC now owns 261 shares of the specialty chemicals company's stock worth $25,000 after buying an additional 159 shares during the last quarter. Blue Trust Inc. increased its holdings in LyondellBasell Industries by 311.0% in the 2nd quarter. Blue Trust Inc. now owns 300 shares of the specialty chemicals company's stock worth $31,000 after acquiring an additional 227 shares during the last quarter. Matrix Trust Co bought a new stake in LyondellBasell Industries in the 3rd quarter valued at about $30,000. Ashton Thomas Securities LLC purchased a new stake in LyondellBasell Industries during the third quarter valued at about $31,000. Finally, Independence Bank of Kentucky boosted its position in LyondellBasell Industries by 125.6% during the second quarter. Independence Bank of Kentucky now owns 388 shares of the specialty chemicals company's stock worth $37,000 after purchasing an additional 216 shares during the period. Institutional investors own 71.20% of the company's stock.

LyondellBasell Industries Stock Down 1.6 %

LyondellBasell Industries stock traded down $1.31 during mid-day trading on Monday, hitting $82.03. The company had a trading volume of 1,843,810 shares, compared to its average volume of 1,910,304. The company has a market capitalization of $26.64 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. The stock's 50 day moving average price is $88.88 and its two-hundred day moving average price is $93.62. LyondellBasell Industries has a 12 month low of $81.06 and a 12 month high of $107.02. The company has a current ratio of 2.13, a quick ratio of 1.25 and a debt-to-equity ratio of 0.81.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last posted its earnings results on Friday, November 1st. The specialty chemicals company reported $1.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.10). The company had revenue of $10.33 billion for the quarter, compared to the consensus estimate of $10.60 billion. LyondellBasell Industries had a net margin of 5.29% and a return on equity of 17.05%. LyondellBasell Industries's revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.46 EPS. As a group, sell-side analysts anticipate that LyondellBasell Industries will post 7.09 earnings per share for the current fiscal year.

LyondellBasell Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Monday, December 2nd will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date of this dividend is Monday, December 2nd. LyondellBasell Industries's payout ratio is 81.58%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Mizuho decreased their price target on LyondellBasell Industries from $101.00 to $97.00 and set a "neutral" rating on the stock in a research report on Monday, November 4th. JPMorgan Chase & Co. cut their price target on shares of LyondellBasell Industries from $110.00 to $100.00 and set an "overweight" rating for the company in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft decreased their price target 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. StockNews.com raised LyondellBasell Industries from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Royal Bank of Canada decreased their target price on LyondellBasell Industries from $110.00 to $104.00 and set an "outperform" rating on the stock in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $101.70.

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.