GSA Capital Partners LLP Takes $1.27 Million Position in LyondellBasell Industries (NYSE:LYB)

GSA Capital Partners LLP acquired a new position in shares of LyondellBasell Industries (NYSE:LYB - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,256 shares of the specialty chemicals company's stock, valued at approximately $1,271,000.

Other hedge funds also recently modified their holdings of the company. CVA Family Office LLC lifted its stake 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 valued at $25,000 after acquiring an additional 159 shares during the last quarter. Beacon Capital Management LLC acquired a new position in LyondellBasell Industries during the first quarter worth approximately $28,000. Matrix Trust Co acquired a new position in LyondellBasell Industries during the third quarter worth approximately $30,000. Blue Trust Inc. lifted its position in shares of LyondellBasell Industries by 311.0% in the second quarter. Blue Trust Inc. now owns 300 shares of the specialty chemicals company's stock valued at $31,000 after buying an additional 227 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of LyondellBasell Industries during the 3rd quarter worth approximately $31,000. Institutional investors own 71.20% of the company's stock.

LyondellBasell Industries Trading Up 0.1 %

LyondellBasell Industries stock traded up $0.09 during trading hours on Friday, hitting $82.65. The stock had a trading volume of 2,235,239 shares, compared to its average volume of 1,870,532. The business's 50 day simple moving average is $91.35 and its 200-day simple moving average is $95.07. LyondellBasell Industries has a one year low of $82.20 and a one year high of $107.02. The stock has a market cap of $26.84 billion, a price-to-earnings ratio of 12.65, a P/E/G ratio of 2.33 and a beta of 1.08. The company has a quick ratio of 1.25, a current ratio of 2.13 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 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.10). LyondellBasell Industries had a return on equity of 17.05% and a net margin of 5.29%. The business had revenue of $10.33 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the prior year, the business earned $2.46 earnings per share. The firm's quarterly revenue was down 2.8% on a year-over-year basis. On average, equities analysts predict that LyondellBasell Industries will post 7.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. StockNews.com raised shares of LyondellBasell Industries from a "hold" rating to a "buy" rating in a report on Thursday. Wells Fargo & Company decreased their price objective on LyondellBasell Industries from $110.00 to $105.00 and set an "overweight" rating on the stock in a report on Tuesday, November 5th. Mizuho dropped their target price on LyondellBasell Industries from $101.00 to $97.00 and set a "neutral" rating for the company in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of LyondellBasell Industries from $100.00 to $94.00 and set a "hold" rating on the stock in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. cut their price objective 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $101.70.

LyondellBasell Industries 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.