LyondellBasell Industries (NYSE:LYB) is swisspartners Advisors Ltd's 5th Largest Position

swisspartners Advisors Ltd increased its holdings in LyondellBasell Industries (NYSE:LYB - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,648 shares of the specialty chemicals company's stock after purchasing an additional 3,865 shares during the quarter. LyondellBasell Industries accounts for 11.5% of swisspartners Advisors Ltd's investment portfolio, making the stock its 5th biggest position. swisspartners Advisors Ltd's holdings in LyondellBasell Industries were worth $6,435,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. HighTower Advisors LLC increased its position in shares of LyondellBasell Industries by 18.2% in the third quarter. HighTower Advisors LLC now owns 1,038,687 shares of the specialty chemicals company's stock valued at $99,557,000 after acquiring an additional 159,803 shares during the period. JPMorgan Chase & Co. increased its position in shares of LyondellBasell Industries by 3.7% in the third quarter. JPMorgan Chase & Co. now owns 5,229,416 shares of the specialty chemicals company's stock valued at $501,501,000 after acquiring an additional 187,150 shares during the period. Quantinno Capital Management LP increased its position in shares of LyondellBasell Industries by 23.1% in the third quarter. Quantinno Capital Management LP now owns 61,897 shares of the specialty chemicals company's stock valued at $5,936,000 after acquiring an additional 11,610 shares during the period. Fifth Third Wealth Advisors LLC increased its position in shares of LyondellBasell Industries by 202.4% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 12,986 shares of the specialty chemicals company's stock valued at $964,000 after acquiring an additional 8,691 shares during the period. Finally, Sound Income Strategies LLC increased its position in shares of LyondellBasell Industries by 8.1% in the fourth quarter. Sound Income Strategies LLC now owns 271,626 shares of the specialty chemicals company's stock valued at $20,174,000 after acquiring an additional 20,310 shares during the period. Hedge funds and other institutional investors own 71.20% of the company's stock.

LyondellBasell Industries Stock Up 0.5 %

NYSE:LYB traded up $0.38 during mid-day trading on Thursday, hitting $76.27. 1,891,741 shares of the company's stock were exchanged, compared to its average volume of 2,783,953. LyondellBasell Industries has a one year low of $72.21 and a one year high of $107.02. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.83 and a quick ratio of 1.13. The business has a fifty day moving average price of $75.61 and a 200 day moving average price of $86.06. The company has a market cap of $24.77 billion, a PE ratio of 18.42, a P/E/G ratio of 0.92 and a beta of 1.05.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The specialty chemicals company reported $0.75 EPS 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 quarter in the prior year, the business posted $1.26 EPS. Equities analysts predict that LyondellBasell Industries will post 6.68 EPS for the current year.

LyondellBasell Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Monday, December 2nd were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 7.03%. The ex-dividend date was Monday, December 2nd. LyondellBasell Industries's payout ratio is currently 129.47%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LYB. Mizuho decreased their price objective on shares of LyondellBasell Industries from $97.00 to $85.00 and set a "neutral" rating on the stock in a research report on Monday, December 9th. Piper Sandler decreased their price objective on shares of LyondellBasell Industries from $95.00 to $84.00 and set a "neutral" rating on the stock in a research report on Thursday. Barclays decreased their price objective on shares of LyondellBasell Industries from $90.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft cut their target price on shares of LyondellBasell Industries from $100.00 to $94.00 and set a "hold" rating on the stock in a research note on Monday, November 4th. Finally, The Goldman Sachs Group cut their target price on shares of LyondellBasell Industries from $96.00 to $86.00 and set a "sell" rating on the stock in a research note on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, LyondellBasell Industries has an average rating of "Hold" and a consensus target price of $88.25.

Insider Buying and Selling

In other news, Director Robin W.T. Buchanan bought 5,000 shares of the firm's stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of $76.06 per share, with a total value of $380,300.00. Following the completion of the acquisition, the director now owns 18,175 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.11% of the stock is currently owned by insiders.

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.