Generali Investments Towarzystwo Funduszy Inwestycyjnych Grows Stock Holdings in LyondellBasell Industries (NYSE:LYB)

Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its stake in shares of LyondellBasell Industries (NYSE:LYB) by 26.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,200 shares of the specialty chemicals company’s stock after buying an additional 250 shares during the quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in LyondellBasell Industries were worth $89,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of LYB. Webster Bank N. A. grew its stake in shares of LyondellBasell Industries by 70.4% during the fourth quarter. Webster Bank N. A. now owns 346 shares of the specialty chemicals company’s stock valued at $26,000 after buying an additional 143 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of LyondellBasell Industries by 268.2% during the fourth quarter. Rosenberg Matthew Hamilton now owns 405 shares of the specialty chemicals company’s stock valued at $30,000 after buying an additional 295 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of LyondellBasell Industries during the third quarter valued at about $31,000. Pinnacle Bancorp Inc. bought a new position in shares of LyondellBasell Industries during the fourth quarter valued at about $59,000. Finally, Brooklyn Investment Group bought a new position in shares of LyondellBasell Industries during the third quarter valued at about $60,000. 71.20% of the stock is owned by institutional investors.

Insider Activity

In other LyondellBasell Industries news, Director Robin W.T. Buchanan bought 5,000 shares of the stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of $76.06 per share, for a total transaction 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 trade represents a 37.95 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on LyondellBasell Industries from $100.00 to $94.00 and set a “hold” rating on the stock in a research note on Monday, November 4th. StockNews.com cut LyondellBasell Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Royal Bank of Canada raised 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. Mizuho cut their target price on LyondellBasell Industries from $97.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, December 9th. Finally, UBS Group cut their target price on LyondellBasell Industries from $77.00 to $76.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, LyondellBasell Industries presently has a consensus rating of “Hold” and an average target price of $88.25.

LyondellBasell Industries Stock Performance

Shares of LYB opened at $76.01 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.83 and a quick ratio of 1.13. LyondellBasell Industries has a one year low of $72.21 and a one year high of $107.02. The company has a 50-day simple moving average of $75.86 and a two-hundred day simple moving average of $84.66. The firm has a market capitalization of $24.68 billion, a PE ratio of 18.36, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05.

LyondellBasell Industries (NYSE:LYB) last released its earnings results on Friday, January 31st. The specialty chemicals company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.53). LyondellBasell Industries had a net margin of 3.39% and a return on equity of 15.97%. During the same quarter in the previous year, the business earned $1.26 EPS. On average, analysts anticipate that LyondellBasell Industries will post 6.31 EPS for the current fiscal year.

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.