5,685 Shares in LyondellBasell Industries (NYSE:LYB) Acquired by Chapman Financial Group LLC

Chapman Financial Group LLC acquired a new position in LyondellBasell Industries (NYSE:LYB - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,685 shares of the specialty chemicals company's stock, valued at approximately $422,000.

A number of other large investors also recently added to or reduced their stakes in the business. Webster Bank N. A. raised 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 worth $26,000 after buying an additional 143 shares during the last quarter. Rosenberg Matthew Hamilton raised its position in shares of LyondellBasell Industries by 268.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 405 shares of the specialty chemicals company's stock valued at $30,000 after acquiring an additional 295 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of LyondellBasell Industries in the 4th quarter valued at $37,000. Covestor Ltd boosted its position in shares of LyondellBasell Industries by 107.6% in the 4th quarter. Covestor Ltd now owns 548 shares of the specialty chemicals company's stock worth $41,000 after purchasing an additional 284 shares during the last quarter. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of LyondellBasell Industries during the fourth quarter worth $59,000. 71.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at LyondellBasell Industries

In other news, Director Michael Sean Hanley acquired 3,750 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $72.05 per share, with a total value of $270,187.50. Following the transaction, the director now directly owns 16,028 shares in the company, valued at approximately $1,154,817.40. The trade was a 30.54 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.14% of the stock is owned by company insiders.

LyondellBasell Industries Stock Up 2.8 %

Shares of LYB stock traded up $1.55 on Thursday, hitting $57.16. 2,816,202 shares of the stock were exchanged, compared to its average volume of 2,550,878. The business has a 50-day moving average of $64.57 and a 200 day moving average of $74.00. LyondellBasell Industries has a fifty-two week low of $51.11 and a fifty-two week high of $103.02. The firm has a market capitalization of $18.37 billion, a P/E ratio of 13.81, a price-to-earnings-growth ratio of 0.97 and a beta of 0.87. The company has a current ratio of 1.83, a quick ratio of 1.13 and a debt-to-equity ratio of 0.84.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The specialty chemicals company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.03). LyondellBasell Industries had a return on equity of 15.97% and a net margin of 3.39%. The business had revenue of $7.68 billion for the quarter, compared to the consensus estimate of $7.69 billion. During the same period in the prior year, the business earned $1.53 earnings per share. LyondellBasell Industries's revenue was down 7.6% compared to the same quarter last year. Equities analysts anticipate that LyondellBasell Industries will post 6.31 EPS for the current year.

LyondellBasell Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were paid a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 9.38%. LyondellBasell Industries's dividend payout ratio is 165.43%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on LYB shares. Royal Bank of Canada reduced their target price on LyondellBasell Industries from $62.00 to $61.00 and set a "sector perform" rating on the stock in a report on Tuesday, April 29th. JPMorgan Chase & Co. restated a "neutral" rating and set a $60.00 price objective (down previously from $80.00) on shares of LyondellBasell Industries in a report on Friday, April 4th. BMO Capital Markets cut their target price on shares of LyondellBasell Industries from $71.00 to $65.00 and set a "market perform" rating on the stock in a report on Wednesday, April 30th. The Goldman Sachs Group decreased their price target on shares of LyondellBasell Industries from $81.00 to $65.00 and set a "sell" rating for the company in a report on Monday, April 28th. Finally, Barclays dropped their price objective on LyondellBasell Industries from $72.00 to $62.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 1st. Three analysts have rated the stock with a sell rating, nine have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $69.75.

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.