LyondellBasell Industries N.V. $LYB Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in LyondellBasell Industries by 10.8% in Q4, selling 17,292 shares and ending the quarter with 143,324 shares worth $6.28 million.
• LyondellBasell reported Q results with an EPS of ($0.26) on $7.09 billion in revenue and recently paid a quarterly dividend of $0.69 (annualized $2.76, yield 3.9%), but the payout ratio is a stressed -118.45%.
• Major shareholder Ai Investments sold 384,548 shares (~$26.2 million), institutional investors hold 71.20% of the stock, and analysts’ consensus rating is a Hold with a $72.05 price target.

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in LyondellBasell Industries N.V. (NYSE:LYB - Free Report) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 143,324 shares of the specialty chemicals company's stock after selling 17,292 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in LyondellBasell Industries were worth $6,278,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Probity Advisors Inc. lifted its holdings in shares of LyondellBasell Industries by 112.1% during the 4th quarter. Probity Advisors Inc. now owns 9,461 shares of the specialty chemicals company's stock valued at $410,000 after acquiring an additional 5,001 shares in the last quarter. Evergreen Capital Management LLC acquired a new position in shares of LyondellBasell Industries during the 4th quarter valued at $1,003,000. Bayforest Capital Ltd lifted its holdings in shares of LyondellBasell Industries by 104.9% during the 4th quarter. Bayforest Capital Ltd now owns 9,747 shares of the specialty chemicals company's stock valued at $422,000 after acquiring an additional 4,989 shares in the last quarter. Elevated Capital Advisors LLC lifted its holdings in shares of LyondellBasell Industries by 26.3% during the 4th quarter. Elevated Capital Advisors LLC now owns 22,233 shares of the specialty chemicals company's stock valued at $963,000 after acquiring an additional 4,624 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of LyondellBasell Industries by 5.6% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 10,722 shares of the specialty chemicals company's stock valued at $464,000 after acquiring an additional 565 shares in the last quarter. Institutional investors and hedge funds own 71.20% of the company's stock.

LyondellBasell Industries Price Performance

LYB opened at $71.02 on Tuesday. The company has a 50-day moving average of $69.63 and a 200-day moving average of $55.08. The company has a market capitalization of $22.92 billion, a P/E ratio of -30.48, a PEG ratio of 0.24 and a beta of 0.40. LyondellBasell Industries N.V. has a 1-year low of $41.58 and a 1-year high of $83.94. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.20 and a current ratio of 1.77.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last released its earnings results on Saturday, February 21st. The specialty chemicals company reported ($0.26) earnings per share for the quarter. The company had revenue of $7.09 billion during the quarter. LyondellBasell Industries had a positive return on equity of 4.93% and a negative net margin of 2.46%. Equities analysts expect that LyondellBasell Industries N.V. will post 5.44 EPS for the current fiscal year.

LyondellBasell Industries Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were given a $0.69 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.76 annualized dividend and a dividend yield of 3.9%. LyondellBasell Industries's payout ratio is presently -118.45%.

Insider Buying and Selling at LyondellBasell Industries

In other news, major shareholder Ai Investments Holdings Llc sold 384,548 shares of the business's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $68.13, for a total value of $26,199,255.24. Following the completion of the sale, the insider owned 5,270,918 shares of the company's stock, valued at approximately $359,107,643.34. The trade was a 6.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.14% of the company's stock.

Analyst Upgrades and Downgrades

LYB has been the topic of several recent research reports. Wall Street Zen upgraded shares of LyondellBasell Industries from a "sell" rating to a "hold" rating in a report on Saturday, March 21st. Vertical Research raised shares of LyondellBasell Industries from a "hold" rating to a "buy" rating and set a $75.00 price target on the stock in a research note on Monday, March 9th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of LyondellBasell Industries in a research note on Tuesday, April 21st. Evercore lifted their price target on shares of LyondellBasell Industries from $57.00 to $70.00 in a research note on Wednesday, April 22nd. Finally, Royal Bank Of Canada lifted their price target on shares of LyondellBasell Industries from $82.00 to $91.00 and gave the stock an "outperform" rating in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $72.05.

LyondellBasell Industries Profile

LyondellBasell Industries N.V. NYSE: LYB is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.

The company's integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.

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