Fuller & Thaler Asset Management Inc. Acquires Shares of 121,264 LyondellBasell Industries (NYSE:LYB)

Fuller & Thaler Asset Management Inc. bought a new stake in shares of LyondellBasell Industries (NYSE:LYB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 121,264 shares of the specialty chemicals company's stock, valued at approximately $9,006,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dodge & Cox increased its stake in shares of LyondellBasell Industries by 5.3% in the 4th quarter. Dodge & Cox now owns 16,965,832 shares of the specialty chemicals company's stock worth $1,260,052,000 after acquiring an additional 851,365 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of LyondellBasell Industries by 7.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,582,119 shares of the specialty chemicals company's stock valued at $637,394,000 after purchasing an additional 558,137 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of LyondellBasell Industries by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 6,804,205 shares of the specialty chemicals company's stock worth $512,913,000 after purchasing an additional 199,054 shares in the last quarter. Invesco Ltd. grew its stake in shares of LyondellBasell Industries by 13.5% in the 4th quarter. Invesco Ltd. now owns 5,826,318 shares of the specialty chemicals company's stock worth $432,721,000 after buying an additional 694,055 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in LyondellBasell Industries by 3.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,229,416 shares of the specialty chemicals company's stock valued at $501,501,000 after buying an additional 187,150 shares in the last quarter. Institutional investors own 71.20% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LYB shares. UBS Group reissued a "sell" rating and issued a $51.00 target price (down from $76.00) on shares of LyondellBasell Industries in a research note on Monday, April 7th. Barclays cut their price objective on shares of LyondellBasell Industries from $72.00 to $62.00 and set an "equal weight" rating on the stock in a research report on Thursday. BMO Capital Markets dropped 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 research note on Wednesday. Royal Bank of Canada reduced their target price on LyondellBasell Industries from $62.00 to $61.00 and set a "sector perform" rating for the company in a report on Tuesday. Finally, Fermium Researc upgraded shares of LyondellBasell Industries to a "strong-buy" rating in a report on Friday, April 25th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, LyondellBasell Industries presently has an average rating of "Hold" and an average target price of $69.75.

Insider Buying and Selling

In other news, Director Michael Sean Hanley bought 3,750 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average cost of $72.05 per share, for a total transaction of $270,187.50. Following the completion of the transaction, the director now owns 16,028 shares of the company's stock, valued at approximately $1,154,817.40. This represents a 30.54 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.14% of the stock is owned by company insiders.

LyondellBasell Industries Price Performance

NYSE:LYB traded up $0.20 during trading hours on Thursday, hitting $58.41. 1,442,876 shares of the stock traded hands, compared to its average volume of 2,518,142. The company has a quick ratio of 1.13, a current ratio of 1.83 and a debt-to-equity ratio of 0.84. LyondellBasell Industries has a 1 year low of $51.11 and a 1 year high of $107.02. The stock has a 50 day moving average price of $66.56 and a 200 day moving average price of $75.21. The company has a market cap of $18.86 billion, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 0.97 and a beta of 0.89.

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

LyondellBasell Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 9.18%. The ex-dividend date of this dividend was Monday, March 10th. LyondellBasell Industries's dividend payout ratio (DPR) is presently 165.43%.

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.