Private Capital Advisors Inc. reduced its stake in LyondellBasell Industries NV (NYSE:LYB) by 12.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,045 shares of the specialty chemicals company’s stock after selling 6,765 shares during the period. LyondellBasell Industries accounts for about 1.9% of Private Capital Advisors Inc.’s investment portfolio, making the stock its 22nd biggest holding. Private Capital Advisors Inc.’s holdings in LyondellBasell Industries were worth $5,411,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Glenview Trust Co boosted its stake in LyondellBasell Industries by 0.4% in the second quarter. Glenview Trust Co now owns 14,051 shares of the specialty chemicals company’s stock valued at $1,186,000 after acquiring an additional 50 shares during the period. Kingfisher Capital LLC boosted its stake in LyondellBasell Industries by 0.5% in the second quarter. Kingfisher Capital LLC now owns 16,703 shares of the specialty chemicals company’s stock valued at $1,410,000 after acquiring an additional 75 shares during the period. Advisory Services Network LLC boosted its stake in LyondellBasell Industries by 0.4% in the second quarter. Advisory Services Network LLC now owns 19,225 shares of the specialty chemicals company’s stock valued at $1,622,000 after acquiring an additional 81 shares during the period. Financial Counselors Inc. boosted its stake in LyondellBasell Industries by 2.5% in the second quarter. Financial Counselors Inc. now owns 3,865 shares of the specialty chemicals company’s stock valued at $326,000 after acquiring an additional 94 shares during the period. Finally, Fiera Capital Corp boosted its stake in LyondellBasell Industries by 2.5% in the second quarter. Fiera Capital Corp now owns 3,827 shares of the specialty chemicals company’s stock valued at $323,000 after acquiring an additional 94 shares during the period. Institutional investors own 73.94% of the company’s stock.

In related news, Director Jagjeet S. Bindra sold 1,574 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $103.73, for a total transaction of $163,271.02. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.09% of the company’s stock.

A number of brokerages have commented on LYB. Zacks Investment Research upgraded LyondellBasell Industries from a “hold” rating to a “buy” rating and set a $128.00 target price for the company in a research note on Tuesday. Vertical Research downgraded LyondellBasell Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Citigroup raised LyondellBasell Industries from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Monday, December 18th. Morgan Stanley set a $115.00 price target on LyondellBasell Industries and gave the company a “buy” rating in a report on Saturday, December 2nd. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $100.00 price target on shares of LyondellBasell Industries in a report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $102.56.

LyondellBasell Industries NV (NYSE LYB) traded down $0.02 on Friday, hitting $117.68. The stock had a trading volume of 2,070,462 shares, compared to its average volume of 1,505,933. The company has a market capitalization of $46,420.00, a PE ratio of 12.55, a PEG ratio of 1.35 and a beta of 1.08. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.49 and a current ratio of 2.40. LyondellBasell Industries NV has a 52 week low of $78.01 and a 52 week high of $118.00.

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LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. is a chemical company. The Company operates in five segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. The O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.

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Institutional Ownership by Quarter for LyondellBasell Industries (NYSE:LYB)

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