Advisor Group Inc. Buys 682 Shares of LyondellBasell Industries NV (LYB)

Advisor Group Inc. increased its stake in shares of LyondellBasell Industries NV (NYSE:LYB) by 2.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 28,574 shares of the specialty chemicals company’s stock after purchasing an additional 682 shares during the period. Advisor Group Inc.’s holdings in LyondellBasell Industries NV were worth $2,831,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of LYB. Seven Bridges Advisors LLC lifted its holdings in LyondellBasell Industries NV by 32.8% during the 2nd quarter. Seven Bridges Advisors LLC now owns 1,936 shares of the specialty chemicals company’s stock worth $163,000 after purchasing an additional 478 shares in the last quarter. WESPAC Advisors SoCal LLC lifted its holdings in LyondellBasell Industries NV by 4.9% during the 2nd quarter. WESPAC Advisors SoCal LLC now owns 2,125 shares of the specialty chemicals company’s stock worth $179,000 after purchasing an additional 100 shares in the last quarter. WFG Advisors LP lifted its holdings in LyondellBasell Industries NV by 66.4% during the 2nd quarter. WFG Advisors LP now owns 2,213 shares of the specialty chemicals company’s stock worth $187,000 after purchasing an additional 883 shares in the last quarter. HighVista Strategies LLC purchased a new stake in LyondellBasell Industries NV during the 2nd quarter worth about $203,000. Finally, Vicus Capital purchased a new stake in LyondellBasell Industries NV during the 3rd quarter worth about $203,000. 74.58% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Jagjeet S. Bindra sold 1,574 shares of the stock in a transaction dated 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 document filed with the SEC, which is available through the SEC website. 0.09% of the stock is currently owned by corporate insiders.

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LyondellBasell Industries NV (NYSE LYB) opened at $102.70 on Thursday. The company has a current ratio of 2.40, a quick ratio of 1.49 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $40,921.31, a PE ratio of 10.73, a PEG ratio of 1.16 and a beta of 1.08. LyondellBasell Industries NV has a 1 year low of $78.01 and a 1 year high of $107.83.

A number of analysts recently issued reports on LYB shares. Cowen and Company reissued a “hold” rating and set a $90.00 price objective on shares of LyondellBasell Industries NV in a report on Monday, August 28th. UBS AG increased their price objective on LyondellBasell Industries NV from $88.00 to $96.00 and gave the stock a “neutral” rating in a report on Friday, October 13th. cut LyondellBasell Industries NV from a “buy” rating to a “hold” rating and set a $101.00 price objective on the stock. in a report on Tuesday, October 10th. ValuEngine raised LyondellBasell Industries NV from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 6th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $95.00 price objective (up previously from $88.00) on shares of LyondellBasell Industries NV in a report on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $99.56.

LyondellBasell Industries NV 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.

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

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