Capital City Trust Co. FL Acquires 1,726 Shares of LyondellBasell Industries (NYSE:LYB)

Capital City Trust Co. FL boosted its holdings in shares of LyondellBasell Industries (NYSE:LYB) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,579 shares of the specialty chemicals company’s stock after buying an additional 1,726 shares during the quarter. Capital City Trust Co. FL’s holdings in LyondellBasell Industries were worth $2,123,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Webster Bank N. A. lifted its holdings in shares of LyondellBasell Industries by 70.4% in 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 in the last quarter. Cairn Investment Group Inc. increased its position in LyondellBasell Industries by 0.4% during the fourth quarter. Cairn Investment Group Inc. now owns 42,147 shares of the specialty chemicals company’s stock valued at $3,130,000 after acquiring an additional 155 shares during the last quarter. Raymond James Trust N.A. grew its holdings in shares of LyondellBasell Industries by 1.0% in the third quarter. Raymond James Trust N.A. now owns 17,483 shares of the specialty chemicals company’s stock worth $1,677,000 after purchasing an additional 173 shares during the last quarter. Alliance Wealth Advisors LLC UT grew its holdings in shares of LyondellBasell Industries by 5.2% in the fourth quarter. Alliance Wealth Advisors LLC UT now owns 3,608 shares of the specialty chemicals company’s stock worth $268,000 after purchasing an additional 177 shares during the last quarter. Finally, Concord Wealth Partners lifted its stake in LyondellBasell Industries by 4.2% in the third quarter. Concord Wealth Partners now owns 4,790 shares of the specialty chemicals company’s stock worth $459,000 after acquiring an additional 194 shares during the period. 71.20% of the stock is currently owned by institutional investors.

LyondellBasell Industries Stock Down 0.7 %

LyondellBasell Industries stock opened at $77.05 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.13 and a current ratio of 1.83. LyondellBasell Industries has a fifty-two week low of $72.21 and a fifty-two week high of $107.02. The stock’s fifty day moving average is $75.67 and its two-hundred day moving average is $85.19. The firm has a market capitalization of $25.02 billion, a price-to-earnings ratio of 18.61, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05.

LyondellBasell Industries (NYSE:LYB) last issued its quarterly earnings data on Friday, January 31st. The specialty chemicals company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.53). LyondellBasell Industries had a net margin of 3.39% and a return on equity of 15.97%. During the same period in the previous year, the company earned $1.26 earnings per share. Analysts predict that LyondellBasell Industries will post 6.31 EPS for the current fiscal year.

Insider Transactions at LyondellBasell Industries

In related news, Director Robin W.T. Buchanan bought 5,000 shares of the stock in a transaction dated Friday, December 13th. The stock was acquired at an average price of $76.06 per share, for a total transaction of $380,300.00. Following the completion of the purchase, the director now owns 18,175 shares in the company, valued at $1,382,390.50. This represents a 37.95 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. StockNews.com lowered shares of LyondellBasell Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Wells Fargo & Company cut their price target on shares of LyondellBasell Industries from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Royal Bank of Canada raised their price objective on shares of LyondellBasell Industries from $82.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 4th. UBS Group dropped their price objective on shares of LyondellBasell Industries from $77.00 to $76.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd. Finally, Piper Sandler decreased their target price on LyondellBasell Industries from $95.00 to $84.00 and set a “neutral” rating on the stock in a research report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, LyondellBasell Industries currently has a consensus rating of “Hold” and an average target price of $88.25.

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.