Financial Gravity Companies Inc. Invests $94,000 in LyondellBasell Industries NV (LYB) Stock

Financial Gravity Companies Inc. bought a new stake in LyondellBasell Industries NV (NYSE:LYB) during the 4th quarter, Holdings Channel reports. The firm bought 1,059 shares of the specialty chemicals company’s stock, valued at approximately $94,000.

Other large investors have also recently bought and sold shares of the company. Advisors Preferred LLC acquired a new position in LyondellBasell Industries in the 4th quarter valued at about $31,000. Pflug Koory LLC lifted its holdings in shares of LyondellBasell Industries by 100.0% in the 4th quarter. Pflug Koory LLC now owns 400 shares of the specialty chemicals company’s stock worth $38,000 after acquiring an additional 200 shares during the last quarter. We Are One Seven LLC acquired a new position in shares of LyondellBasell Industries in the 4th quarter worth approximately $51,000. First Mercantile Trust Co. lifted its holdings in shares of LyondellBasell Industries by 60.8% in the 4th quarter. First Mercantile Trust Co. now owns 820 shares of the specialty chemicals company’s stock worth $68,000 after acquiring an additional 310 shares during the last quarter. Finally, Private Capital Group LLC lifted its holdings in shares of LyondellBasell Industries by 10.4% in the 4th quarter. Private Capital Group LLC now owns 1,513 shares of the specialty chemicals company’s stock worth $126,000 after acquiring an additional 143 shares during the last quarter. Institutional investors own 72.90% of the company’s stock.

In other LyondellBasell Industries news, Director Robin W.T. Buchanan bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 6th. The shares were purchased at an average cost of $88.63 per share, with a total value of $443,150.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Ai Investments Holdings Llc bought 2,186,973 shares of the business’s stock in a transaction that occurred on Tuesday, November 13th. The shares were acquired at an average cost of $95.60 per share, for a total transaction of $209,074,618.80. The disclosure for this purchase can be found here. 0.09% of the stock is owned by corporate insiders.



Several equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of LyondellBasell Industries from a “sell” rating to a “hold” rating in a report on Friday, February 1st. Alembic Global Advisors set a $120.00 price objective on shares of LyondellBasell Industries and gave the stock a “buy” rating in a report on Saturday, February 2nd. BMO Capital Markets decreased their price objective on shares of LyondellBasell Industries from $97.00 to $95.00 and set a “market perform” rating on the stock in a report on Tuesday, February 5th. Cowen restated a “market perform” rating and issued a $100.00 price objective on shares of LyondellBasell Industries in a report on Wednesday, February 6th. Finally, ValuEngine lowered shares of LyondellBasell Industries from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. Two analysts have rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $117.12.

Shares of LYB opened at $84.58 on Monday. LyondellBasell Industries NV has a fifty-two week low of $77.52 and a fifty-two week high of $119.39. The company has a market cap of $32.45 billion, a P/E ratio of 7.50, a price-to-earnings-growth ratio of 0.86 and a beta of 1.38. The company has a current ratio of 1.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83.

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About LyondellBasell Industries

LyondellBasell Industries N.V. operates as a chemical company worldwide. The company operates in five segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology. It produces and markets olefins and co-products; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers, copolymers, and compounds.

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

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