Lyondellbasell Industries Nv (LYB) Shareholder Grimes & Company INC Decreased Its Stake

June 27, 2018 - By Maria Fierro

LyondellBasell Industries N.V. (NYSE:LYB) Corporate LogoBig Money Sentiment decreased to 0.89 in Q1 2018. It has change of 0.02, from 2017Q4’s 0.91. The ratio dived due to LYB positioning: 55 sold and 260 reduced. 75 funds amassed stakes and 205 increased stakes. Investors holded 288.04 million in 2017Q4 but now own 281.54 million shares or 2.26% less. Benedict Advsr stated it has 0.61% in LyondellBasell Industries N.V. (NYSE:LYB). Cap Innovations Limited Liability Com accumulated 8,605 shs. Fernwood Inv Mngmt Ltd Liability Com holds 0.51% of its capital in LyondellBasell Industries N.V. (NYSE:LYB) for 8,675 shs. State Street has 14.62 million shs for 0.13% of their capital. Fuller And Thaler Asset Mgmt invested in 4,100 shs or 0.01% of the stock. Voloridge Management Limited Liability Corp, Florida-based fund reported 25,643 shs. Numerixs Investment Technologies reported 13,443 shs. Auxier Asset Mgmt stated it has 1.54% in LyondellBasell Industries N.V. (NYSE:LYB). Stanley holds 0.46% or 19,076 shs. Bnp Paribas Arbitrage Sa invested in 302,793 shs or 0% of the stock. Private Advisor Llc has invested 0.03% in LyondellBasell Industries N.V. (NYSE:LYB). Royal Bank Of Canada holds 2.55M shs or 0.12% of its capital. Moreover, Invest Advisors Llc has 0.25% invested in LyondellBasell Industries N.V. (NYSE:LYB). Beutel Goodman & Limited invested in 0.91% or 1.27M shs. Hallmark Cap Mgmt Inc invested in 21,925 shs or 0.28% of the stock.

According to 2018Q1 Securities and Exchange filling the Grimes & Company Inc reduced its stake in Lyondellbasell Industries Nv (LYB) by 95.13%. The company’s stock rose 2.94% while stock markets declined as Grimes & Company Inc sold 78,685 shares. At the end of 2018Q1, the 4,032 shares of the major chemicals company held by the institutional investor were priced at $426,000, down from 82,717 at the end of the previous reported quarter. Grimes & Company Inc has risen its stake in Spdr Blackstone/Gso Senior Loa (SRLN) and also increased its holding in H&R Block Inc (NYSE:HRB) by 142,938 shares in the quarter, for a total of 303,022 shares.

Earnings report for LyondellBasell Industries N.V. (NYSE:LYB) is expected on July, 27., Faxor reports. earnings per share of $2.94 is 4.26 % up from 2017’s $2.82 EPS. LYB’s profit could reach $1.15B if the current earnings per share of $2.94 is accurate. After $3.11 earnings per share was revealed last quarter, analysts now see negative EPS growth of -5.47 % for LyondellBasell Industries N.V..

More recent LyondellBasell Industries N.V. (NYSE:LYB) news were announced by Bizjournals.com, Prnewswire.com and Seekingalpha.com. The first one has “5 things to know in Texas energy this week” as a title and was announced on June 18, 2018. The next is “PolyMirae, a LyondellBasell joint venture, to expand its polypropylene capacity by 400000 tons/year in South Korea” on June 25, 2018. And last was announced on June 05, 2018, called “LyondellBasell Looks Undervalued”.

LyondellBasell Industries N.V. (NYSE:LYB) Ratings Coverage

In total 13 analysts cover LyondellBasell (NYSE:LYB). “Buy” rating has 7, “Sell” are 0, while 6 are “Hold”. (NYSE:LYB) has 54% bullish analysts. With $14000 highest and $105.0 lowest target price, LyondellBasell has $120.55 average target price or 11.30% above the current ($108.31) price. 20 are the (NYSE:LYB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, January 25 the firm earned “Hold” rating by RBC Capital Markets. The stock rating was maintained by Cowen & Co with “Hold” on Monday, May 7. On Tuesday, April 17 RBC Capital Markets maintained LyondellBasell Industries N.V. (NYSE:LYB) with “Hold” rating. On Tuesday, February 6 the firm earned “Buy” rating by Citigroup. On Monday, June 4 the stock of LyondellBasell Industries N.V. (NYSE:LYB) has “Buy” rating given by Alembic. On Monday, February 5 the stock of LyondellBasell Industries N.V. (NYSE:LYB) earned “Overweight” rating by Barclays Capital. In Tuesday, March 27 report BMO Capital Markets initiated it with “Buy” rating and $11100 target. The stock rating was downgraded by Vertical Research to “Hold” on Wednesday, January 3. On Tuesday, January 2 Jefferies maintained LyondellBasell Industries N.V. (NYSE:LYB) with “Hold” rating. On Wednesday, January 17 Wells Fargo maintained LyondellBasell Industries N.V. (NYSE:LYB) with “Buy” rating.

LyondellBasell Industries N.V. (NYSE:LYB) Analyst Ratings Chart

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