Economy

LyondellBasell Industries NV (LYB) Stake Lowered by PointState Capital LP

LyondellBasell Industries NV's dividend payout ratio is now 40.18%. Over the last five days, shares have faced -0.3% losses and now is up 12.78% since hitting its 200-day moving average of $87.1.

LyondellBasell Industries NV (NYSE:LYB) last announced its quarterly earnings data on Friday, July 28th. It has underperformed by 16.37% the S&P500.

M&T Bank Corp increased Veeva Sys Inc (VEEV) stake by 155.49% reported in 2017Q2 SEC filing. Veeva Sys Inc now has $8.16B valuation. Catawba Management Va owns 2,875 shares or 0.06% of their USA portfolio.

About 274,449 shares traded. The correct version of this piece can be read at https://weekherald.com/2017/10/06/sii-investments-inc-wi-purchases-new-position-in-lyondellbasell-industries-nv-lyb.html. It has outperformed by 1.95% the S&P500.

Investors sentiment increased to 1.76 in 2017 Q2. It improved, as 24 investors sold VEEV shares while 83 reduced holdings. 99 funds opened positions while 89 raised stakes. Alphamark Advsrs Lc reported 50 shares. 265,000 are held by Renaissance Techs Ltd Liability Company. Van Hulzen Asset Limited Liability Com has 45,560 shares for 1.53% of their portfolio. Franklin Street Advsr Nc holds 1.09% or 75,831 shares. Creative Planning reported 15,422 shares. Wellington Mgmt Group Inc Limited Liability Partnership holds 0.09% or 4.64 million shares. Fernwood Invest Lc has 11,025 shares. Hamilton Lane Limited has 1.67% invested in Veeva Systems Inc (NYSE:VEEV). Brown Advisory has 4,321 shares. 2,506,924 shares of the company's stock traded hands. Skylands Capital Ltd Com owns 7,850 shares.

Since May 1, 2017, it had 1 insider buy, and 1 sale for $102,593 activity. At present, 1 analysts call it Sell, while 12 think it is Hold. Therefore 57% are positive.

05/09/2017 - LyondellBasell Industries NV was upgraded to "buy" by analysts at Vertical Research Partners. The company was maintained on Friday, July 28 by Alembic. Stifel Nicolaus maintained the stock with "Buy" rating in Wednesday, August 31 report. RBC Capital Markets maintained the shares of LYB in report on Monday, September 18 with "Hold" rating. The rating was initiated by BTIG Research with "Neutral" on Thursday, August 25. Recently, analysts have updated the overall rating to 2.4. The firm has "Equal-Weight" rating given on Tuesday, September 6 by Morgan Stanley. The rating was maintained by Cowen & Co with "Outperform" on Tuesday, September 1.

Bb&T Securities Llc increased Adient Plc stake by 8,037 shares to 15,070 valued at $985,000 in 2017Q2. It also upped Alps Etf Tr (AMLP) stake by 470,407 shares and now owns 984,054 shares. Chevron Corp New (NYSE:CVX) was raised too.

COPYRIGHT VIOLATION WARNING: "LyondellBasell Industries NV (LYB) Given Coverage Optimism Score of 0.18" was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. The institutional investor held 26,778 shares of the major chemicals company at the end of 2017Q2, valued at $2.26M, down from 32,963 at the end of the previous reported quarter. LYB's profit will be $1.02 billion for 9.62 P/E if the $2.57 EPS becomes a reality.

Analysts await LyondellBasell Industries NV (NYSE:LYB) to report earnings on October, 27 before the open.

Morgan Stanley (NYSE:MS)'s earnings per share has been growing at a 18.1 percent rate over the past 5 year when average revenue increase was noted as -0.6 percent. Its up 0.12, from 0.83 in 2017Q1.

A number of hedge funds and other institutional investors have recently made changes to their positions in LYB. 288.30 million shares or 0.82% more from 285.96 million shares in 2017Q1 were reported. Bb&T owns 700 shares for 0% of their portfolio. Paragon Capital Mngmt Ltd stated it has 0.26% in Home Depot Inc (NYSE:HD). Paloma Prtnrs Mngmt has 0.03% invested in LyondellBasell Industries NV (NYSE:LYB) for 28,808 shares. Perigon Wealth Management, LLC now holds 44,565 shares worth $3,761,000. Regions owns 694,477 shares or 0.69% of their USA portfolio. 5,649 are owned by Assetmark. Paragon Capital Management Ltd, a Colorado-based fund reported 16,667 shares. Moreover, Goldman Capital Management Inc has 0.7% invested in the company for 501,000 shares.

PointState Capital LP trimmed its position in shares of LyondellBasell Industries NV (NYSE:LYB) by 69.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 12,541 are owned by Thrivent For Lutherans. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Therefore 35% are positive. Finally, SunTrust Banks, Inc. restated a "hold" rating and issued a $96.00 price objective (up previously from $90.00) on shares of LyondellBasell Industries NV in a report on Saturday, September 30th. UBS AG reiterated a "neutral" rating and set a $85.00 target price (down previously from $94.00) on shares of LyondellBasell Industries NV in a report on Sunday, June 25th. The company was maintained on Thursday, December 29 by Cowen & Co. The company was maintained on Tuesday, September 13 by Deutsche Bank. Citigroup maintained LyondellBasell Industries NV (NYSE:LYB) rating on Tuesday, August 2. Gordon Haskett Capital Corporation has "Buy" rating and $189.0 target. Instinet lifted their target price on LyondellBasell Industries NV from $82.00 to $91.00 and gave the company a neutral rating in a research report on Monday, February 6th. The company now has an average rating of "Hold" and an average price target of $94.33. The rating was maintained by Jefferies with "Hold" on Thursday, September 22. As per Monday, February 6, the company rating was maintained by RBC Capital Markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


09 October 2017
Vegas shooter booked room facing Lollapalooza in Chicago
As CrimeOnline previously reported , Paddock booked two rooms at the Blackstone Hotel in Chicago on the weekend of Lollapalooza. An estimated 400,000 people, including former First Daughter Malia Obama, attended the four-day music festival in August.

09 October 2017
Ghana make winning return to FIFA World Cup
However Ghana, victor of the trophy in 1991 and 1995, are eager to regain the World Cup which have eluded them for 22-years. Ghana will be heading to the round of 16 should they record a victory over United States of America tomorrow.

09 October 2017
Saudi Aramco in talks to invest in West Coast refinery
Saudi Arabia accounts for approximately 19% of India's crude and 29% of LPG imports. India is the world's third-largest energy-consuming economy.

09 October 2017
Genus plc (GNS) Given "Hold" Rating at Liberum Capital
Genus PLC (LON: GNS ) had its price target hold steady to 2,600.00GBX by Peel Hunt in a report issued Monday October 09, 2017. Peel Hunt now has a GBX 2600.00 target price per share on the 1.36 billion GBP market cap company or 17.12% upside potential.

09 October 2017
Great Plains Energy Incorporate (NYSE:GXP) Trading Volume Significantly Higher
On average, equities analysts predict that Great Plains Energy Inc will post $1.60 earnings per share for the current fiscal year. GXP's 9-day MACD now sits above the 20-day MACD, indicating that GXP's upside momentum has increased during the last three weeks.

09 October 2017
Firefighters use helicopters to extinguish market fire outside Moscow
The fire at the market sent a thick cloud of gray smoke billowing into the air, footage broadcast on Russian television showed. The fire has been assigned the third degree of complexity.

09 October 2017
Intel Corporation (NASDAQ:INTC) Closed 8.6% Above Its 50 Day Average
Sky Group Limited Company holds 86,257 shares or 1.23% of its portfolio. 870 were reported by Manufacturers Life Insurance Co The. Sure enough, INTC stock soon thereafter staged this breakout and last week reached my $39-$40 area near-term profit target.

09 October 2017
Confirmed! Salman Khan To Launch Brother-In-Law Aayush Sharma
He has worked with closely with Salman in films like "Bajrangi Bhaijaan", "Prem Ratan Dhan Payo", "Sultan" and "Tubelight". When it comes to launching newcomers in Bollywood, without any hesitance, we can say that Salman Khan tops the list.

09 October 2017
Pixel 2 knows when you're driving, will switch to DND mode
There appears to be a new feature in the Pixel 2 and the Pixel 2 XL which Google didn't talk about during the announcement. Here you can choose to switch on do not disturb mode automatically, manually or when connected to your car's Bluetooth.

09 October 2017
McDonald's promises more Szchuan Sauce for 'Rick and Morty' fans
Rick admits to have developed an obsession over it and vows that " in 9 seasons or 97 years I'll receive more Szechuan sauce ." . Szechuan Sauce has now returned to the public eye thanks to a reference in the hit Adult Swim cartoon " Rick and Morty ".



Recommended