Lyondellbasell Industries N Shs (LYB) Shareholder Kempen Capital Management Trimmed Position by $8.48 Million as Market Valuation Declined

May 17, 2018 - By Robert Crowder

LyondellBasell Industries N.V. (NYSE:LYB) LogoInvestors sentiment increased to 0.91 in 2017 Q4. Its up 0.07, from 0.84 in 2017Q3. It is positive, as 51 investors sold LYB shares while 271 reduced holdings. 88 funds opened positions while 206 raised stakes. 288.04 million shares or 0.22% more from 287.42 million shares in 2017Q3 were reported. Old Natl Bank In holds 21,962 shares. Checchi Advisers Ltd Llc reported 2,587 shares stake. Stevens Cap Mgmt Lp has invested 0.06% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB). Marietta Inv Lc has invested 0.18% in LyondellBasell Industries N.V. (NYSE:LYB). Federated Investors Incorporated Pa invested 0% in LyondellBasell Industries N.V. (NYSE:LYB). The Singapore-based Bancorporation Pictet And Cie (Asia) Limited has invested 0.18% in LyondellBasell Industries N.V. (NYSE:LYB). Benedict Fincl Advsrs Incorporated has 0.58% invested in LyondellBasell Industries N.V. (NYSE:LYB). Pathstone Family Office Ltd reported 0% stake. Grimes And Inc has 0.88% invested in LyondellBasell Industries N.V. (NYSE:LYB) for 82,717 shares. Credit Agricole S A accumulated 3,600 shares or 0.03% of the stock. 103 are held by Moneta Lc. Karp Corporation owns 14,905 shares or 0.7% of their US portfolio. Lombard Odier Asset Mgmt (Switzerland) reported 0.03% in LyondellBasell Industries N.V. (NYSE:LYB). First Republic Invest Mgmt Incorporated accumulated 644,330 shares. Koch Industry Inc reported 0.1% stake.

Kempen Capital Management decreased its stake in Lyondellbasell Industries N Shs (LYB) by 19.14% based on its latest 2017Q4 regulatory filing with the SEC. Kempen Capital Management sold 77,086 shares as the company’s stock declined 5.31% with the market. The institutional investor held 325,597 shares of the major chemicals company at the end of 2017Q4, valued at $35.92 million, down from 402,683 at the end of the previous reported quarter. Kempen Capital Management who had been investing in Lyondellbasell Industries N Shs for a number of months, seems to be less bullish one the $45.46 billion market cap company. The stock increased 0.56% or $0.65 during the last trading session, reaching $115.96. About 1.15 million shares traded. LyondellBasell Industries N.V. (NYSE:LYB) has risen 17.51% since May 17, 2017 and is uptrending. It has outperformed by 5.96% the S&P500.

Kempen Capital Management, which manages about $1.26B US Long portfolio, upped its stake in Verizon Communications Inc Com (NYSE:VZ) by 89,650 shares to 593,355 shares, valued at $31.41 million in 2017Q4, according to the filing. It also increased its holding in Retail Pptys Amer Inc Cl A (NYSE:RPAI) by 810,747 shares in the quarter, for a total of 1.95 million shares, and has risen its stake in Merck & Co Inc Com (NYSE:MRK).

Analysts await LyondellBasell Industries N.V. (NYSE:LYB) to report earnings on July, 27. They expect $2.94 earnings per share, up 4.26 % or $0.12 from last year’s $2.82 per share. LYB’s profit will be $1.15B for 9.86 P/E if the $2.94 EPS becomes a reality. After $3.11 actual earnings per share reported by LyondellBasell Industries N.V. for the previous quarter, Wall Street now forecasts -5.47 % negative EPS growth.

More important recent LyondellBasell Industries N.V. (NYSE:LYB) news were published by: Benzinga.com which released: “The Market In 5 Minutes: The Latest On North Korea, Building Permits, Fintech Awards And More” on May 16, 2018, also Livetradingnews.com published article titled: “Wall Street’s Top Analysts Upgrades, Downgrades & Initiations”, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” on May 16, 2018. More interesting news about LyondellBasell Industries N.V. (NYSE:LYB) was released by: Streetinsider.com and their article: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” with publication date: May 15, 2018.

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

Among 12 analysts covering LyondellBasell (NYSE:LYB), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. LyondellBasell had 20 analyst reports since November 30, 2017 according to SRatingsIntel. RBC Capital Markets maintained the shares of LYB in report on Tuesday, April 17 with “Hold” rating. The stock of LyondellBasell Industries N.V. (NYSE:LYB) has “Buy” rating given on Wednesday, May 16 by Jefferies. SunTrust maintained the shares of LYB in report on Monday, February 5 with “Hold” rating. On Tuesday, March 27 the stock rating was initiated by BMO Capital Markets with “Buy”. The stock has “Hold” rating by Cowen & Co on Monday, May 7. The company was maintained on Monday, February 5 by Barclays Capital. On Wednesday, January 3 the stock rating was downgraded by Vertical Research to “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Thursday, January 25. The firm has “Buy” rating by Wells Fargo given on Wednesday, January 17. Susquehanna maintained LyondellBasell Industries N.V. (NYSE:LYB) rating on Sunday, March 18. Susquehanna has “Hold” rating and $121.0 target.

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

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