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Saturday, December 9, 2023

LyondellBasell Industries NV (NYSE: LYB) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for LyondellBasell Industries NV (LYB) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.37, or 0.39%, to $94.19. The LyondellBasell Industries NV has recorded 89,853 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that LyondellBasell Receives Supply Chain Excellence Award From SC Johnson.

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Stocks Info

LyondellBasell Industries NV is listed on the NYSE as a member of the Basic Materials sector and is a part of the Specialty Chemicals industry. At the end of the last regular session, the stock closed at $93.82 and fluctuated between $93.95 as its day high and $92.25 as its day low. The current market capitalization of LyondellBasell Industries NV is $30.43B. A total of 1.55 million shares were traded on the day, compared to an average of 1.86M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LYB has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 236 and the disposition of 11,412 shares. Over the last 12 months, there were 61 BUYs and 110 SELLs from insiders. Insiders purchased 222,920 shares during that period but sold 4,427,428.

In the most recent transaction, Kaplan Jeffrey A sold 10,000 shares of LYB for 97.56 per share on Aug 29. After the transaction, the EVP and General Counsel now owns 49,876 company shares. In a previous transaction on Aug 11, AI INVESTMENTS HOLDINGS LLC sold 6,028 shares at 99.61 per share. LYB shares that 10% Owner owns now total 63,837.

Among the insiders who sold shares, AI INVESTMENTS HOLDINGS LLC disposed of 483 shares on Aug 11 at a per-share price of $99.61. This resulted in the 10% Owner holding 765,996 shares of LYB after the transaction. In another insider transaction, CHASE ANTHONY R sold 1 shares at $91.36 per share on Apr 25. Company shares held by the Director now total 5,891.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. LyondellBasell Industries NV pays an annual dividend of $4.86, resulting in a dividend yield of 5.18%, and it has a price to earnings (P/E) ratio of 13.45. LYB’s most recent ex-dividend date was 8/25/2023 when it declared a $1.25 quarterly dividend that was paid in cash on 9/5/2023. Previously, the company paid the dividend on 6/6/2023 with an ex-dividend date of 5/26/2023. The LYB stock dividend was $1.25 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LYB in the last 3 months, the mean price target is $102.14 with high estimates of $116.00 and low estimates of $91.00. In terms of 52-week highs and lows, LYB has a high of $102.04 and a low of $79.20.

As of this writing, LYB has an earnings estimate of $LyondellBasell Industries NV per share for the current quarter. EPS was calculated based on a consensus of Lloyds Banking Group Plc estimates, with a high estimate of $Limbach Holdings, Inc. per share and a lower estimate of $Live Nation Entertainment, Inc.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LYB’s latest balance sheet shows that the firm has $1.48B in Cash & Short Term Investments as of fiscal 2021. There were $13.60B in debt and $7.23B in liabilities at the time. Its Book Value Per Share was $40.71, while its Total Shareholder’s Equity was $11.87B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LYB is Buy with a score of 3.69.

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