<div id="readability-page-1"><p>Sequoia Financial Advisors LLC lowered its position in shares of LyondellBasell Industries (NYSE:LYB - Free Report) by 89.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,175 shares of the specialty chemicals company's stock after selling 60,181 shares during the quarter. Sequoia Financial Advisors LLC's holdings in LyondellBasell Industries were worth $686,000 at the end of the most recent quarter.</p><ul><li>Goldman Boosted FMC Stock’s Price Targets, Setting Up a Breakout</li></ul><p>Other large investors also recently bought and sold shares of the company. Chilton Capital Management LLC purchased a new stake in shares of LyondellBasell Industries during the 1st quarter valued at about $27,000. Beacon Capital Management LLC bought a new stake in shares of LyondellBasell Industries during the 1st quarter valued at $28,000. McIlrath &amp; Eck LLC raised its holdings in LyondellBasell Industries by 100.7% in the 4th quarter. McIlrath &amp; Eck LLC now owns 281 shares of the specialty chemicals company's stock worth $27,000 after purchasing an additional 141 shares during the period. Heritage Wealth Advisors bought a new stake in LyondellBasell Industries during the fourth quarter valued at about $27,000. Finally, Gold Investment Management Ltd. bought a new position in LyondellBasell Industries in the 4th quarter worth $28,000. 71.20% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>LYB has been the topic of a number of recent analyst reports. Evercore ISI raised LyondellBasell Industries to a &#34;hold&#34; rating in a report on Monday, August 5th. JPMorgan Chase &amp; Co. lifted their target price on LyondellBasell Industries from $110.00 to $113.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, August 5th. Mizuho boosted their target price on LyondellBasell Industries from $98.00 to $108.00 and gave the company a &#34;neutral&#34; rating in a research report on Monday, April 29th. Barclays raised their price target on LyondellBasell Industries from $100.00 to $104.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Monday, May 6th. Finally, UBS Group cut their price objective on shares of LyondellBasell Industries from $106.00 to $101.00 and set a &#34;neutral&#34; rating on the stock in a research report on Tuesday, July 9th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $107.55.</p><br/><ul><li>FMC stock just set a new ceiling higher, 50% higher indeed</li></ul><p><b>View Our Latest Report on LYB</b></p><h2>LyondellBasell Industries Trading Up 0.9 %</h2><p>NYSE:LYB opened at $96.62 on Wednesday. The company has a market capitalization of $31.46 billion, a P/E ratio of 14.93, a PEG ratio of 1.21 and a beta of 1.09. The company has a current ratio of 2.12, a quick ratio of 1.32 and a debt-to-equity ratio of 0.85. LyondellBasell Industries has a 12 month low of $88.46 and a 12 month high of $107.02. The firm has a fifty day simple moving average of $95.76 and a 200-day simple moving average of $98.18. </p><ul><li>Oil Jumps, 2 Plastic Stocks About To Become Value Plays</li></ul><p>LyondellBasell Industries (NYSE:LYB - Get Free Report) last posted its quarterly earnings results on Friday, August 2nd. The specialty chemicals company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.01. LyondellBasell Industries had a return on equity of 19.31% and a net margin of 5.20%. The business had revenue of $10.56 billion for the quarter, compared to the consensus estimate of $10.44 billion. During the same quarter in the previous year, the business earned $2.44 EPS. The company's quarterly revenue was up 2.4% compared to the same quarter last year. On average, equities research analysts anticipate that LyondellBasell Industries will post 8.3 earnings per share for the current year. </p><h2>LyondellBasell Industries Increases Dividend</h2><p>The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Monday, June 3rd were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 5.55%. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from LyondellBasell Industries's previous quarterly dividend of $1.25. LyondellBasell Industries's dividend payout ratio (DPR) is 82.84%. </p><h2>LyondellBasell Industries Company Profile</h2> (Free Report)<p>LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than LyondellBasell Industries</li><li>What is the Dow Jones Industrial Average (DJIA)?</li><li>Is NVIDIA Stock a Buy Ahead of Earnings?</li><li>How to Invest in Biotech Stocks</li><li>Instacart Stock Gains Momentum with Profits and AI-Powered Carts</li><li>Top Stocks Investing in 5G Technology</li><li>Is PROCEPT BioRobotics the Next Big Thing in Surgical Robotics?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxZQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxZQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. 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<p>Sequoia Financial Advisors LLC has significantly reduced its stake in LyondellBasell Industries (NYSE:LYB) by 89.3% during the second quarter, now holding 7,175 shares after selling 60,181. The company's recent quarterly results showed an EPS of $1.24, surpassing expectations, and a revenue increase of 2.4% year-over-year. LyondellBasell also raised its quarterly dividend to $0.34, reflecting a strong financial position with a current ratio of 2.12 and a debt-to-equity ratio of 0.85.</p>

Sequoia Financial Advisors LLC Reduces Holdings in LyondellBasell Industries (NYSE:LYB)