LyondellBasell (LYB) Hit By Standpoint Research Downgrade; Newtyn Management Has Upped Its Time Warner (Call) (TWX) Holding

May 22, 2018 - By Marguerite Chambers

LyondellBasell Industries N.V. (NYSE:LYB) Logo

Newtyn Management Llc increased Time Warner Inc (Call) (TWX) stake by 19.4% reported in 2017Q4 SEC filing. Newtyn Management Llc acquired 52,000 shares as Time Warner Inc (Call) (TWX)’s stock rose 1.97%. The Newtyn Management Llc holds 320,000 shares with $29.27 million value, up from 268,000 last quarter. Time Warner Inc (Call) now has $74.12B valuation. The stock increased 0.31% or $0.29 during the last trading session, reaching $94.74. About 3.48 million shares traded. Time Warner Inc. (NYSE:TWX) has declined 3.25% since May 22, 2017 and is downtrending. It has underperformed by 14.80% the S&P500.

Standpoint Research downgraded LyondellBasell (NYSE:LYB)‘s stock to a “Hold” rating. The ratings change was released in a analysts note today.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Seekingalpha.com which released: “AT&T opposes divestitures in TWX deal” on May 04, 2018, also 247Wallst.com with their article: “6 Most Important Things in Business Today” published on May 04, 2018, Investorplace.com published: “4 High Dividend Stocks in the S&P 500 to Buy for Income” on May 21, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Investorplace.com and their article: “Netflix, Inc. (NFLX) New Same-Sex Comedy Film to Star Jennifer Aniston” published on May 21, 2018 as well as Benzinga.com‘s news article titled: “Jefferies: The Fate Of Fox Depends On The AT&T-Time Warner Merger Trial” with publication date: May 08, 2018.

Since December 14, 2017, it had 0 insider buys, and 3 insider sales for $2.88 million activity. BARR WILLIAM P also sold $390,647 worth of Time Warner Inc. (NYSE:TWX) shares. 23,450 shares valued at $2.11M were sold by OLAFSSON OLAF on Thursday, December 14. WRIGHT DEBORAH C sold $376,219 worth of stock or 4,019 shares.

Newtyn Management Llc decreased Liberty Global Plc stake by 190,000 shares to 900,000 valued at $17.90M in 2017Q4. It also reduced Adient Plc stake by 23,980 shares and now owns 1.25 million shares. Spirit Aerosystems Hldgs Inc (NYSE:SPR) was reduced too.

Among 41 analysts covering Time Warner Inc. (NYSE:TWX), 18 have Buy rating, 0 Sell and 23 Hold. Therefore 44% are positive. Time Warner Inc. had 126 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, November 17 by Moffett Nathanson. The firm has “” rating by MoffettNathanson given on Friday, August 7. FBR Capital maintained Time Warner Inc. (NYSE:TWX) on Thursday, November 5 with “Outperform” rating. Jefferies downgraded the stock to “Hold” rating in Thursday, August 3 report. The stock of Time Warner Inc. (NYSE:TWX) has “Equal-Weight” rating given on Friday, August 14 by Barclays Capital. As per Friday, November 13, the company rating was maintained by Barclays Capital. RBC Capital Markets maintained the shares of TWX in report on Tuesday, October 13 with “Outperform” rating. On Monday, August 24 the stock rating was maintained by Cowen & Co with “Market Perform”. The stock of Time Warner Inc. (NYSE:TWX) earned “Buy” rating by Guggenheim on Thursday, February 1. Credit Suisse downgraded Time Warner Inc. (NYSE:TWX) on Monday, October 24 to “Neutral” rating.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.15, from 0.76 in 2017Q3. It improved, as 64 investors sold TWX shares while 363 reduced holdings. 122 funds opened positions while 265 raised stakes. 598.25 million shares or 1.97% more from 586.69 million shares in 2017Q3 were reported. Pictet Asset Mngmt Ltd, a United Kingdom-based fund reported 592,308 shares. Solaris Asset Mgmt Ltd Liability Company stated it has 36,565 shares or 1.9% of all its holdings. Roosevelt Grp Inc reported 28,823 shares. Old National Comml Bank In reported 7,014 shares. British Columbia Inv Management holds 0.33% of its portfolio in Time Warner Inc. (NYSE:TWX) for 505,079 shares. Columbia Asset Mngmt invested in 28,552 shares or 0.75% of the stock. Deroy Devereaux Private Invest Counsel holds 1.25% of its portfolio in Time Warner Inc. (NYSE:TWX) for 129,825 shares. Andra Ap owns 121,895 shares. Invesco Limited holds 0.1% or 2.94 million shares in its portfolio. 5,000 are held by Hutchin Hill Capital L P. 8,040 were accumulated by Ironsides Asset Ltd Company. Brown Brothers Harriman & Com owns 2,608 shares. Dupont Management accumulated 43,333 shares. First Republic Inv Management has 32,616 shares for 0.02% of their portfolio. Cohen And Steers stated it has 331,182 shares or 0.08% of all its holdings.

More news for LyondellBasell Industries N.V. (NYSE:LYB) were recently published by: Prnewswire.com, which released: “LyondellBasell Bayport Complex Receives Prestigious Safety Award” on May 21, 2018. Streetinsider.com‘s article titled: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” and published on May 15, 2018 is yet another important article.

Analysts await LyondellBasell Industries N.V. (NYSE:LYB) to report earnings on July, 27. They expect $2.94 EPS, up 4.26% or $0.12 from last year’s $2.82 per share. LYB’s profit will be $1.15B for 9.99 P/E if the $2.94 EPS becomes a reality. After $3.11 actual EPS reported by LyondellBasell Industries N.V. for the previous quarter, Wall Street now forecasts -5.47% negative EPS growth.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.07, from 0.84 in 2017Q3. It improved, as 51 investors sold LyondellBasell Industries N.V. 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. Credit Agricole S A invested in 0.03% or 3,600 shares. Profund Advsr Limited Liability Com, a Maryland-based fund reported 33,190 shares. Hays Advisory Ltd Co holds 0.09% or 2,379 shares. Kbc Gp Nv reported 266,352 shares stake. Arrow holds 100 shares or 0% of its portfolio. Toronto Dominion Savings Bank owns 140,715 shares or 0.05% of their US portfolio. First Midwest Retail Bank Trust Division stated it has 17,540 shares or 0.24% of all its holdings. Sit Inv Assoc Incorporated reported 130,955 shares. Smith Asset Management Group Limited Partnership holds 0.23% or 67,440 shares. 833 were accumulated by Whittier Tru Com Of Nevada Inc. Todd Asset Mgmt Limited Liability Corporation invested in 0.54% or 181,781 shares. Great West Life Assurance Can accumulated 0.17% or 653,835 shares. Advisors Preferred Ltd Liability has invested 0.01% in LyondellBasell Industries N.V. (NYSE:LYB). Artemis Invest Mngmt Ltd Liability Partnership has 415,896 shares. Oppenheimer & holds 19,991 shares.

The stock increased 1.13% or $1.31 during the last trading session, reaching $117.53. About 1.77M shares traded. LyondellBasell Industries N.V. (NYSE:LYB) has risen 17.51% since May 22, 2017 and is uptrending. It has outperformed by 5.96% the S&P500.

LyondellBasell Industries N.V. operates as a maker of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers worldwide. The company has market cap of $46.08 billion. The firm operates in five divisions: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology. It has a 9.61 P/E ratio. It produces and markets olefins, including ethylene, propylene, and butadiene; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; polyolefins, such as polyethylene and polypropylene ; and PP homopolymers, copolymers, and compounds.

Among 26 analysts covering LyondellBasell (NYSE:LYB), 11 have Buy rating, 3 Sell and 12 Hold. Therefore 42% are positive. LyondellBasell has $14000 highest and $80 lowest target. $111.53’s average target is -5.11% below currents $117.53 stock price. LyondellBasell had 81 analyst reports since September 1, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of LYB in report on Sunday, July 30 with “Hold” rating. The firm earned “Neutral” rating on Tuesday, September 26 by Nomura. The company was downgraded on Thursday, June 23 by JP Morgan. As per Tuesday, October 31, the company rating was maintained by Barclays Capital. The firm has “Neutral” rating given on Wednesday, April 27 by Nomura. The stock of LyondellBasell Industries N.V. (NYSE:LYB) has “Neutral” rating given on Monday, July 11 by Nomura. The firm has “Market Perform” rating given on Thursday, December 29 by Cowen & Co. Cowen & Co maintained the stock with “Hold” rating in Tuesday, October 3 report. The firm has “Hold” rating by Susquehanna given on Sunday, March 18. Tudor Pickering initiated the stock with “Buy” rating in Friday, October 14 report.

Time Warner Inc. (NYSE:TWX) Institutional Positions Chart

Echostar Corporation-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 FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>