Visionary Asset Management Holding in Lyondellbasell Industries N (LYB) Has Decreased by $301,070 as Share Value Declined; Hexcel (HXL) Shareholder Kornitzer Capital Management Has Boosted Its Holding

April 21, 2018 - By Marguerite Chambers

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

Visionary Asset Management Inc decreased its stake in Lyondellbasell Industries N (LYB) by 8.46% based on its latest 2017Q4 regulatory filing with the SEC. Visionary Asset Management Inc sold 2,737 shares as the company’s stock declined 5.31% with the market. The institutional investor held 29,634 shares of the major chemicals company at the end of 2017Q4, valued at $3.27 million, down from 32,371 at the end of the previous reported quarter. Visionary Asset Management Inc who had been investing in Lyondellbasell Industries N for a number of months, seems to be less bullish one the $42.39B market cap company. The stock increased 0.07% or $0.08 during the last trading session, reaching $107.68. About 2.67M shares traded or 5.49% up from the average. LyondellBasell Industries N.V. (NYSE:LYB) has risen 17.51% since April 21, 2017 and is uptrending. It has outperformed by 5.96% the S&P500.

Kornitzer Capital Management Inc increased its stake in Hexcel Corp (HXL) by 5.84% based on its latest 2017Q4 regulatory filing with the SEC. Kornitzer Capital Management Inc bought 21,605 shares as the company’s stock rose 3.38% while stock markets declined. The institutional investor held 391,534 shares of the major chemicals company at the end of 2017Q4, valued at $24.22 million, up from 369,929 at the end of the previous reported quarter. Kornitzer Capital Management Inc who had been investing in Hexcel Corp for a number of months, seems to be bullish on the $5.85 billion market cap company. The stock decreased 0.84% or $0.55 during the last trading session, reaching $65.3. About 312,307 shares traded. Hexcel Corporation (NYSE:HXL) has risen 21.76% since April 21, 2017 and is uptrending. It has outperformed by 10.21% the S&P500.

Investors sentiment increased to 1.12 in 2017 Q4. Its up 0.05, from 1.07 in 2017Q3. It increased, as 15 investors sold HXL shares while 114 reduced holdings. 55 funds opened positions while 90 raised stakes. 77.37 million shares or 4.25% less from 80.81 million shares in 2017Q3 were reported. United Capital Fincl Advisers Limited Liability Company invested in 0.02% or 34,405 shares. Albion Fincl Grp Ut holds 0.08% or 8,787 shares. Timessquare Cap Mgmt Limited Company holds 0.4% or 990,500 shares. Virginia Retirement Et Al stated it has 28,600 shares or 0.02% of all its holdings. Illinois-based Advisory has invested 0.02% in Hexcel Corporation (NYSE:HXL). Fiduciary Trust Communication has 22,800 shares for 0.04% of their portfolio. Foundry Prns Lc invested in 23,061 shares. Moreover, Clear Harbor Asset Mgmt Limited Liability Company has 0.37% invested in Hexcel Corporation (NYSE:HXL). Capital Invsts holds 0.03% or 401,154 shares in its portfolio. Hsbc Hldgs Pcl has 138,175 shares. Graybill Bartz Assocs Limited reported 2.73% stake. Gradient Invests Ltd Liability Company holds 600 shares or 0% of its portfolio. Amer Century Cos Inc owns 199,770 shares. Nelson Roberts Inv Advsr Ltd Liability Company stated it has 87,705 shares or 1.69% of all its holdings. Massmutual Tru Com Fsb Adv invested in 400 shares or 0% of the stock.

Among 17 analysts covering Hexcel (NYSE:HXL), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Hexcel had 44 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Hexcel Corporation (NYSE:HXL) earned “Buy” rating by BB&T Capital on Thursday, December 10. Jefferies maintained Hexcel Corporation (NYSE:HXL) on Friday, July 7 with “Hold” rating. The firm has “Hold” rating by Canaccord Genuity given on Thursday, June 8. On Monday, January 25 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock has “Buy” rating by Cowen & Co on Friday, August 18. The firm has “Buy” rating by Cowen & Co given on Monday, July 24. On Monday, August 28 the stock rating was maintained by Jefferies with “Hold”. On Thursday, January 25 the stock rating was maintained by Stephens with “Buy”. As per Monday, January 22, the company rating was maintained by Cowen & Co. The stock of Hexcel Corporation (NYSE:HXL) earned “Hold” rating by Jefferies on Friday, September 29.

Since October 23, 2017, it had 0 insider buys, and 4 sales for $4.86 million activity. Stanage Nick L sold $1.12 million worth of stock.

Kornitzer Capital Management Inc, which manages about $11.35B and $5.88 billion US Long portfolio, decreased its stake in J P Morgan Chase (NYSE:JPM) by 6,076 shares to 61,369 shares, valued at $6.56M in 2017Q4, according to the filing. It also reduced its holding in Colliers Intl Group Inc by 26,710 shares in the quarter, leaving it with 112,307 shares, and cut its stake in Costco Wholesale (NASDAQ:COST).

Analysts await LyondellBasell Industries N.V. (NYSE:LYB) to report earnings on April, 27 before the open. They expect $2.80 earnings per share, up 23.89% or $0.54 from last year’s $2.26 per share. LYB’s profit will be $1.10B for 9.61 P/E if the $2.80 EPS becomes a reality. After $2.73 actual earnings per share reported by LyondellBasell Industries N.V. for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.07, from 0.84 in 2017Q3. It increased, 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. Moneta Gp Inv Limited Liability invested in 103 shares. Liberty Mutual Group Asset Mngmt stated it has 0.04% in LyondellBasell Industries N.V. (NYSE:LYB). Meeder Asset Management Inc owns 0.5% invested in LyondellBasell Industries N.V. (NYSE:LYB) for 52,986 shares. Paragon Cap Management has 2,884 shares for 0.13% of their portfolio. Pennsylvania-based Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has invested 0.04% in LyondellBasell Industries N.V. (NYSE:LYB). Point72 Asia (Hong Kong) owns 1,072 shares. Greystone Managed Invests holds 0.1% or 22,751 shares. Tower Limited (Trc), a New York-based fund reported 2,324 shares. 22,600 were accumulated by Art Advsr Ltd Liability Corporation. 5.62M were accumulated by Wellington Mgmt Grp Inc Llp. Zacks Invest owns 334,302 shares or 0.8% of their US portfolio. Envestnet Asset Management, Illinois-based fund reported 256,234 shares. Virtus Invest Advisers stated it has 1.11% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB). Clarivest Asset Mngmt Ltd Liability reported 434,715 shares. Piedmont Advsrs Ltd Liability Company invested in 0.34% or 152,626 shares.

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

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