RBC Capital Markets restated their sector perform rating on shares of BHP Billiton PLC (NYSE:BBL) in a research report released on Friday morning.

Other equities research analysts have also issued research reports about the stock. Jefferies Group upgraded shares of BHP Billiton PLC from a hold rating to a buy rating and raised their target price for the stock from $28.00 to $33.00 in a report on Tuesday, August 23rd. Zacks Investment Research upgraded shares of BHP Billiton PLC from a hold rating to a buy rating and set a $28.00 target price for the company in a report on Tuesday, June 21st. Deutsche Bank AG restated a hold rating on shares of BHP Billiton PLC in a report on Wednesday, August 10th. Beaufort Securities restated a hold rating on shares of BHP Billiton PLC in a report on Wednesday, June 22nd. Finally, Investec restated a hold rating on shares of BHP Billiton PLC in a report on Friday, August 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. BHP Billiton PLC has a consensus rating of Hold and an average price target of $33.50.

Shares of BHP Billiton PLC (NYSE:BBL) traded up 2.26% during midday trading on Friday, reaching $31.65. 784,410 shares of the company’s stock were exchanged. The company’s market cap is $84.23 billion. BHP Billiton PLC has a 12-month low of $16.36 and a 12-month high of $36.62. The stock’s 50 day moving average price is $28.02 and its 200 day moving average price is $25.73.

The firm also recently announced a dividend, which was paid on Tuesday, September 20th. Shareholders of record on Friday, September 2nd were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, August 31st.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Advisors LLC acquired a new position in BHP Billiton PLC during the second quarter worth approximately $113,000. Northwestern Mutual Wealth Management Co. increased its position in BHP Billiton PLC by 448.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,792 shares of the mining company’s stock worth $122,000 after buying an additional 3,918 shares during the period. Barclays PLC increased its position in BHP Billiton PLC by 289.7% in the second quarter. Barclays PLC now owns 5,846 shares of the mining company’s stock worth $149,000 after buying an additional 4,346 shares during the period. Seven Eight Capital LLC increased its position in BHP Billiton PLC by 859.8% in the first quarter. Seven Eight Capital LLC now owns 8,648 shares of the mining company’s stock worth $197,000 after buying an additional 7,747 shares during the period. Finally, Lebenthal Asset Management LLC acquired a new position in BHP Billiton PLC during the second quarter worth approximately $212,000. 3.52% of the stock is currently owned by institutional investors and hedge funds.

BHP Billiton PLC Company Profile

BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas.

5 Day Chart for NYSE:BBL

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