BHP Billiton PLC (NYSE:BBL) – Stock analysts at Jefferies Group lowered their FY2019 EPS estimates for shares of BHP Billiton PLC in a report issued on Tuesday. Jefferies Group analyst C. Lafemina now forecasts that the mining company will post earnings per share of $2.22 for the year, down from their prior estimate of $2.24. Jefferies Group currently has a “Buy” rating and a $37.00 target price on the stock.

A number of other equities research analysts have also commented on the stock. Zacks Investment Research lowered shares of BHP Billiton PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. ValuEngine raised shares of BHP Billiton PLC from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 19th. Citigroup Inc. reaffirmed a “buy” rating on shares of BHP Billiton PLC in a research note on Monday, May 15th. Finally, BidaskClub raised shares of BHP Billiton PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. BHP Billiton PLC has an average rating of “Hold” and a consensus target price of $36.00.

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BHP Billiton PLC (NYSE BBL) opened at 37.19 on Friday. The firm has a 50 day moving average price of $35.07 and a 200 day moving average price of $32.45. BHP Billiton PLC has a 12-month low of $25.61 and a 12-month high of $38.80. The company has a market cap of $99.00 billion, a PE ratio of 16.84 and a beta of 1.05.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BBL. Bank of New York Mellon Corp increased its position in BHP Billiton PLC by 45.4% in the first quarter. Bank of New York Mellon Corp now owns 53,019 shares of the mining company’s stock worth $1,651,000 after buying an additional 16,554 shares during the last quarter. US Bancorp DE increased its position in BHP Billiton PLC by 33.3% in the first quarter. US Bancorp DE now owns 71,897 shares of the mining company’s stock worth $2,240,000 after buying an additional 17,944 shares during the last quarter. Henderson Group PLC increased its position in BHP Billiton PLC by 197.6% in the first quarter. Henderson Group PLC now owns 129,014 shares of the mining company’s stock worth $4,019,000 after buying an additional 85,660 shares during the last quarter. Bbva Compass Bancshares Inc. increased its position in BHP Billiton PLC by 39.0% in the first quarter. Bbva Compass Bancshares Inc. now owns 64,957 shares of the mining company’s stock worth $2,023,000 after buying an additional 18,219 shares during the last quarter. Finally, Genesee Valley Trust Co. increased its position in BHP Billiton PLC by 39.6% in the first quarter. Genesee Valley Trust Co. now owns 11,519 shares of the mining company’s stock worth $358,000 after buying an additional 3,267 shares during the last quarter. Institutional investors own 4.33% of the company’s stock.

The business also recently announced a None dividend, which will be paid on Tuesday, September 26th. Investors of record on Friday, September 8th will be given a dividend of $0.86 per share. This represents a dividend yield of 4.73%. The ex-dividend date of this dividend is Thursday, September 7th. This is an increase from BHP Billiton PLC’s previous None dividend of $0.28.

BHP Billiton PLC Company Profile

BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.

Earnings History and Estimates for BHP Billiton PLC (NYSE:BBL)

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