BHP Billiton PLC (NYSE:BBL) – Jefferies Group boosted their FY2018 earnings per share estimates for shares of BHP Billiton PLC in a note issued to investors on Thursday. Jefferies Group analyst C. Lafemina now anticipates that the mining company will post earnings of $2.46 per share for the year, up from their prior estimate of $2.24. Jefferies Group has a “Buy” rating and a $37.00 price target on the stock. Jefferies Group also issued estimates for BHP Billiton PLC’s FY2020 earnings at $2.74 EPS.

BBL has been the subject of a number of other research reports. Zacks Investment Research lowered BHP Billiton PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. ValuEngine raised BHP Billiton PLC from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 19th. Citigroup Inc. reissued a “buy” rating on shares of BHP Billiton PLC in a research note on Monday, May 15th. Finally, BidaskClub raised 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 company. The stock presently has a consensus rating of “Hold” and a consensus target price of $36.00.

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BHP Billiton PLC (NYSE BBL) traded up 0.67% during midday trading on Monday, reaching $38.96. 600,271 shares of the company traded hands. BHP Billiton PLC has a one year low of $25.61 and a one year high of $39.07. The stock’s 50 day moving average is $35.93 and its 200 day moving average is $32.54. The company has a market capitalization of $103.71 billion, a price-to-earnings ratio of 17.64 and a beta of 1.04.

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

Large investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new stake in shares of BHP Billiton PLC during the first quarter valued at approximately $108,000. Acrospire Investment Management LLC raised its holdings in shares of BHP Billiton PLC by 113.6% during the second quarter. Acrospire Investment Management LLC now owns 4,700 shares of the mining company’s stock valued at $145,000 after acquiring an additional 2,500 shares in the last quarter. Cypress Wealth Advisors LLC raised its holdings in shares of BHP Billiton PLC by 7.1% during the first quarter. Cypress Wealth Advisors LLC now owns 6,535 shares of the mining company’s stock valued at $237,000 after acquiring an additional 435 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of BHP Billiton PLC by 14.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 7,719 shares of the mining company’s stock valued at $237,000 after acquiring an additional 947 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of BHP Billiton PLC by 27.1% during the first quarter. PNC Financial Services Group Inc. now owns 7,866 shares of the mining company’s stock valued at $245,000 after acquiring an additional 1,678 shares in the last quarter. 4.12% of the stock is owned by hedge funds and other institutional investors.

About BHP Billiton PLC

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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