BHP Billiton PLC (NYSE:BBL) – Research analysts at Jefferies Group increased their FY2018 EPS estimates for BHP Billiton PLC in a research note issued to investors on Thursday. Jefferies Group analyst C. Lafemina now forecasts that the mining company will earn $2.87 per share for the year, up from their previous estimate of $2.46. Jefferies Group currently has a “Hold” rating and a $38.00 target price on the stock.

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Several other equities analysts also recently commented on the company. Zacks Investment Research upgraded BHP Billiton PLC from a “hold” rating to a “strong-buy” rating and set a $42.00 target price for the company in a research report on Thursday, October 12th. BidaskClub upgraded BHP Billiton PLC from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. Finally, ValuEngine downgraded BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $40.00.

Shares of BHP Billiton PLC (NYSE BBL) traded down 0.72% during mid-day trading on Monday, reaching $37.49. The company’s stock had a trading volume of 881,398 shares. BHP Billiton PLC has a 12 month low of $28.73 and a 12 month high of $39.12. The firm has a market cap of $99.79 billion, a PE ratio of 16.98 and a beta of 1.01. The company has a 50-day moving average of $36.85 and a 200-day moving average of $33.39.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new position in shares of BHP Billiton PLC during the first quarter worth about $108,000. Acrospire Investment Management LLC raised its position 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 worth $145,000 after acquiring an additional 2,500 shares during the last quarter. Cypress Wealth Advisors LLC raised its position 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 worth $237,000 after acquiring an additional 435 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position 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 worth $237,000 after acquiring an additional 947 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position 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 worth $245,000 after acquiring an additional 1,678 shares during the last quarter. Institutional investors own 4.10% of the company’s stock.

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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