BHP Billiton PLC (NYSE:BBL) – Analysts at Jefferies Group lowered their FY2018 EPS estimates for shares of BHP Billiton PLC in a report released on Wednesday. Jefferies Group analyst C. Lafemina now expects that the mining company will earn $2.81 per share for the year, down from their previous estimate of $2.87. Jefferies Group currently has a “Hold” rating and a $38.00 target price on the stock. Jefferies Group also issued estimates for BHP Billiton PLC’s FY2019 earnings at $2.72 EPS and FY2020 earnings at $2.90 EPS.

BBL has been the topic of several other research reports. BidaskClub upgraded shares of BHP Billiton PLC from a “strong sell” rating to a “sell” rating in a research report on Friday, June 30th. Zacks Investment Research upgraded shares of BHP Billiton PLC from a “hold” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research report on Thursday, October 12th. Finally, ValuEngine upgraded shares of BHP Billiton PLC from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. BHP Billiton PLC has a consensus rating of “Buy” and an average target price of $40.00.

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Shares of BHP Billiton PLC (NYSE:BBL) traded down 0.68% during mid-day trading on Friday, reaching $36.47. 1,061,213 shares of the company’s stock traded hands. The company’s 50 day moving average is $36.83 and its 200 day moving average is $33.53. BHP Billiton PLC has a 12-month low of $28.73 and a 12-month high of $39.12. The company has a market cap of $97.08 billion, a P/E ratio of 16.52 and a beta of 1.01.

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

Large investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. purchased a new position in shares of BHP Billiton PLC in the first quarter worth about $108,000. Acrospire Investment Management LLC lifted its stake in shares of BHP Billiton PLC by 113.6% in the second quarter. Acrospire Investment Management LLC now owns 4,700 shares of the mining company’s stock worth $145,000 after buying an additional 2,500 shares in the last quarter. Cypress Wealth Advisors LLC lifted its stake in shares of BHP Billiton PLC by 7.1% in the first quarter. Cypress Wealth Advisors LLC now owns 6,535 shares of the mining company’s stock worth $237,000 after buying an additional 435 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of BHP Billiton PLC by 14.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 7,719 shares of the mining company’s stock worth $237,000 after buying an additional 947 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of BHP Billiton PLC by 27.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,866 shares of the mining company’s stock worth $245,000 after buying an additional 1,678 shares in the last quarter. 4.10% of the stock is currently 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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