Shares last traded at $38.47 marginally over $35.28, the stock’s 50 day moving average and which is just a bit higher than the 200 day moving average of $37.09. The 50 day moving average was up $3.19 and the 200 day average was up $1.38. 2,886K shares changed hands by the end of trading on Thursday. Volume was down 23.55% under the stocks average daily volume.
These firms have also modified their investment in BHP. As of quarter end Stonebridge Capital Advisors LLC had sold a total of 980 shares trimming its holdings by 2.9%. The value of the investment in BHP Billiton Limited went from $1,197,000 to $1,179,000 a change of 1.5% since the last quarter. Proficio Capital Partners LLC added to its position by buying 1,727 shares an increase of 122.8%. Proficio Capital Partners LLC currently owns 3,133 shares with a value of $114,000. The value of the position overall is up by 128.0%.
Fny Partners Fund Lp divested its stake by selling 29,950 shares a decrease of 99.8% as of 03/31/2017. Fny Partners Fund Lp owns 50 shares worth $1,000. The total value of its holdings decreased 99.9%. Morgan Stanley trimmed its investment by selling 36,891 shares a decrease of 100.0% from 12/31/2016 to 03/31/2017. Morgan Stanley controls 0 shares valued at $0. The total value of its holdings decreased 100.0%.
On July 5, 2017 the stock rating was changed to a “Outperform” according to a Bernstein report a boost from the previous “” rating. On December 7 the company was set at “Neutral” in a report from Credit Suisse which is down from the previous “Outperform” rating.
On December 5 the company was rated “Buy” by Citigroup which was a boost from the previous “Sell” rating. Equity analyst HSBC starting coverage on the stock with an initial rating of “Hold”.
On October 12, 2016 the stock rating was set at “Sell” in a report from Citigroup down from the previous “Buy” rating. On October 11 the company was downgraded to “Neutral” from “” by UBS.
In the market the company is trading up since yesterday’s close of $38.17. BHP Billiton Limited declared a dividend that was paid on Tuesday the 28th of March 2017. The dividend payment was $0.270 per share for the quarter or $1.08 on an annualized basis. The dividend yield was $2.87. The ex-dividend date was set for Wednesday the 8th of March 2017.
The company’s P/E ratio is 41.28 and the market cap is 102.37B.
BHP Billiton Limited, launched on August 13, 1885, is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. The Business’s segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is involved in the exploration, development and production of oil and gas. The Copper segment is involved in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is involved in mining of iron ore. The Coal segment is involved in mining of metallurgical coal and thermal (energy) coal. The Company extracts and processes minerals, oil and gas from its production operations located primarily in Australia and the Americas. It manages product distribution through its global logistics chain, including freight and pipeline transportation. The Company sells its products through direct supply agreements with its customers and on global commodity exchanges. Its businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing..