Company shares last traded at $33.32 which is just over $30.48, the stock’s 50 day moving average and marginally over the 200 day moving average of $32.25. The 50 day moving average went up by +9.33% and the 200 day average moved up $1.07. BHP Billiton plc Sponsored ADR shares had a trading volume of 1,466K by the end of trading on Thursday. Shares saw a steep decrease in trading volume of 42.69% under the normal average daily volume.
Here are some other firms who have updated their holdings. Proficio Capital Partners LLC expanded its investment by buying 1,234 shares an increase of 78.4% in the quarter. Proficio Capital Partners LLC now controls 2,807 shares worth $88,000. The value of the position overall is up by 79.6%. As of quarter end Morgan Stanley had disposed of 547 shares trimming its position 100.0%. The value of the investment in BHP Billiton plc Sponsored ADR decreased from $17,000 to $0 a change of 100.0% quarter over quarter.
Tower Research Capital LLC (trc) reduced its ownership by shedding 1,515 shares a decrease of 72.9%. Tower Research Capital LLC (trc) currently owns 564 shares with a value of $18,000. The total value of its holdings decreased 72.3%. Goldman Sachs Group Inc bolstered its holdings by buying 6,471 shares an increase of 2.0% from 12/31/2016 to 03/31/2017. Goldman Sachs Group Inc now holds 327,721 shares valued at $10,209,000. The value of the position overall is up by 1.0%.
Equity analyst Jefferies lowered the price target and upgraded the stock on August 23 changing the price objective from $47.00 to $33.00 and raising the rating from “Hold” to “Buy”. On August 23 the stock rating was upgraded to “Buy” from “Hold” and a price target of $33.00 was set in a report issued by Jefferies.
On March 10 Jefferies kept the company rating at “Hold” but raised the price expectation to $47.00 from $40.00. January 9 investment analysts at Jefferies held the stock rating at “Hold” but lowered the price target from $53.00 to $40.00.
Jefferies both downgraded the stock and lowered the price target on October 21 changing the price target from $73.00 to $53.00 and altering the rating from “Buy” to “Hold”. On October 21 the company was downgraded from “Buy” to “Hold” with a current price target of $53.00 in an announcement from Jefferies.
In the market the company is trading up by 1.00 percent from yesterday’s close. Additionally the company announced a dividend for shareholders paid on Tuesday the 28th of March 2017. The dividend was $0.270 per share for the quarter or $1.08 on an annualized basis. The dividend yield was $3.31. The ex-dividend date was set for Wednesday the 8th of March 2017.
BHP Billiton plc Sponsored ADR currently has a P/E ratio of 35.75 and market cap is 88.66B.
BHP Billiton Plc, launched on May 9, 1996, 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. BHP Billiton Plc is a member of the BHP Billiton Group..