BHP Billiton PLC (NYSE:BBL)’s share price gapped up prior to trading on Monday . The stock had previously closed at $25.89, but opened at $26.16. BHP Billiton PLC shares last traded at $26.87, with a volume of 1,077,760 shares traded.

BBL has been the topic of several recent research reports. Citigroup Inc. reaffirmed a “neutral” rating on shares of BHP Billiton PLC in a research note on Friday, May 27th. Credit Suisse Group AG reaffirmed an “outperform” rating on shares of BHP Billiton PLC in a research note on Friday, May 27th. Deutsche Bank AG reaffirmed a “hold” rating on shares of BHP Billiton PLC in a research note on Thursday, June 9th. Zacks Investment Research cut shares of BHP Billiton PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 17th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BHP Billiton PLC in a research note on Tuesday, June 21st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $30.50.

The company’s market cap is $71.13 billion. The company’s 50-day moving average price is $26.95 and its 200 day moving average price is $25.17.

The business also recently declared a dividend, which will be paid on Tuesday, September 20th. Investors of record on Friday, September 2nd will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, August 31st.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Portland Investment Counsel Inc. increased its position in shares of BHP Billiton PLC by 0.4% in the second quarter. Portland Investment Counsel Inc. now owns 12,138 shares of the mining company’s stock valued at $308,000 after buying an additional 50 shares during the period. Rhumbline Advisers increased its position in BHP Billiton PLC by 2.5% in the second quarter. Rhumbline Advisers now owns 12,219 shares of the mining company’s stock worth $310,000 after buying an additional 300 shares during the last quarter. Envestnet Asset Management Inc. increased its position in BHP Billiton PLC by 15.1% in the first quarter. Envestnet Asset Management Inc. now owns 9,963 shares of the mining company’s stock worth $226,000 after buying an additional 1,309 shares during the last quarter. JPMorgan Chase & Co. increased its position in BHP Billiton PLC by 16.3% in the second quarter. JPMorgan Chase & Co. now owns 15,587 shares of the mining company’s stock worth $396,000 after buying an additional 2,188 shares during the last quarter. Finally, Royal Bank of Canada increased its position in BHP Billiton PLC by 0.4% in the second quarter. Royal Bank of Canada now owns 527,427 shares of the mining company’s stock worth $13,385,000 after buying an additional 2,243 shares during the last quarter. Institutional investors and hedge funds own 3.81% of the company’s stock.

BHP Billiton PLC Company Profile

BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas.

5 Day Chart for NYSE:BBL

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