BHP Billiton (BHP) Upgraded to "Buy" at ValuEngine

What's BHP Billiton plc (BBL) Upside After Forming Multiple Top Pattern?

What's BHP Billiton plc (BBL) Upside After Forming Multiple Top Pattern?

Today, BHP Billiton (NYSE:BHP) stock received an upgrade by Goldman Sachs Group from Sell to Neutral. Hedge funds and other institutional investors own 4.13% of the company's stock. Tocqueville Asset Management L.P. owned 0.07% of BHP Billiton worth $48,330,000 as of its most recent SEC filing. Banque Pictet & Cie SA now owns 37,800 shares of the mining company's stock worth $765,000 after acquiring an additional 24,000 shares during the period. Aperio Group LLC boosted its stake in BHP Billiton by 14.2% in the fourth quarter. Parametric Portfolio Associates LLC now owns 1,329,420 shares of the mining company's stock valued at $53,881,000 after acquiring an additional 146,127 shares during the last quarter. Icon Wealth Partners LLC purchased a new position in shares of BHP Billiton in the 4th quarter worth about $138,000. Eagle Asset Management Inc. now owns 13,999 shares of the mining company's stock worth $658,000 after acquiring an additional 3,952 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in BHP Billiton by 170.3% in the third quarter. The Great Lakes Advisors Llc holds 281,364 shares with $4.81 million value, up from 216,487 last quarter.

Shares of BHP Billiton Limited (NYSE BHP) traded up $0.39 during midday trading on Tuesday, hitting $45.85. 184,874 shares of the company traded hands, compared to its average volume of 3,022,178. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.75 and a quick ratio of 1.40. BHP Billiton plc has a 52-week low of $28.73 and a 52-week high of $45.43.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, March 27th. Shareholders of record on Friday, March 9th will be given a $1.10 dividend. This is a boost from BHP Billiton's previous None dividend of $0.86.

On 2/20/2018 BHP Billiton announced a Semi-Annual dividend of $1.10 4.73% with an ex dividend date of 3/8/2018 which will be payable on 3/27/2018.

Several equities research analysts have weighed in on BHP shares. Pacad Investment Ltd acquired 20,400 shares as Bhp Billiton Plc (BBL)'s stock declined 8.96%. Deutsche Bank lowered BHP Billiton from a "buy" rating to a "hold" rating in a research report on Wednesday, February 21st. The stock has "Hold" rating by Jefferies on Monday, July 10. The stock now has a consensus rating of "Hold" and a consensus target price of $38.97. BHP Billiton Limited (ADR) had 57 analyst reports since July 22, 2015 according to SRatingsIntel.

Among 5 analysts covering Orexigen Therapeutics (NASDAQ:OREX), 2 have Buy rating, 2 Sell and 1 Hold. BHP Billiton now has a consensus rating of "Hold" and a consensus target price of $38.97.

TRADEMARK VIOLATION NOTICE: "BHP Billiton Limited (BHP) Raises Dividend to $1.10 Per Share" was originally published by registrarjournal.com and is owned by of registrarjournal.com. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of US and global trademark and copyright legislation. The correct version of this report can be accessed at https://weekherald.com/2018/03/13/two-sigma-investments-lp-increases-holdings-in-bhp-billiton-limited-bhp.html. Mason Capital Management Llc who had been investing in Bhp Billiton Plc for a number of months, seems to be bullish on the $108.53 billion market cap company.