BHP Billiton plc (BLT) Trading Down 2.1%

BHP Billiton plc (LON:BLT)’s share price traded down 2.1% during mid-day trading on Wednesday . The company traded as low as GBX 1,366.50 ($17.97) and last traded at GBX 1,366.50 ($17.97). 7,323,813 shares were traded during mid-day trading, a decline of 14% from the average session volume of 8,516,840 shares. The stock had previously closed at GBX 1,396.50 ($18.36).

A number of equities analysts have recently issued reports on the stock. UBS AG set a GBX 1,375 ($18.08) price objective on shares of BHP Billiton plc and gave the company a “buy” rating in a research note on Thursday, July 6th. Macquarie set a GBX 1,460 ($19.20) price objective on shares of BHP Billiton plc and gave the company a “buy” rating in a research note on Wednesday, June 21st. Liberum Capital restated a “sell” rating and issued a GBX 800 ($10.52) price objective on shares of BHP Billiton plc in a research note on Wednesday, July 19th. Independent Research GmbH set a GBX 1,350 ($17.75) price objective on shares of BHP Billiton plc and gave the company a “neutral” rating in a research note on Thursday, July 20th. Finally, HSBC Holdings plc restated a “hold” rating and issued a GBX 1,320 ($17.35) price objective on shares of BHP Billiton plc in a research note on Friday, August 18th. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 1,326.36 ($17.44).

The company also recently disclosed a dividend, which was paid on Tuesday, September 26th. Stockholders of record on Thursday, September 7th were paid a $0.43 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a dividend yield of 2.37%. This is an increase from BHP Billiton plc’s previous dividend of $0.40.

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BHP Billiton plc Company Profile

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.

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