BHP Billiton Ltd. (NYSE:BHP)’s share price was up 5.6% on Friday . The stock traded as high as $29.36 and last traded at $29.34, with a volume of 5,296,139 shares traded. The stock had previously closed at $27.78.

Several equities analysts have recently weighed in on BHP shares. Vetr upgraded shares of BHP Billiton from a “buy” rating to a “strong-buy” rating and set a $29.60 target price for the company in a research note on Tuesday, April 12th. Zacks Investment Research downgraded shares of BHP Billiton from a “hold” rating to a “sell” rating in a research note on Tuesday, April 5th. Bank of America Corp. upgraded shares of BHP Billiton from a “neutral” rating to a “buy” rating in a research note on Monday, April 18th. Morgan Stanley reiterated an “overweight” rating on shares of BHP Billiton in a research note on Tuesday, March 15th. Finally, Nomura Holdings Inc. downgraded shares of BHP Billiton from a “buy” rating to a “neutral” rating in a research note on Thursday, March 17th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. BHP Billiton has a consensus rating of “Hold” and an average target price of $27.76.

The company’s market capitalization is $78.07 billion. The stock’s 50 day moving average is $27.74 and its 200 day moving average is $25.97.

A number of institutional investors recently bought and sold shares of the stock. Commerzbank Aktiengesellschaft FI boosted its position in BHP Billiton by 1.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 72,367 shares of the mining company’s stock valued at $1,864,000 after buying an additional 1,008 shares in the last quarter. Comerica Bank raised its stake in BHP Billiton by 4.4% in the fourth quarter. Comerica Bank now owns 86,879 shares of the mining company’s stock valued at $1,907,000 after buying an additional 3,701 shares during the last quarter. Bank of Montreal Can raised its stake in BHP Billiton by 35.6% in the fourth quarter. Bank of Montreal Can now owns 102,296 shares of the mining company’s stock valued at $2,635,000 after buying an additional 26,842 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in BHP Billiton by 144.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 106,920 shares of the mining company’s stock valued at $2,754,000 after buying an additional 63,192 shares during the last quarter. Finally, Sei Investments Co. raised its stake in BHP Billiton by 4.5% in the fourth quarter. Sei Investments Co. now owns 278,034 shares of the mining company’s stock valued at $7,163,000 after buying an additional 11,879 shares during the last quarter.

BHP Billiton Limited is a global resources company. The Company is engaged in exploration, development, production, processing and marketing of minerals, such as iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash. It is also engaged in exploration, development, production and marketing of conventional and unconventional oil and gas.

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