BHP Billiton PLC (NYSE:BBL) fell 2.1% on Thursday . The stock traded as low as $24.33 and last traded at $24.36, with a volume of 1,621,952 shares trading hands. The stock had previously closed at $24.89.

Several brokerages have recently weighed in on BBL. Beaufort Securities reissued a “hold” rating on shares of BHP Billiton PLC in a research note on Wednesday, June 22nd. Zacks Investment Research raised BHP Billiton PLC from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Tuesday, June 21st. JPMorgan Chase & Co. reissued an “underweight” rating on shares of BHP Billiton PLC in a research note on Tuesday, June 21st. Deutsche Bank AG reissued a “hold” rating on shares of BHP Billiton PLC in a research note on Thursday, June 9th. Finally, Credit Suisse Group AG reissued an “outperform” rating on shares of BHP Billiton PLC in a research note on Friday, May 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $28.00.

The stock has a 50-day moving average of $24.47 and a 200 day moving average of $22.92. The stock’s market cap is $67.59 billion.

Other large investors have recently modified their holdings of the company. Polaris Capital Management LLC raised its stake in shares of BHP Billiton PLC by 50.2% in the fourth quarter. Polaris Capital Management LLC now owns 3,164,648 shares of the mining company’s stock valued at $71,679,000 after buying an additional 1,058,020 shares during the period. Commerzbank Aktiengesellschaft FI raised its stake in shares of BHP Billiton PLC by 993.8% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 296,588 shares of the mining company’s stock valued at $6,718,000 after buying an additional 269,473 shares during the period. Russell Frank Co raised its stake in shares of BHP Billiton PLC by 75.0% in the fourth quarter. Russell Frank Co now owns 562,421 shares of the mining company’s stock valued at $12,833,000 after buying an additional 241,100 shares during the period. UBS Oconnor LLC raised its stake in shares of BHP Billiton PLC by 29.5% in the fourth quarter. UBS Oconnor LLC now owns 843,526 shares of the mining company’s stock valued at $19,106,000 after buying an additional 192,283 shares during the period. Finally, Henderson Group PLC purchased a new stake in shares of BHP Billiton PLC during the fourth quarter valued at about $4,013,000.

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.

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