Shares of BHP Billiton Ltd. (NYSE:BHP) were down 2% on Friday . The company traded as low as $30.28 and last traded at $30.32, with a volume of 1,856,781 shares changing hands. The stock had previously closed at $30.95.

A number of analysts recently weighed in on BHP shares. Nomura Holdings Inc. lowered shares of BHP Billiton from a “buy” rating to a “neutral” rating in a report on Thursday, March 17th. Vetr raised shares of BHP Billiton from a “strong sell” rating to a “buy” rating and set a $27.17 price target for the company in a report on Thursday, March 31st. Zacks Investment Research lowered shares of BHP Billiton from a “hold” rating to a “sell” rating in a report on Tuesday, April 5th. Bank of America Corp. raised shares of BHP Billiton from a “neutral” rating to a “buy” rating in a report on Monday, April 18th. Finally, Investec raised shares of BHP Billiton from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $27.76.

The company’s market cap is $81.16 billion. The company’s 50 day moving average is $28.13 and its 200-day moving average is $26.11.

A number of hedge funds and institutional investors recently modified their holdings of BHP. Sei Investments Co. increased its position in shares of BHP Billiton by 4.5% in the fourth quarter. Sei Investments Co. now owns 278,034 shares of the mining company’s stock worth $7,163,000 after buying an additional 11,879 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its position in shares of BHP Billiton by 1.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 72,367 shares of the mining company’s stock worth $1,864,000 after buying an additional 1,008 shares during the last quarter. Comerica Bank increased its position in shares of BHP Billiton by 4.4% in the fourth quarter. Comerica Bank now owns 86,879 shares of the mining company’s stock worth $1,907,000 after buying an additional 3,701 shares during the last quarter. GAM Holding AG increased its position in shares of BHP Billiton by 39.5% in the fourth quarter. GAM Holding AG now owns 412,567 shares of the mining company’s stock worth $10,628,000 after buying an additional 116,787 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of BHP Billiton by 35.6% in the fourth quarter. Bank of Montreal Can now owns 102,296 shares of the mining company’s stock worth $2,635,000 after buying an additional 26,842 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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