BHP Billiton PLC (NYSE:BBL)’s share price was down 3% during trading on Friday . The stock traded as low as $27.46 and last traded at $27.52, with a volume of 1,011,301 shares changing hands. The stock had previously closed at $28.37.

Several equities analysts have recently commented on BBL shares. Zacks Investment Research upgraded shares of BHP Billiton PLC from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Friday, April 29th. Deutsche Bank AG reiterated a “hold” rating on shares of BHP Billiton PLC in a report on Monday, July 25th. Finally, Beaufort Securities reiterated a “hold” rating on shares of BHP Billiton PLC in a report on Wednesday, June 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $28.00.

The stock’s 50 day moving average price is $26.04 and its 200-day moving average price is $24.17. The stock’s market capitalization is $73.58 billion.

The company also recently announced a dividend, which will be paid on Tuesday, September 20th. Shareholders of record on Friday, September 2nd will be issued a $0.28 dividend. The ex-dividend date is Wednesday, August 31st.

A hedge fund recently raised its stake in BHP Billiton PLC stock. Advisors Asset Management Inc. boosted its stake in BHP Billiton PLC (NYSE:BBL) by 20.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,518 shares of the mining company’s stock after buying an additional 14,764 shares during the period. Advisors Asset Management Inc.’s holdings in BHP Billiton PLC were worth $1,937,000 as of its most recent SEC filing.

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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