BHP Billiton PLC (NYSE:BBL)’s share price hit a new 52-week high on Wednesday . The company traded as high as $39.11 and last traded at $39.05, with a volume of 1,080,359 shares. The stock had previously closed at $38.70.

Several research firms have weighed in on BBL. BidaskClub raised BHP Billiton PLC from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. ValuEngine cut BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. Jefferies Group LLC set a $37.00 target price on BHP Billiton PLC and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Zacks Investment Research raised BHP Billiton PLC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of BHP Billiton PLC in a research note on Monday, May 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $36.00.

The stock’s 50 day moving average is $36.18 and its 200 day moving average is $32.63. The stock has a market capitalization of $102.75 billion, a price-to-earnings ratio of 17.48 and a beta of 1.04.

The company also recently disclosed a None dividend, which will be paid on Tuesday, September 26th. Investors of record on Friday, September 8th will be issued a dividend of $0.86 per share. The ex-dividend date is Thursday, September 7th. This is an increase from BHP Billiton PLC’s previous None dividend of $0.28. This represents a dividend yield of 4.73%.

Large investors have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. bought a new position in BHP Billiton PLC in the first quarter valued at approximately $108,000. Acrospire Investment Management LLC grew its stake in BHP Billiton PLC by 113.6% in the second quarter. Acrospire Investment Management LLC now owns 4,700 shares of the mining company’s stock valued at $145,000 after purchasing an additional 2,500 shares in the last quarter. Cypress Wealth Advisors LLC grew its stake in BHP Billiton PLC by 7.1% in the first quarter. Cypress Wealth Advisors LLC now owns 6,535 shares of the mining company’s stock valued at $237,000 after purchasing an additional 435 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in BHP Billiton PLC by 14.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 7,719 shares of the mining company’s stock valued at $237,000 after purchasing an additional 947 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in BHP Billiton PLC by 27.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,866 shares of the mining company’s stock valued at $245,000 after purchasing an additional 1,678 shares in the last quarter. Institutional investors and hedge funds own 4.12% of the company’s stock.

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About BHP Billiton PLC

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.