Investors Sell Shares of BHP Billiton (BBL) on Strength (BBL)

Investors sold shares of BHP Billiton Ltd. (NYSE:BBL) on strength during trading hours on Tuesday. $15.05 million flowed into the stock on the tick-up and $44.40 million flowed out of the stock on the tick-down, for a money net flow of $29.35 million out of the stock. Of all stocks tracked, BHP Billiton had the 7th highest net out-flow for the day. BHP Billiton traded up $0.49 for the day and closed at $42.84

A number of analysts recently issued reports on BBL shares. Goldman Sachs upgraded shares of BHP Billiton from a “neutral” rating to a “buy” rating in a research note on Monday. Citigroup upgraded shares of BHP Billiton from a “neutral” rating to a “buy” rating in a research note on Friday. Deutsche Bank upgraded shares of BHP Billiton from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Zacks Investment Research upgraded shares of BHP Billiton from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Friday, January 19th. Finally, Jefferies Group restated a “hold” rating and issued a $40.00 price target on shares of BHP Billiton in a research note on Monday, January 8th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $44.00.

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The company has a current ratio of 1.75, a quick ratio of 1.40 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $45,112.32, a PE ratio of 16.93, a price-to-earnings-growth ratio of 2.39 and a beta of 1.21.

The business also recently declared a None dividend, which was paid on Tuesday, March 27th. Investors of record on Friday, March 9th were paid a $1.10 dividend. This represents a dividend yield of 5.31%. The ex-dividend date was Thursday, March 8th. This is a positive change from BHP Billiton’s previous None dividend of $0.86. BHP Billiton’s payout ratio is 77.47%.

Hedge funds have recently added to or reduced their stakes in the business. SevenBridge Financial Group LLC bought a new stake in BHP Billiton during the fourth quarter valued at $105,000. Icon Wealth Partners LLC bought a new stake in BHP Billiton during the fourth quarter valued at $138,000. Premia Global Advisors LLC bought a new stake in BHP Billiton during the fourth quarter valued at $221,000. MML Investors Services LLC bought a new stake in BHP Billiton during the fourth quarter valued at $345,000. Finally, Cubist Systematic Strategies LLC bought a new stake in BHP Billiton during the third quarter valued at $382,000. Hedge funds and other institutional investors own 4.13% of the company’s stock.

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BHP Billiton Company Profile

BHP Billiton Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, thermal energy coal, and oil and gas properties.

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