BHP Billiton Q4 Total Iron Ore Production Up 8%

Equiniti Group Plc

State Street Corp reported 4.47 million shares. Billionaire Paul Singer's Elliott has called on BHP to review the status of the $22.5 billion oil division and consider a spinoff of us assets, while other investors have pressed the producer to divest its shale operations. Institutional investors own 2.99% of the company's stock. BHP Billiton Ltd., the world's biggest mining company, stated fourth-quarter iron ore output rose 8 percent on capacity additions and supply chain improvements. Narwhal Capital Management now owns 30,190 shares of the mining company's stock worth $1,074,000 after buying an additional 1,000 shares during the last quarter. CENTRAL TRUST Co boosted its stake in shares of BHP Billiton Limited by 1.5% in the second quarter. Proficio Capital Partners LLC grew its ownership by buying 1,727 shares an increase of 122.8% in the quarter. The institutional investor purchased 3,700 shares of the mining company's stock, valued at approximately $133,000.

BHP Billiton Limited's P/E ratio is 42.31 and the market cap of the company is 104.92B. Stonebridge Capital Advisors LLC owns 32,471 shares with a value of $1,179,000.

BHP chief executive officer Andrew McKenzie said the company's people had stepped up to unlock low-priced latent capacity and achieve productivity gains across its tier one assets. The stock's 50-day moving average price is $35.28 and its 200 day moving average price is $37.09.

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BBL has been the topic of a number of recent analyst reports.

BHP Billiton plc (LON:BLT)'s stock had its "not rated" rating reaffirmed by Shore Capital in a research note issued on Wednesday. Zacks Investment Research lowered BHP Billiton Limited from a "hold" rating to a "sell" rating in a research report on Monday, June 12th. Sanford C. Bernstein upgraded BHP Billiton Limited from a "market perform" rating to an "outperform" rating and set a $44.88 target price for the company in a research report on Wednesday, July 5th. Finally, Citigroup Inc. reissued a "buy" rating on shares of BHP Billiton PLC in a report on Tuesday, April 11th. $33.67's average target is -14.61% below currents $39.43 stock price. BHP Billiton plc are listed in the Basic Materials sector within UK Main Market.

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But the trend is set to turn, with BHP forecasting that production of iron ore, copper, coking coal and thermal coal will rise in fiscal 2018.

"Whilst the company expects a turnaround in its key copper unit, driven by Escondida, the weaker outlook for the U.S. onshore division in FY18 will likely be a focus of investor pushback", Royal Bank of Canada analyst Paul Hissey said.

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