BHP Q1 iron ore output hurt by mine fire, guidance intact

BHP Q1 iron ore output hurt by mine fire, guidance intact

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Main Street Research LLC isn't the only one who has changed their investment in BHP. Huntington National Bank grew its stake in shares of BHP Billiton Limited by 25.3% in the 2nd quarter.

BHP Billiton announced in a statement this morning that its iron ore output had declined by three percent to 56 metric tonnes in the quarter ended September 30, with the impact of planned maintenance and lower opening stockpile levels, following the fire at the Mt Whaleback screening plant offsetting improved mine productivity and record volumes at the Jimblebar operation. Fifth Third Bancorp increased its position in shares of BHP Billiton Limited by 14.6% in the first quarter. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company. Canandaigua National Bank & Trust Co expanded its ownership by buying 2,111 shares an increase of 6.2% in the quarter. The fund owned 1,736,030 shares of the mining company's stock after purchasing an additional 20,581 shares during the period. The last close places the company's stock about $0.53 off its 52 week high of $10.36 and $2.18 above the 52 week low of $7.65.

Narwhal Capital Management cut its holdings by selling 250 shares a decrease of 0.8%. Additionally the company recently declared a dividend for shareholders that was paid on Tuesday the 26th of September 2017. The Price to Book ratio for BHP Billiton Limited ASX:BHP is 1.895397.

Company shares are trading at $42.65 a tad above $42.15, the stock's 50 day moving average and which is significantly higher than the 200 day moving average of $38.45. V Wealth Management LLC purchased a new position in shares of BHP Billiton Limited in the second quarter worth approximately $133,000.

The P/E ratio is 17.01 and the market value is 99.95B.

Looking at some ROIC (Return on Invested Capital) numbers, BHP Billiton Limited (ASX:BHP)'s ROIC is 0.107168.

BHP has released its September 2017 quarterly report and it shows positive growth across most of the company's operations. This represents a dividend yield of 2.37%. BidaskClub upgraded BHP Billiton PLC from a "strong sell" rating to a "sell" rating in a report on Friday, June 30th. Bhp Billiton Plc (BHPBF) now has a 14-day Commodity Channel Index (CCI) of 85.41.

BHP Billiton Limited (BHP) now has a Return on Assets (ROA) value of 5 Percent. Investors may find themselves in the same predicament when markets are heading higher and every stock seems to be a victor.

Petroleum production slipped 8 per cent to 50 million barrels of oil equivalent, reflecting natural field decline and the impact of Hurricane Harvey on United States petroleum assets.

The group also reported a 2% fall in coal volumes and an 8% decline in petroleum volumes which reflected the impact of Hurricane Harvey in the USA, but copper volumes increased by 14%.

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