Next Century Growth Investors LLC Maintains Stake in BHP Billiton Limited (BHP)

Next Century Growth Investors LLC continued to hold its position in shares of BHP Billiton Limited (NYSE:BHP) during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 14,187 shares of the mining company’s stock at the end of the first quarter. Next Century Growth Investors LLC’s holdings in BHP Billiton Limited were worth $515,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC increased its stake in shares of BHP Billiton Limited by 110.4% in the first quarter. Geode Capital Management LLC now owns 21,358 shares of the mining company’s stock valued at $774,000 after buying an additional 11,205 shares during the period. Bluestein R H & Co. increased its stake in shares of BHP Billiton Limited by 50.0% in the first quarter. Bluestein R H & Co. now owns 15,000 shares of the mining company’s stock valued at $545,000 after buying an additional 5,000 shares during the period. Banque Pictet & Cie SA bought a new stake in shares of BHP Billiton Limited during the first quarter valued at approximately $253,000. Fifth Third Bancorp increased its stake in BHP Billiton Limited by 14.6% in the first quarter. Fifth Third Bancorp now owns 3,345 shares of the mining company’s stock worth $121,000 after buying an additional 426 shares during the period. Finally, Pictet North America Advisors SA acquired a new stake in BHP Billiton Limited during the first quarter worth about $253,000. 2.99% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for BHP Billiton Limited (NYSE:BHP)

BHP Billiton Limited (NYSE:BHP) traded down 3.49% during trading on Tuesday, hitting $33.69. The company’s stock had a trading volume of 5,120,353 shares. The firm has a market cap of $89.65 billion, a P/E ratio of 36.15 and a beta of 1.12. BHP Billiton Limited has a 12 month low of $25.75 and a 12 month high of $41.79. The firm has a 50 day moving average of $35.35 and a 200 day moving average of $37.31.

ILLEGAL ACTIVITY WARNING: “Next Century Growth Investors LLC Maintains Stake in BHP Billiton Limited (BHP)” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://sportsperspectives.com/2017/06/20/next-century-growth-investors-llc-maintains-position-in-bhp-billiton-limited-bhp-updated.html.

BHP has been the topic of a number of recent research reports. Citigroup Inc. upgraded shares of BHP Billiton Limited from a “neutral” rating to a “buy” rating in a report on Wednesday, April 26th. HSBC Holdings plc raised shares of BHP Billiton Limited from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $41.79 to $25.75 in a research report on Wednesday, April 19th. Investec raised shares of BHP Billiton Limited from a “hold” rating to a “buy” rating in a research report on Friday, March 17th. Credit Suisse Group reissued a “hold” rating on shares of BHP Billiton Limited in a research report on Thursday, February 23rd. Finally, Jefferies Group LLC cut shares of BHP Billiton Limited from a “buy” rating to a “hold” rating and set a $32.00 target price for the company. in a research report on Thursday, June 8th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $35.13.

About BHP Billiton Limited

BHP Billiton Limited 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.

Receive News & Ratings for BHP Billiton Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Billiton Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply