BHP Billiton PLC (BBL) Shares Bought by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC grew its holdings in shares of BHP Billiton PLC (NYSE:BBL) by 66.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 370,479 shares of the mining company’s stock after purchasing an additional 148,550 shares during the period. Parametric Portfolio Associates LLC’s holdings in BHP Billiton PLC were worth $11,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Cambiar Investors LLC increased its holdings in shares of BHP Billiton PLC by 8.1% during the second quarter. Cambiar Investors LLC now owns 5,201,209 shares of the mining company’s stock valued at $159,989,000 after purchasing an additional 390,962 shares during the period. Morgan Stanley increased its holdings in shares of BHP Billiton PLC by 33.9% during the first quarter. Morgan Stanley now owns 2,496,519 shares of the mining company’s stock valued at $77,767,000 after purchasing an additional 631,725 shares during the period. Thompson Siegel & Walmsley LLC increased its holdings in shares of BHP Billiton PLC by 4.1% during the second quarter. Thompson Siegel & Walmsley LLC now owns 1,650,702 shares of the mining company’s stock valued at $50,776,000 after purchasing an additional 65,700 shares during the period. Bank of America Corp DE increased its holdings in shares of BHP Billiton PLC by 53.3% during the first quarter. Bank of America Corp DE now owns 1,603,372 shares of the mining company’s stock valued at $49,944,000 after purchasing an additional 557,149 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of BHP Billiton PLC by 20.9% during the second quarter. Northern Trust Corp now owns 1,532,668 shares of the mining company’s stock valued at $47,145,000 after purchasing an additional 265,186 shares during the period. 4.12% of the stock is currently owned by institutional investors.

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A number of research analysts have recently commented on BBL shares. BidaskClub raised BHP Billiton PLC from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. ValuEngine lowered BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 24th. Jefferies Group LLC set a $37.00 price target on BHP Billiton PLC and gave the company a “buy” rating in a report on Wednesday, August 23rd. Finally, Zacks Investment Research raised BHP Billiton PLC from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $38.00.

BHP Billiton PLC (NYSE BBL) opened at 36.16 on Thursday. BHP Billiton PLC has a 12-month low of $28.73 and a 12-month high of $39.12. The company’s 50-day moving average price is $36.83 and its 200-day moving average price is $33.30. The firm has a market capitalization of $96.25 billion, a price-to-earnings ratio of 16.38 and a beta of 1.01.

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

BHP Billiton PLC Profile

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.

Institutional Ownership by Quarter for BHP Billiton PLC (NYSE:BBL)

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