BHP Billiton Limited (BHP) Position Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its position in shares of BHP Billiton Limited (NYSE:BHP) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 75,522 shares of the mining company’s stock after buying an additional 2,449 shares during the quarter. Bank of New York Mellon Corp’s holdings in BHP Billiton were worth $3,472,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Segantii Capital Management Ltd purchased a new position in shares of BHP Billiton during the fourth quarter valued at approximately $147,421,000. Parametric Portfolio Associates LLC lifted its stake in shares of BHP Billiton by 12.3% during the third quarter. Parametric Portfolio Associates LLC now owns 1,329,420 shares of the mining company’s stock valued at $53,881,000 after buying an additional 146,127 shares during the period. Aperio Group LLC lifted its stake in shares of BHP Billiton by 14.2% during the fourth quarter. Aperio Group LLC now owns 793,347 shares of the mining company’s stock valued at $36,486,000 after buying an additional 98,513 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of BHP Billiton by 170.3% during the third quarter. JPMorgan Chase & Co. now owns 598,805 shares of the mining company’s stock valued at $24,245,000 after buying an additional 377,242 shares during the period. Finally, LMR Partners LLP purchased a new position in shares of BHP Billiton during the fourth quarter valued at approximately $24,392,000. 3.21% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages recently commented on BHP. Deutsche Bank raised shares of BHP Billiton from a “hold” rating to a “buy” rating in a research report on Tuesday. Societe Generale raised shares of BHP Billiton from a “hold” rating to a “buy” rating in a research report on Friday, April 6th. Citigroup raised shares of BHP Billiton from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 4th. Royal Bank of Canada raised shares of BHP Billiton from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 3rd. Finally, Cowen set a $50.00 price target on shares of BHP Billiton and gave the stock a “market perform” rating in a research report on Friday, March 23rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $39.37.



Shares of BHP stock opened at $46.11 on Thursday. BHP Billiton Limited has a one year low of $33.37 and a one year high of $50.79. The company has a market cap of $70,047.97, a P/E ratio of 18.23, a P/E/G ratio of 2.48 and a beta of 1.23. The company has a quick ratio of 1.40, a current ratio of 1.75 and a debt-to-equity ratio of 0.41.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, March 27th. Stockholders of record on Friday, March 9th were given a $1.10 dividend. The ex-dividend date was Thursday, March 8th. This represents a dividend yield of 4.73%. This is a positive change from BHP Billiton’s previous Semi-Annual dividend of $0.86. BHP Billiton’s dividend payout ratio is presently 86.96%.

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BHP Billiton Company Profile

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.

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

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