Sensato Investors LLC grew its holdings in shares of BHP Billiton plc (NYSE:BBL) by 37.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 519,689 shares of the mining company’s stock after buying an additional 141,413 shares during the period. BHP Billiton accounts for approximately 2.6% of Sensato Investors LLC’s holdings, making the stock its 9th biggest position. Sensato Investors LLC’s holdings in BHP Billiton were worth $20,943,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the company. Group One Trading L.P. raised its position in shares of BHP Billiton by 668.8% in the 3rd quarter. Group One Trading L.P. now owns 3,075 shares of the mining company’s stock worth $109,000 after purchasing an additional 2,675 shares during the last quarter. Icon Wealth Partners LLC purchased a new position in shares of BHP Billiton in the 4th quarter worth about $138,000. Premia Global Advisors LLC purchased a new position in shares of BHP Billiton in the 4th quarter worth about $221,000. Commonwealth Equity Services Inc purchased a new position in shares of BHP Billiton in the 3rd quarter worth about $217,000. Finally, MML Investors Services LLC purchased a new position in shares of BHP Billiton in the 4th quarter worth about $345,000. Hedge funds and other institutional investors own 4.13% of the company’s stock.
BHP Billiton plc (NYSE BBL) opened at $40.49 on Tuesday. BHP Billiton plc has a 52-week low of $28.73 and a 52-week high of $45.43. 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 announced a None dividend, which will be paid on Tuesday, March 27th. Shareholders of record on Friday, March 9th will be given a $1.10 dividend. This is a positive change from BHP Billiton’s previous None dividend of $0.86. The ex-dividend date of this dividend is Thursday, March 8th. This represents a yield of 5.31%.
Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered BHP Billiton from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Jefferies Group reaffirmed a “hold” rating and issued a $40.00 price target on shares of BHP Billiton in a research report on Monday, January 8th. Deutsche Bank lowered BHP Billiton from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Finally, Citigroup reaffirmed a “neutral” rating on shares of BHP Billiton in a research report on Wednesday, February 21st. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $45.00.
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BHP Billiton Company 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.
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