Two Sigma Advisers LP grew its stake in shares of BHP Billiton Limited (NYSE:BHP) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 774,400 shares of the mining company’s stock after purchasing an additional 79,700 shares during the period. Two Sigma Advisers LP’s holdings in BHP Billiton were worth $35,615,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in BHP. Trust Co. of Vermont lifted its stake in BHP Billiton by 37.2% in the 4th quarter. Trust Co. of Vermont now owns 4,278 shares of the mining company’s stock worth $197,000 after acquiring an additional 1,161 shares in the last quarter. Afam Capital Inc. lifted its stake in BHP Billiton by 6.9% in the 4th quarter. Afam Capital Inc. now owns 18,570 shares of the mining company’s stock worth $854,000 after acquiring an additional 1,206 shares in the last quarter. Eagle Asset Management Inc. lifted its stake in BHP Billiton by 16.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 10,047 shares of the mining company’s stock worth $410,000 after acquiring an additional 1,385 shares in the last quarter. Greenleaf Trust lifted its stake in BHP Billiton by 9.1% in the 4th quarter. Greenleaf Trust now owns 17,984 shares of the mining company’s stock worth $827,000 after acquiring an additional 1,504 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in BHP Billiton by 14.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 14,376 shares of the mining company’s stock worth $583,000 after acquiring an additional 1,814 shares in the last quarter. 3.21% of the stock is owned by institutional investors and hedge funds.
BHP stock traded down $0.84 during mid-day trading on Friday, hitting $43.64. The stock had a trading volume of 2,325,596 shares, compared to its average volume of 2,550,268. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.75 and a quick ratio of 1.40. The firm has a market cap of $70,064.02, a P/E ratio of 17.25, a PEG ratio of 2.46 and a beta of 1.23. BHP Billiton Limited has a 1-year low of $33.37 and a 1-year high of $50.79.
The business also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, March 27th. Stockholders of record on Friday, March 9th were issued a dividend of $1.10 per share. This is a positive change from BHP Billiton’s previous Semi-Annual dividend of $0.86. The ex-dividend date was Thursday, March 8th. This represents a dividend yield of 4.73%. BHP Billiton’s dividend payout ratio is currently 86.96%.
Several equities research analysts recently issued reports on the company. Cowen set a $50.00 price objective on BHP Billiton and gave the stock a “market perform” rating in a research note on Friday, March 23rd. Goldman Sachs raised BHP Billiton from a “sell” rating to a “neutral” rating in a research note on Wednesday, March 14th. Zacks Investment Research raised BHP Billiton from a “sell” rating to a “hold” rating in a research report on Tuesday, December 19th. JPMorgan Chase raised BHP Billiton from an “underweight” rating to a “neutral” rating in a research report on Thursday, December 14th. Finally, Deutsche Bank lowered BHP Billiton from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $39.37.
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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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