Athos Capital Ltd bought a new stake in shares of BHP Billiton plc (NYSE:BBL) during the second quarter, Holdings Channel reports. The firm bought 17,300 shares of the mining company’s stock, valued at approximately $532,000. BHP Billiton plc comprises 0.3% of Athos Capital Ltd’s portfolio, making the stock its 27th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Cambiar Investors LLC raised its position in BHP Billiton plc by 8.1% in the second quarter. Cambiar Investors LLC now owns 5,201,209 shares of the mining company’s stock valued at $159,989,000 after buying an additional 390,962 shares during the last quarter. Morgan Stanley raised its position in BHP Billiton plc by 33.9% in the first quarter. Morgan Stanley now owns 2,496,519 shares of the mining company’s stock valued at $77,767,000 after buying an additional 631,725 shares during the last quarter. Nikko Asset Management Americas Inc. raised its position in BHP Billiton plc by 8.4% in the first quarter. Nikko Asset Management Americas Inc. now owns 2,073,112 shares of the mining company’s stock valued at $64,577,000 after buying an additional 159,800 shares during the last quarter. Bank of America Corp DE raised its position in BHP Billiton plc by 53.3% in 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 buying an additional 557,149 shares during the last quarter. Finally, South Texas Money Management Ltd. raised its position in BHP Billiton plc by 16.3% in the first quarter. South Texas Money Management Ltd. now owns 942,766 shares of the mining company’s stock valued at $29,367,000 after buying an additional 132,214 shares during the last quarter. Institutional investors and hedge funds own 4.38% of the company’s stock.

BHP Billiton plc (NYSE:BBL) opened at 36.14 on Thursday. BHP Billiton plc has a one year low of $25.61 and a one year high of $37.44. The stock’s 50 day moving average is $33.41 and its 200 day moving average is $32.47. The firm has a market cap of $96.17 billion, a price-to-earnings ratio of 38.78 and a beta of 1.05.

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BBL has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of BHP Billiton plc from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Monday, April 17th. Citigroup Inc. restated a “buy” rating on shares of BHP Billiton plc in a report on Monday, May 15th. BidaskClub upgraded shares of BHP Billiton plc from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. UBS AG restated a “neutral” rating on shares of BHP Billiton plc in a report on Thursday, April 27th. Finally, ValuEngine upgraded shares of BHP Billiton plc from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $33.50.

About BHP Billiton plc

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

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