Raymond James Financial Services Advisors Inc. lifted its holdings in Brampton Brick Ltd (NYSE:BBL) by 14.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,719 shares of the company’s stock after buying an additional 947 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Brampton Brick were worth $237,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BBL. Oppenheimer Asset Management Inc. bought a new position in shares of Brampton Brick in the first quarter valued at about $108,000. Acrospire Investment Management LLC raised its holdings in shares of Brampton Brick by 113.6% in the second quarter. Acrospire Investment Management LLC now owns 4,700 shares of the company’s stock valued at $145,000 after buying an additional 2,500 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Brampton Brick by 27.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,866 shares of the company’s stock valued at $245,000 after buying an additional 1,678 shares during the last quarter. Pacad Investment Ltd. bought a new position in shares of Brampton Brick in the second quarter valued at about $268,000. Finally, HighTower Advisors LLC bought a new stake in Brampton Brick during the 1st quarter worth about $295,000.

TRADEMARK VIOLATION WARNING: “Brampton Brick Ltd (BBL) Shares Bought by Raymond James Financial Services Advisors Inc.” was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://www.dailypolitical.com/2017/11/12/brampton-brick-ltd-bbl-shares-bought-by-raymond-james-financial-services-advisors-inc.html.

Several analysts have weighed in on BBL shares. Jefferies Group LLC set a $38.00 price objective on Brampton Brick and gave the stock a “hold” rating in a report on Thursday, October 5th. Zacks Investment Research raised Brampton Brick from a “hold” rating to a “strong-buy” rating and set a $42.00 price objective for the company in a report on Thursday, October 12th. BidaskClub raised Brampton Brick from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Finally, ValuEngine raised Brampton Brick from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Brampton Brick currently has an average rating of “Buy” and an average price target of C$40.00.

Shares of Brampton Brick Ltd (BBL) opened at C$37.62 on Friday. Brampton Brick Ltd has a twelve month low of C$28.73 and a twelve month high of C$39.12.

Brampton Brick 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.

Want to see what other hedge funds are holding BBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brampton Brick Ltd (NYSE:BBL).

Institutional Ownership by Quarter for Brampton Brick (NYSE:BBL)

Receive News & Ratings for Brampton Brick Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brampton Brick Ltd and related companies with MarketBeat.com's FREE daily email newsletter.