Natixis Advisors L.P. increased its holdings in BHP Billiton plc (NYSE:BBL) by 10.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,996 shares of the mining company’s stock after purchasing an additional 1,113 shares during the quarter. Natixis Advisors L.P.’s holdings in BHP Billiton were worth $477,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SevenBridge Financial Group LLC acquired a new position in BHP Billiton in the 4th quarter worth about $105,000. Icon Wealth Partners LLC acquired a new position in BHP Billiton in the 4th quarter worth about $138,000. Premia Global Advisors LLC acquired a new position in BHP Billiton in the 4th quarter worth about $221,000. MML Investors Services LLC acquired a new position in BHP Billiton in the 4th quarter worth about $345,000. Finally, Canandaigua National Bank & Trust Co. acquired a new position in BHP Billiton in the 1st quarter worth about $366,000. 4.56% of the stock is owned by institutional investors.

A number of equities analysts recently weighed in on the company. Jefferies Financial Group reaffirmed a “hold” rating and issued a $38.00 price target on shares of BHP Billiton in a report on Monday, April 9th. ValuEngine raised BHP Billiton from a “hold” rating to a “buy” rating in a report on Wednesday, May 16th. Barclays raised BHP Billiton from an “equal weight” rating to an “overweight” rating in a report on Friday, May 4th. Royal Bank of Canada raised BHP Billiton from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 3rd. Finally, Deutsche Bank raised BHP Billiton from a “hold” rating to a “buy” rating in a report on Wednesday, April 11th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $44.00.

Shares of BHP Billiton stock opened at $46.57 on Wednesday. BHP Billiton plc has a 12 month low of $28.73 and a 12 month high of $47.92. The company has a market cap of $49.99 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 2.64 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.

BHP Billiton Profile

BHP Billiton Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, thermal energy coal, and oil and gas properties.

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

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