Keybank National Association OH lessened its position in BHP Billiton Limited (NYSE:BHP) by 7.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,070 shares of the mining company’s stock after selling 2,261 shares during the quarter. Keybank National Association OH’s holdings in BHP Billiton Limited were worth $1,178,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BHP. Cheyne Capital Management UK LLP bought a new position in BHP Billiton Limited in the 2nd quarter worth $12,505,000. Sei Investments Co. raised its holdings in BHP Billiton Limited by 111.3% in the 2nd quarter. Sei Investments Co. now owns 682,899 shares of the mining company’s stock worth $24,040,000 after acquiring an additional 359,682 shares during the period. LMR Partners LLP raised its holdings in BHP Billiton Limited by 38.6% in the 2nd quarter. LMR Partners LLP now owns 967,223 shares of the mining company’s stock worth $34,622,000 after acquiring an additional 269,303 shares during the period. Quantbot Technologies LP raised its holdings in BHP Billiton Limited by 6,136.1% in the 2nd quarter. Quantbot Technologies LP now owns 144,803 shares of the mining company’s stock worth $5,153,000 after acquiring an additional 142,481 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new position in BHP Billiton Limited in the 3rd quarter worth $5,397,000. Hedge funds and other institutional investors own 2.84% of the company’s stock.

Shares of BHP Billiton Limited (NYSE BHP) opened at $42.70 on Tuesday. The company has a current ratio of 1.85, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. BHP Billiton Limited has a 12-month low of $33.37 and a 12-month high of $44.62.

Several research firms have issued reports on BHP. Zacks Investment Research upgraded shares of BHP Billiton Limited from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Wednesday, October 18th. Exane BNP Paribas lowered shares of BHP Billiton Limited from a “neutral” rating to an “underperform” rating in a research report on Thursday, September 7th. Raymond James Financial, Inc. lowered shares of BHP Billiton Limited from a “market perform” rating to an “underperform” rating in a research report on Friday, September 1st. Cowen and Company set a $43.00 price target on shares of BHP Billiton Limited and gave the stock a “hold” rating in a research report on Thursday, August 24th. Finally, BNP Paribas lowered shares of BHP Billiton Limited from a “neutral” rating to an “underperform” rating in a research report on Wednesday, September 6th. Five analysts have rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $36.52.

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BHP Billiton Limited 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.

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

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