Envestnet Asset Management Inc. lifted its position in BHP Billiton PLC (NYSE:BBL) by 14.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,094 shares of the mining company’s stock after acquiring an additional 6,472 shares during the period. Envestnet Asset Management Inc.’s holdings in BHP Billiton were worth $1,776,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cambiar Investors LLC increased its position in shares of BHP Billiton by 4.3% in the third quarter. Cambiar Investors LLC now owns 5,423,369 shares of the mining company’s stock worth $192,258,000 after acquiring an additional 222,160 shares in the last quarter. Polaris Capital Management LLC increased its position in shares of BHP Billiton by 15.2% in the second quarter. Polaris Capital Management LLC now owns 4,138,188 shares of the mining company’s stock worth $127,291,000 after acquiring an additional 546,628 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its position in shares of BHP Billiton by 7.9% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,780,367 shares of the mining company’s stock worth $63,114,000 after acquiring an additional 129,665 shares in the last quarter. Cheyne Capital Management UK LLP purchased a new position in shares of BHP Billiton in the third quarter worth approximately $1,068,000. Finally, Northern Trust Corp increased its position in shares of BHP Billiton by 20.9% in the second quarter. Northern Trust Corp now owns 1,532,668 shares of the mining company’s stock worth $47,145,000 after acquiring an additional 265,186 shares in the last quarter. 4.39% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently weighed in on BBL. Zacks Investment Research downgraded shares of BHP Billiton from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. ValuEngine downgraded shares of BHP Billiton from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 24th. Jefferies Group set a $37.00 price objective on shares of BHP Billiton and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Finally, BidaskClub raised shares of BHP Billiton from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. BHP Billiton has a consensus rating of “Hold” and an average target price of $40.00.

BHP Billiton PLC (NYSE:BBL) opened at $37.84 on Friday. BHP Billiton PLC has a 1 year low of $28.73 and a 1 year high of $39.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.85 and a quick ratio of 1.53.

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About BHP Billiton

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 (NYSE:BBL)

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