Profund Advisors LLC grew its holdings in BHP Billiton Limited (NYSE:BHP) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,028 shares of the mining company’s stock after acquiring an additional 1,570 shares during the period. Profund Advisors LLC’s holdings in BHP Billiton Limited were worth $1,140,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Huntington National Bank lifted its stake in shares of BHP Billiton Limited by 25.3% in the 2nd quarter. Huntington National Bank now owns 2,837 shares of the mining company’s stock valued at $101,000 after purchasing an additional 572 shares during the period. Proficio Capital Partners LLC lifted its stake in shares of BHP Billiton Limited by 122.8% in the 1st quarter. Proficio Capital Partners LLC now owns 3,133 shares of the mining company’s stock valued at $114,000 after purchasing an additional 1,727 shares during the period. Fifth Third Bancorp lifted its stake in shares of BHP Billiton Limited by 14.6% in the 1st quarter. Fifth Third Bancorp now owns 3,345 shares of the mining company’s stock valued at $121,000 after purchasing an additional 426 shares during the period. V Wealth Management LLC acquired a new position in shares of BHP Billiton Limited in the 2nd quarter valued at $133,000. Finally, Bollard Group LLC lifted its stake in shares of BHP Billiton Limited by 18.3% in the 2nd quarter. Bollard Group LLC now owns 4,133 shares of the mining company’s stock valued at $147,000 after purchasing an additional 640 shares during the period. 2.98% of the stock is currently owned by institutional investors and hedge funds.

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Several equities analysts recently issued reports on BHP shares. BidaskClub upgraded shares of BHP Billiton Limited from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th. Raymond James Financial, Inc. cut shares of BHP Billiton Limited from a “market perform” rating to an “underperform” rating in a research note on Friday, September 1st. Sanford C. Bernstein upgraded shares of BHP Billiton Limited from a “market perform” rating to an “outperform” rating and set a $44.88 target price for the company in a research note on Wednesday, July 5th. They noted that the move was a valuation call. Royal Bank Of Canada cut shares of BHP Billiton Limited from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 31st. They noted that the move was a valuation call. Finally, BNP Paribas cut shares of BHP Billiton Limited from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 6th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $34.67.

BHP Billiton Limited (NYSE:BHP) opened at 42.05 on Thursday. The firm’s 50-day moving average is $42.09 and its 200-day moving average is $37.91. The firm has a market capitalization of $111.94 billion, a PE ratio of 19.04 and a beta of 1.12. BHP Billiton Limited has a 52-week low of $31.42 and a 52-week high of $44.62.

The business also recently announced a Semi-Annual dividend, which will be paid on Tuesday, September 26th. Shareholders of record on Friday, September 8th will be given a dividend of $0.86 per share. This is a positive change from BHP Billiton Limited’s previous Semi-Annual dividend of $0.32. This represents a dividend yield of 4.04%. The ex-dividend date of this dividend is Thursday, September 7th.

BHP Billiton Limited 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.

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

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