Smithfield Trust Co. held its position in shares of BHP Billiton Limited (NYSE:BHP) during the second quarter, Holdings Channel reports. The firm owned 3,382 shares of the mining company’s stock at the end of the second quarter. Smithfield Trust Co.’s holdings in BHP Billiton Limited were worth $120,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. State Street Corp raised its position in shares of BHP Billiton Limited by 30.9% in the fourth quarter. State Street Corp now owns 121,280 shares of the mining company’s stock valued at $4,339,000 after buying an additional 28,638 shares during the period. Norges Bank purchased a new position in shares of BHP Billiton Limited during the fourth quarter valued at $18,675,000. Capstone Asset Management Co. raised its position in shares of BHP Billiton Limited by 12.5% in the first quarter. Capstone Asset Management Co. now owns 124,132 shares of the mining company’s stock valued at $4,508,000 after buying an additional 13,770 shares during the period. Fox Run Management L.L.C. purchased a new position in shares of BHP Billiton Limited during the first quarter valued at $607,000. Finally, Portland Global Advisors LLC raised its position in shares of BHP Billiton Limited by 10.5% in the first quarter. Portland Global Advisors LLC now owns 11,370 shares of the mining company’s stock valued at $413,000 after buying an additional 1,080 shares during the period. 2.98% of the stock is owned by institutional investors and hedge funds.

Shares of BHP Billiton Limited (BHP) opened at 41.36 on Thursday. BHP Billiton Limited has a 12 month low of $29.30 and a 12 month high of $42.00. The company has a 50 day moving average price of $38.45 and a 200-day moving average price of $37.46. The stock has a market cap of $110.06 billion, a P/E ratio of 44.38 and a beta of 1.12.

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Several equities analysts have weighed in on BHP shares. HSBC Holdings plc raised BHP Billiton Limited from a “hold” rating to a “buy” rating and reduced their price objective for the company from $41.79 to $25.75 in a report on Wednesday, April 19th. Zacks Investment Research lowered BHP Billiton Limited from a “strong-buy” rating to a “hold” rating in a report on Friday, April 21st. Goldman Sachs Group, Inc. (The) lowered BHP Billiton Limited from a “neutral” rating to a “sell” rating in a report on Tuesday, April 25th. Citigroup Inc. raised BHP Billiton Limited from a “neutral” rating to a “buy” rating in a report on Wednesday, April 26th. Finally, Jefferies Group LLC lowered BHP Billiton Limited from a “buy” rating to a “hold” rating and set a $32.00 price objective for the company. in a report on Thursday, June 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. BHP Billiton Limited has a consensus rating of “Hold” and an average target price of $34.24.

About BHP Billiton Limited

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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