Wetherby Asset Management Inc. reduced its position in shares of BHP Billiton Limited (NYSE:BHP) by 6.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,797 shares of the mining company’s stock after selling 1,989 shares during the period. Wetherby Asset Management Inc.’s holdings in BHP Billiton Limited were worth $953,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BHP. Scout Investments Inc. boosted its position in BHP Billiton Limited by 186.0% in the first quarter. Scout Investments Inc. now owns 1,153,905 shares of the mining company’s stock worth $29,886,000 after buying an additional 750,402 shares during the last quarter. Parametric Portfolio Associates LLC boosted its position in BHP Billiton Limited by 17.3% in the first quarter. Parametric Portfolio Associates LLC now owns 1,110,806 shares of the mining company’s stock worth $40,344,000 after buying an additional 163,824 shares during the last quarter. Tocqueville Asset Management L.P. boosted its position in BHP Billiton Limited by 8.2% in the first quarter. Tocqueville Asset Management L.P. now owns 837,654 shares of the mining company’s stock worth $30,424,000 after buying an additional 63,379 shares during the last quarter. LMR Partners LLP purchased a new position in BHP Billiton Limited during the first quarter worth $25,600,000. Finally, Lazard Asset Management LLC boosted its position in BHP Billiton Limited by 1.8% in the first quarter. Lazard Asset Management LLC now owns 695,345 shares of the mining company’s stock worth $25,254,000 after buying an additional 12,511 shares during the last quarter. 2.98% of the stock is owned by institutional investors.

BHP Billiton Limited (NYSE BHP) opened at 40.62 on Friday. BHP Billiton Limited has a 12 month low of $29.30 and a 12 month high of $42.00. The stock’s 50 day moving average is $38.64 and its 200 day moving average is $37.48. The company has a market cap of $108.09 billion, a PE ratio of 43.58 and a beta of 1.12.

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A number of equities analysts have weighed in on BHP shares. BidaskClub raised shares of BHP Billiton Limited from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Goldman Sachs Group, Inc. (The) cut shares of BHP Billiton Limited from a “neutral” rating to a “sell” rating in a research report on Tuesday, April 25th. Deutsche Bank AG raised shares of BHP Billiton Limited from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Zacks Investment Research cut shares of BHP Billiton Limited from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 21st. Finally, UBS AG raised shares of BHP Billiton Limited from a “neutral” rating to a “buy” rating in a research report on Thursday, June 8th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $34.24.

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.

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

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