BHP Billiton plc (BBL) Shares Bought by Natixis Advisors L.P.

Natixis Advisors L.P. raised its position in shares of BHP Billiton plc (NYSE:BBL) by 10.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,996 shares of the mining company’s stock after purchasing an additional 1,113 shares during the quarter. Natixis Advisors L.P.’s holdings in BHP Billiton were worth $477,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of BBL. Neuberger Berman Group LLC grew its stake in BHP Billiton by 2,272.4% during the 1st quarter. Neuberger Berman Group LLC now owns 611,404 shares of the mining company’s stock valued at $24,291,000 after purchasing an additional 585,632 shares during the last quarter. Polaris Capital Management LLC grew its stake in BHP Billiton by 8.7% during the 1st quarter. Polaris Capital Management LLC now owns 4,952,288 shares of the mining company’s stock valued at $196,754,000 after purchasing an additional 394,500 shares during the last quarter. Maverick Capital Ltd. purchased a new stake in BHP Billiton during the 4th quarter valued at about $5,775,000. Sensato Investors LLC grew its stake in BHP Billiton by 37.4% during the 4th quarter. Sensato Investors LLC now owns 519,689 shares of the mining company’s stock valued at $20,943,000 after purchasing an additional 141,413 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in BHP Billiton during the 4th quarter valued at about $4,972,000. Institutional investors and hedge funds own 4.56% of the company’s stock.

Get BHP Billiton alerts:

Shares of BBL opened at $46.57 on Wednesday. BHP Billiton plc has a 52 week low of $28.73 and a 52 week high of $47.92. The company has a current ratio of 1.75, a quick ratio of 1.40 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $49.99 billion, a PE ratio of 18.41, a P/E/G ratio of 2.64 and a beta of 1.23.

Several analysts have weighed in on BBL shares. Bank of America downgraded BHP Billiton from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 5th. Citigroup upgraded BHP Billiton from a “neutral” rating to a “buy” rating in a research note on Friday, April 20th. Goldman Sachs Group upgraded BHP Billiton from a “neutral” rating to a “buy” rating in a research note on Monday, April 23rd. ValuEngine downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Friday, June 1st. Finally, Deutsche Bank downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $44.00.

BHP Billiton Profile

BHP Billiton Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, thermal energy coal, and oil and gas properties.

Want to see what other hedge funds are holding BBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BHP Billiton plc (NYSE:BBL).

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

Leave a Reply

Your email address will not be published. Required fields are marked *