Baugh & Associates LLC Invests $1.92 Million in BHP Billiton plc (BBL) Stock

Baugh & Associates LLC bought a new position in shares of BHP Billiton plc (NYSE:BBL) during the fourth quarter, Holdings Channel reports. The institutional investor bought 47,658 shares of the mining company’s stock, valued at approximately $1,921,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BBL. Cheyne Capital Management UK LLP acquired a new position in BHP Billiton during the third quarter worth $1,068,000. Polaris Capital Management LLC increased its holdings in shares of BHP Billiton by 7.4% in the fourth quarter. Polaris Capital Management LLC now owns 4,557,788 shares of the mining company’s stock valued at $183,679,000 after purchasing an additional 315,800 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of BHP Billiton in the third quarter valued at $8,956,000. Cambiar Investors LLC increased its holdings 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 valued at $192,258,000 after purchasing an additional 222,160 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its holdings 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 valued at $63,114,000 after purchasing an additional 129,665 shares during the last quarter. Institutional investors and hedge funds own 4.41% of the company’s stock.

Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of BHP Billiton from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Jefferies Group reiterated a “hold” rating and issued a $40.00 price objective on shares of BHP Billiton in a report on Monday, January 8th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $45.00.

BHP Billiton plc (BBL) opened at $44.63 on Thursday. BHP Billiton plc has a fifty-two week low of $28.73 and a fifty-two week high of $45.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 1.85.

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BHP Billiton Profile

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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