BlueCrest Capital Management Ltd Purchases 66,632 Shares of BHP Billiton PLC (BBL)

BlueCrest Capital Management Ltd grew its position in shares of BHP Billiton PLC (NYSE:BBL) by 106.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,401 shares of the mining company’s stock after purchasing an additional 66,632 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in BHP Billiton PLC were worth $3,980,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. bought a new position in shares of BHP Billiton PLC during the 1st quarter valued at about $108,000. Acrospire Investment Management LLC increased its position in shares of BHP Billiton PLC by 113.6% during the 2nd quarter. Acrospire Investment Management LLC now owns 4,700 shares of the mining company’s stock valued at $145,000 after purchasing an additional 2,500 shares during the last quarter. Cypress Wealth Advisors LLC increased its position in shares of BHP Billiton PLC by 7.1% during the 1st quarter. Cypress Wealth Advisors LLC now owns 6,535 shares of the mining company’s stock valued at $237,000 after purchasing an additional 435 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of BHP Billiton PLC by 27.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,866 shares of the mining company’s stock valued at $245,000 after purchasing an additional 1,678 shares during the last quarter. Finally, Pacad Investment Ltd. bought a new position in shares of BHP Billiton PLC during the 2nd quarter valued at about $268,000. Hedge funds and other institutional investors own 4.12% of the company’s stock.

Several brokerages have recently commented on BBL. BidaskClub upgraded BHP Billiton PLC from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. ValuEngine lowered BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 24th. Jefferies Group LLC set a $37.00 price objective on BHP Billiton PLC and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research upgraded BHP Billiton PLC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $38.00.

BHP Billiton PLC (NYSE:BBL) traded up 0.69% during trading on Monday, reaching $36.42. The company had a trading volume of 669,239 shares. The firm’s 50 day moving average is $36.75 and its 200 day moving average is $33.18. The company has a market capitalization of $96.94 billion, a PE ratio of 16.49 and a beta of 1.01. BHP Billiton PLC has a one year low of $28.73 and a one year high of $39.12.

The business also recently disclosed a None dividend, which was paid on Tuesday, September 26th. Shareholders of record on Friday, September 8th were given a dividend of $0.86 per share. The ex-dividend date of this dividend was Thursday, September 7th. This is an increase from BHP Billiton PLC’s previous None dividend of $0.28. This represents a yield of 4.73%.

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Other institutional investors have also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. bought a new position in shares of BHP Billiton PLC during the 1st quarter valued at about $108,000. Acrospire Investment Management LLC increased its position in shares of BHP Billiton PLC by 113.6% during the 2nd quarter. Acrospire Investment Management LLC now owns 4,700 shares of the mining company’s stock valued at $145,000 after purchasing an additional 2,500 shares during the last quarter. Cypress Wealth Advisors LLC increased its position in shares of BHP Billiton PLC by 7.1% during the 1st quarter. Cypress Wealth Advisors LLC now owns 6,535 shares of the mining company’s stock valued at $237,000 after purchasing an additional 435 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of BHP Billiton PLC by 27.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,866 shares of the mining company’s stock valued at $245,000 after purchasing an additional 1,678 shares during the last quarter. Finally, Pacad Investment Ltd. bought a new position in shares of BHP Billiton PLC during the 2nd quarter valued at about $268,000. Hedge funds and other institutional investors own 4.12% of the company’s stock.

Several brokerages have recently commented on BBL. BidaskClub upgraded BHP Billiton PLC from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. ValuEngine lowered BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 24th. Jefferies Group LLC set a $37.00 price objective on BHP Billiton PLC and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research upgraded BHP Billiton PLC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $38.00.

BHP Billiton PLC (NYSE:BBL) traded up 0.69% during trading on Monday, reaching $36.42. The company had a trading volume of 669,239 shares. The firm’s 50 day moving average is $36.75 and its 200 day moving average is $33.18. The company has a market capitalization of $96.94 billion, a PE ratio of 16.49 and a beta of 1.01. BHP Billiton PLC has a one year low of $28.73 and a one year high of $39.12.

The business also recently disclosed a None dividend, which was paid on Tuesday, September 26th. Shareholders of record on Friday, September 8th were given a dividend of $0.86 per share. The ex-dividend date of this dividend was Thursday, September 7th. This is an increase from BHP Billiton PLC’s previous None dividend of $0.28. This represents a yield of 4.73%.

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BHP Billiton PLC 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 PLC (NYSE:BBL)

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