Advisors Asset Management Inc. increased its position in shares of BHP Billiton Limited (NYSE:BHP) by 7.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,263 shares of the mining company’s stock after buying an additional 5,469 shares during the period. Advisors Asset Management Inc.’s holdings in BHP Billiton Limited were worth $2,963,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. Scout Investments Inc. increased its stake 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 shares of 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 period. Tocqueville Asset Management L.P. boosted its position in shares of 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 period. LMR Partners LLP acquired a new position in shares of BHP Billiton Limited during the first quarter worth $25,600,000. Finally, Lazard Asset Management LLC boosted its position in shares of 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 period. Hedge funds and other institutional investors own 2.90% of the company’s stock.

BHP Billiton Limited (NYSE BHP) opened at 40.40 on Monday. BHP Billiton Limited has a 52-week low of $29.30 and a 52-week high of $42.00. The stock’s 50 day moving average is $39.65 and its 200-day moving average is $37.45. The firm has a market capitalization of $107.50 billion, a PE ratio of 43.35 and a beta of 1.12.

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A number of research analysts have weighed in on the stock. HSBC Holdings plc cut shares of BHP Billiton Limited from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. UBS AG raised shares of BHP Billiton Limited from a “neutral” rating to a “buy” rating in a research report on Thursday, June 8th. Citigroup Inc. cut shares of BHP Billiton Limited from a “buy” rating to a “neutral” rating and reduced their price target for the company from $41.79 to $28.02 in a research report on Wednesday, July 19th. Jefferies Group LLC cut shares of BHP Billiton Limited from a “buy” rating to a “hold” rating and set a $32.00 price target on the stock. in a research report on Thursday, June 8th. Finally, 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. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. BHP Billiton Limited has a consensus rating of “Hold” and a consensus price target 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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