Mason Capital Management LLC acquired a new stake in BHP Billiton PLC (NYSE:BBL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,515,000 shares of the mining company’s stock, valued at approximately $46,601,000. BHP Billiton PLC accounts for about 3.0% of Mason Capital Management LLC’s investment portfolio, making the stock its 7th biggest position. Mason Capital Management LLC owned approximately 0.06% of BHP Billiton PLC as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. HighTower Advisors LLC raised its position in shares of BHP Billiton PLC by 2.9% in the second quarter. HighTower Advisors LLC now owns 9,758 shares of the mining company’s stock valued at $300,000 after purchasing an additional 275 shares during the period. People s United Financial Inc. raised its position in shares of BHP Billiton PLC by 5.9% in the second quarter. People s United Financial Inc. now owns 84,235 shares of the mining company’s stock valued at $2,591,000 after purchasing an additional 4,676 shares during the period. Graham Capital Management L.P. bought a new position in shares of BHP Billiton PLC in the second quarter valued at about $2,509,000. Balyasny Asset Management LLC raised its position in shares of BHP Billiton PLC by 11.4% in the second quarter. Balyasny Asset Management LLC now owns 697,589 shares of the mining company’s stock valued at $21,458,000 after purchasing an additional 71,514 shares during the period. Finally, Stifel Financial Corp raised its position in shares of BHP Billiton PLC by 2.2% in the second quarter. Stifel Financial Corp now owns 22,404 shares of the mining company’s stock valued at $685,000 after purchasing an additional 477 shares during the period. 4.12% of the stock is currently owned by institutional investors.

Several equities analysts recently commented on BBL shares. ValuEngine downgraded shares of BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. Jefferies Group LLC set a $37.00 price target on shares of BHP Billiton PLC and gave the company a “buy” rating in a research note on Wednesday, August 23rd. BidaskClub upgraded shares of BHP Billiton PLC from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. Finally, Zacks Investment Research upgraded shares of BHP Billiton PLC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $36.00.

BHP Billiton PLC (NYSE:BBL) traded up 0.14% during trading on Friday, hitting $35.45. 1,229,030 shares of the company traded hands. The company has a market capitalization of $94.36 billion, a P/E ratio of 16.06 and a beta of 1.04. The stock has a 50 day moving average price of $36.65 and a 200 day moving average price of $32.83. BHP Billiton PLC has a 12-month low of $28.04 and a 12-month high of $39.12.

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

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BHP Billiton PLC Company 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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