Commonwealth Equity Services Inc boosted its position in BHP Billiton Limited (NYSE:BHP) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,794 shares of the mining company’s stock after purchasing an additional 4,275 shares during the quarter. Commonwealth Equity Services Inc’s holdings in BHP Billiton Limited were worth $2,261,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. CI Investments Inc. lifted its position in BHP Billiton Limited by 5.8% in the 2nd quarter. CI Investments Inc. now owns 2,168,350 shares of the mining company’s stock valued at $77,172,000 after purchasing an additional 119,700 shares during the last quarter. Earnest Partners LLC lifted its position in BHP Billiton Limited by 1.2% in the 2nd quarter. Earnest Partners LLC now owns 1,736,030 shares of the mining company’s stock valued at $61,785,000 after purchasing an additional 20,581 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in BHP Billiton Limited by 7.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,190,387 shares of the mining company’s stock valued at $42,366,000 after purchasing an additional 79,581 shares during the last quarter. Tocqueville Asset Management L.P. lifted its position in BHP Billiton Limited by 9.2% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 1,032,392 shares of the mining company’s stock valued at $41,843,000 after purchasing an additional 86,790 shares during the last quarter. Finally, LMR Partners LLP lifted its position in BHP Billiton Limited by 38.6% in the 2nd quarter. LMR Partners LLP now owns 967,223 shares of the mining company’s stock valued at $34,622,000 after purchasing an additional 269,303 shares during the last quarter. Hedge funds and other institutional investors own 3.00% of the company’s stock.

Shares of BHP Billiton Limited (NYSE:BHP) opened at $42.27 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. BHP Billiton Limited has a fifty-two week low of $33.37 and a fifty-two week high of $44.62.

BHP has been the topic of several recent research reports. Zacks Investment Research upgraded shares of BHP Billiton Limited from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Cowen and Company set a $43.00 price objective on shares of BHP Billiton Limited and gave the company a “hold” rating in a research report on Thursday, August 24th. BidaskClub upgraded shares of BHP Billiton Limited from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Royal Bank Of Canada downgraded shares of BHP Billiton Limited from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 31st. They noted that the move was a valuation call. Finally, Raymond James Financial, Inc. downgraded shares of BHP Billiton Limited from a “market perform” rating to an “underperform” rating in a research report on Friday, September 1st. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $36.52.

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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.

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

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