Marshall Wace LLP bought a new stake in BHP Billiton Limited (NYSE:BHP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 11,119 shares of the mining company’s stock, valued at approximately $556,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in BHP Billiton by 12.8% during the second quarter. Signaturefd LLC now owns 12,845 shares of the mining company’s stock worth $642,000 after acquiring an additional 1,460 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in BHP Billiton by 1.6% during the second quarter. Macquarie Group Ltd. now owns 65,564 shares of the mining company’s stock worth $3,279,000 after acquiring an additional 1,059 shares in the last quarter. Capital Fund Management S.A. lifted its holdings in BHP Billiton by 50.5% during the second quarter. Capital Fund Management S.A. now owns 209,242 shares of the mining company’s stock worth $10,464,000 after acquiring an additional 70,197 shares in the last quarter. Voya Investment Management LLC lifted its holdings in BHP Billiton by 34.6% during the second quarter. Voya Investment Management LLC now owns 1,631,363 shares of the mining company’s stock worth $81,585,000 after acquiring an additional 419,757 shares in the last quarter. Finally, Hammer Asset Management LLC bought a new position in BHP Billiton during the second quarter worth about $3,087,000. 3.33% of the stock is owned by institutional investors.

Several analysts have issued reports on the company. ValuEngine downgraded BHP Billiton from a “hold” rating to a “sell” rating in a research note on Friday, September 7th. Deutsche Bank downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Monday, September 10th. Zacks Investment Research raised BHP Billiton from a “hold” rating to a “strong-buy” rating and set a $58.00 price target on the stock in a research note on Tuesday, July 3rd. Investec downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Friday, June 15th. Finally, Bank of America downgraded BHP Billiton from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 5th. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $49.20.

BHP opened at $49.22 on Friday. BHP Billiton Limited has a 1 year low of $39.92 and a 1 year high of $52.62. The company has a current ratio of 2.51, a quick ratio of 2.24 and a debt-to-equity ratio of 0.40.

The company also recently declared a semiannual dividend, which will be paid on Tuesday, September 25th. Shareholders of record on Friday, September 7th will be paid a $1.26 dividend. This is an increase from BHP Billiton’s previous semiannual dividend of $0.80. The ex-dividend date of this dividend is Thursday, September 6th. This represents a dividend yield of 5.32%. BHP Billiton’s dividend payout ratio (DPR) is currently 75.00%.

BHP Billiton Company Profile

BHP Billiton Limited discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, thermal energy coal, and oil and gas properties.

Further Reading: Understanding Analyst Ratings

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

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