JJJ Advisors Inc. Maintains Position in BHP Billiton PLC (NYSE:BBL)

JJJ Advisors Inc. held its stake in shares of BHP Billiton PLC (NYSE:BBL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,000 shares of the mining company’s stock at the end of the second quarter. BHP Billiton PLC makes up approximately 0.2% of JJJ Advisors Inc.’s portfolio, making the stock its 25th largest position. JJJ Advisors Inc.’s holdings in BHP Billiton PLC were worth $369,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. BB&T Corp boosted its stake in shares of BHP Billiton PLC by 77.0% in the first quarter. BB&T Corp now owns 75,664 shares of the mining company’s stock worth $2,357,000 after buying an additional 32,915 shares during the period. Bridge Creek Capital Management LLC boosted its stake in shares of BHP Billiton PLC by 4.8% in the first quarter. Bridge Creek Capital Management LLC now owns 23,915 shares of the mining company’s stock worth $745,000 after buying an additional 1,100 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of BHP Billiton PLC by 0.3% in the first quarter. Russell Investments Group Ltd. now owns 684,305 shares of the mining company’s stock worth $21,311,000 after buying an additional 2,184 shares during the period. Nikko Asset Management Americas Inc. boosted its stake in shares of BHP Billiton PLC by 8.4% in the first quarter. Nikko Asset Management Americas Inc. now owns 2,073,112 shares of the mining company’s stock worth $64,577,000 after buying an additional 159,800 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of BHP Billiton PLC by 82.7% in the first quarter. Janney Montgomery Scott LLC now owns 47,057 shares of the mining company’s stock worth $1,466,000 after buying an additional 21,295 shares during the period. 4.39% of the stock is currently owned by institutional investors.

Shares of BHP Billiton PLC (BBL) traded up 0.67% during trading on Monday, hitting $34.49. 1,132,762 shares of the stock traded hands. The firm has a market cap of $91.78 billion, a price-to-earnings ratio of 37.01 and a beta of 1.02. BHP Billiton PLC has a 12 month low of $23.96 and a 12 month high of $37.44. The company has a 50 day moving average price of $30.48 and a 200 day moving average price of $32.25.

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A number of analysts have commented on the stock. BidaskClub raised shares of BHP Billiton PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Jefferies Group LLC cut shares of BHP Billiton PLC to a “hold” rating and set a $32.00 price target on the stock. in a research report on Thursday, June 8th. ValuEngine cut shares of BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Citigroup Inc. reaffirmed a “buy” rating on shares of BHP Billiton PLC in a research report on Monday, May 29th. Finally, Zacks Investment Research cut shares of BHP Billiton PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $33.50.

About BHP Billiton PLC

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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