FNY Partners Fund LP Takes Position in BHP Billiton plc (BBL)

FNY Partners Fund LP purchased a new position in shares of BHP Billiton plc (NYSE:BBL) during the 4th quarter, Holdings Channel reports. The fund purchased 18,993 shares of the mining company’s stock, valued at approximately $765,000.

Several other large investors also recently bought and sold shares of BBL. Cheyne Capital Management UK LLP acquired a new position in shares of BHP Billiton during the 3rd quarter worth approximately $1,068,000. Mason Capital Management LLC acquired a new position in shares of BHP Billiton during the 2nd quarter worth approximately $46,601,000. Polaris Capital Management LLC increased its position in shares of BHP Billiton by 15.2% during the 2nd quarter. Polaris Capital Management LLC now owns 4,138,188 shares of the mining company’s stock worth $127,291,000 after purchasing an additional 546,628 shares during the last quarter. Northern Trust Corp increased its position in shares of BHP Billiton by 20.9% during the 2nd quarter. Northern Trust Corp now owns 1,532,668 shares of the mining company’s stock worth $47,145,000 after purchasing an additional 265,186 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of BHP Billiton during the 3rd quarter worth approximately $8,956,000. 4.40% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the company. Zacks Investment Research lowered BHP Billiton from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Jefferies Group reaffirmed a “hold” rating and set a $40.00 price target on shares of BHP Billiton in a research report on Monday, January 8th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $45.00.

BHP Billiton plc (NYSE:BBL) opened at $44.52 on Thursday. BHP Billiton plc has a 1 year low of $28.73 and a 1 year high of $45.30. The company has a current ratio of 1.85, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47.

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BHP Billiton 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 (NYSE:BBL)

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