129,200 Shares in BHP Billiton plc (BBL) Acquired by Hikari Power Ltd

Hikari Power Ltd purchased a new stake in BHP Billiton plc (NYSE:BBL) in the 4th quarter, Holdings Channel reports. The firm purchased 129,200 shares of the mining company’s stock, valued at approximately $5,207,000.

Several other hedge funds have also recently made changes to their positions in the company. HighTower Advisors LLC grew its holdings in shares of BHP Billiton by 2.9% in the 2nd quarter. HighTower Advisors LLC now owns 9,758 shares of the mining company’s stock valued at $300,000 after buying an additional 275 shares during the period. Stifel Financial Corp grew its holdings in shares of BHP Billiton by 2.2% in the 2nd quarter. Stifel Financial Corp now owns 22,404 shares of the mining company’s stock valued at $685,000 after buying an additional 477 shares during the period. Advisor Group Inc. grew its holdings in shares of BHP Billiton by 3.9% in the 2nd quarter. Advisor Group Inc. now owns 16,779 shares of the mining company’s stock valued at $514,000 after buying an additional 624 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of BHP Billiton by 14.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 7,719 shares of the mining company’s stock valued at $237,000 after buying an additional 947 shares during the period. Finally, Knowledge Leaders Capital LLC grew its holdings in shares of BHP Billiton by 59.3% in the 3rd quarter. Knowledge Leaders Capital LLC now owns 3,939 shares of the mining company’s stock valued at $140,000 after buying an additional 1,467 shares during the period. 4.39% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research raised shares of BHP Billiton from a “hold” rating to a “strong-buy” rating and set a $42.00 price target for the company in a report on Thursday, October 12th. Jefferies Group set a $38.00 price target on shares of BHP Billiton and gave the company a “hold” rating in a report on Thursday, October 5th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. BHP Billiton currently has an average rating of “Buy” and a consensus price target of $41.50.

BHP Billiton plc (NYSE BBL) opened at $44.25 on Friday. BHP Billiton plc has a fifty-two week low of $28.73 and a fifty-two week high of $44.25. The stock has a market cap of $126,460.00, a price-to-earnings ratio of 20.02, a PEG ratio of 2.93 and a beta of 1.05. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.85 and a quick ratio of 1.53.

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BHP Billiton 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 (NYSE:BBL)

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