Sawyer & Company Inc Acquires New Holdings in BHP Billiton Limited (BHP)

Sawyer & Company Inc purchased a new position in shares of BHP Billiton Limited (NYSE:BHP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,615 shares of the mining company’s stock, valued at approximately $350,000.

Several other institutional investors also recently added to or reduced their stakes in BHP. Knowledge Leaders Capital LLC purchased a new stake in shares of BHP Billiton during the third quarter worth approximately $134,000. Acrospire Investment Management LLC raised its stake in shares of BHP Billiton by 127.3% during the second quarter. Acrospire Investment Management LLC now owns 4,285 shares of the mining company’s stock worth $153,000 after purchasing an additional 2,400 shares during the last quarter. Toronto Dominion Bank raised its stake in shares of BHP Billiton by 7.9% during the second quarter. Toronto Dominion Bank now owns 5,037 shares of the mining company’s stock worth $180,000 after purchasing an additional 368 shares during the last quarter. Sicart Associates LLC purchased a new stake in shares of BHP Billiton during the third quarter worth approximately $203,000. Finally, Bray Capital Advisors purchased a new stake in shares of BHP Billiton during the third quarter worth approximately $207,000. Institutional investors and hedge funds own 3.26% of the company’s stock.

Several equities research analysts have recently commented on the company. Cowen upped their price target on BHP Billiton from $45.00 to $52.00 and gave the stock a “market perform” rating in a research note on Wednesday. Zacks Investment Research upgraded BHP Billiton from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Tuesday. JPMorgan Chase & Co. upgraded BHP Billiton from an “underweight” rating to a “neutral” rating in a research note on Thursday, December 14th. Finally, ValuEngine cut BHP Billiton from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $38.66.

BHP Billiton Limited (BHP) opened at $49.67 on Friday. The stock has a market capitalization of $125,540.00, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 3.33 and a beta of 1.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.85 and a quick ratio of 1.53. BHP Billiton Limited has a 52-week low of $33.37 and a 52-week high of $49.81.

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BHP Billiton Profile

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.

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

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