American Trust Investment Advisors LLC Buys Shares of 5,322 BHP Billiton Limited (BHP)

American Trust Investment Advisors LLC bought a new stake in shares of BHP Billiton Limited (NYSE:BHP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,322 shares of the mining company’s stock, valued at approximately $216,000.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE lifted its position in shares of BHP Billiton by 13.5% in the 2nd quarter. US Bancorp DE now owns 22,182 shares of the mining company’s stock valued at $790,000 after acquiring an additional 2,641 shares in the last quarter. Huntington National Bank lifted its position in shares of BHP Billiton by 25.3% in the 2nd quarter. Huntington National Bank now owns 2,837 shares of the mining company’s stock valued at $101,000 after acquiring an additional 572 shares in the last quarter. Parkwood LLC purchased a new stake in shares of BHP Billiton in the 2nd quarter valued at approximately $1,086,000. Cheyne Capital Management UK LLP purchased a new stake in shares of BHP Billiton in the 2nd quarter valued at approximately $12,505,000. Finally, Kornitzer Capital Management Inc. KS lifted its position in shares of BHP Billiton by 2.5% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 18,005 shares of the mining company’s stock valued at $641,000 after acquiring an additional 435 shares in the last quarter. 3.00% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently commented on BHP. Zacks Investment Research upgraded shares of BHP Billiton from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Cowen Inc set a $43.00 price objective on shares of BHP Billiton and gave the company a “hold” rating in a research note on Thursday, August 24th. ValuEngine lowered shares of BHP Billiton from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Exane BNP Paribas lowered shares of BHP Billiton from a “neutral” rating to an “underperform” rating in a research note on Thursday, September 7th. Finally, BNP Paribas lowered shares of BHP Billiton from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 6th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $36.52.

BHP Billiton Limited (NYSE BHP) opened at $42.71 on Monday. BHP Billiton Limited has a 12 month low of $33.37 and a 12 month high of $44.62. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 1.85.

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BHP Billiton Company 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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