Trade Report: The Signaturefd LLC invests in 1,485 by purchasing BHP Billiton Ltd. (BHP) shares

The Signaturefd LLC invests in 1,485 by purchasing BHP Billiton Ltd. (BHP) shares

Signaturefd LLC raised its stake in shares of BHP Billiton Ltd. (NYSE:BHP) by 50.0% during the second quarter, Holdings Channel reports. The fund owned 4,454 shares of the mining company’s stock after buying an additional 1,485 shares during the period. Signaturefd LLC’s holdings in BHP Billiton were worth $127,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Bessemer Group Inc. increased its position in shares of BHP Billiton by 38.6% in the first quarter. Bessemer Group Inc. now owns 4,150 shares of the mining company’s stock valued at $108,000 after buying an additional 1,155 shares during the period. Manchester Capital Management LLC increased its position in shares of BHP Billiton by 1.3% in the second quarter. Manchester Capital Management LLC now owns 4,896 shares of the mining company’s stock valued at $140,000 after buying an additional 61 shares during the period. NINE MASTS CAPITAL Ltd purchased a new position in shares of BHP Billiton during the first quarter valued at approximately $142,000. Carroll Financial Associates Inc. increased its position in shares of BHP Billiton by 2.0% in the second quarter. Carroll Financial Associates Inc. now owns 5,014 shares of the mining company’s stock valued at $143,000 after buying an additional 100 shares during the period. Finally, Financial Architects Inc increased its position in shares of BHP Billiton by 680.0% in the second quarter. Financial Architects Inc now owns 5,850 shares of the mining company’s stock valued at $167,000 after buying an additional 5,100 shares during the period. 4.59% of the stock is owned by institutional investors and hedge funds.

BHP Billiton Ltd. (NYSE:BHP) traded down 0.32% during trading on Monday, reaching $33.88. 2,877,894 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $32.53 and its 200 day moving average price is $29.68. The firm’s market cap is $90.16 billion. BHP Billiton Ltd. has a 52-week low of $18.46 and a 52-week high of $36.16.

The company also recently declared a semiannual dividend, which was paid on Tuesday, September 20th. Shareholders of record on Friday, September 2nd were paid a $0.28 dividend. This represents a yield of 1.72%. The ex-dividend date of this dividend was Wednesday, August 31st.

Several brokerages recently commented on BHP. Barclays PLC reiterated a “hold” rating on shares of BHP Billiton in a report on Saturday, October 8th. JPMorgan Chase & Co. upgraded shares of BHP Billiton from an “underweight” rating to a “neutral” rating in a report on Wednesday, July 6th. Macquarie upgraded shares of BHP Billiton from an “underperform” rating to a “neutral” rating in a report on Tuesday, August 16th. Citigroup Inc. downgraded shares of BHP Billiton from a “neutral” rating to a “sell” rating in a report on Wednesday, October 12th. Finally, Zacks Investment Research downgraded shares of BHP Billiton from a “buy” rating to a “hold” rating in a report on Friday, August 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company’s stock. BHP Billiton currently has a consensus rating of “Hold” and an average price target of $29.34.

BHP Billiton Company Profile

BHP Billiton Limited is a global resources company. The Company is engaged in exploration, development, production, processing and marketing of minerals, such as iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash. It is also engaged in exploration, development, production and marketing of conventional and unconventional oil and gas.

Related posts

Leave a Comment