Bank of Montreal Can Boosts Holdings in BHP Billiton plc (BBL)

Bank of Montreal Can grew its holdings in BHP Billiton plc (NYSE:BBL) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,390 shares of the mining company’s stock after acquiring an additional 4,222 shares during the period. Bank of Montreal Can’s holdings in BHP Billiton were worth $2,514,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. HighTower Advisors LLC grew its stake in shares of BHP Billiton by 2.9% in the second quarter. HighTower Advisors LLC now owns 9,758 shares of the mining company’s stock worth $300,000 after acquiring an additional 275 shares in the last quarter. Griffin Asset Management Inc. acquired a new position in shares of BHP Billiton during the third quarter worth $383,000. Janus Henderson Group PLC grew its stake in shares of BHP Billiton by 20.3% during the second quarter. Janus Henderson Group PLC now owns 155,214 shares of the mining company’s stock worth $4,774,000 after purchasing an additional 26,200 shares in the last quarter. Aperio Group LLC grew its stake in shares of BHP Billiton by 20.3% during the third quarter. Aperio Group LLC now owns 20,345 shares of the mining company’s stock worth $721,000 after purchasing an additional 3,431 shares in the last quarter. Finally, Boothbay Fund Management LLC grew its stake in shares of BHP Billiton by 314.5% during the third quarter. Boothbay Fund Management LLC now owns 33,159 shares of the mining company’s stock worth $1,175,000 after purchasing an additional 25,159 shares in the last quarter. Institutional investors and hedge funds own 4.41% of the company’s stock.

BHP Billiton plc (BBL) opened at $41.28 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 1.85. The company has a market cap of $115,890.00, a price-to-earnings ratio of 18.68, a P/E/G ratio of 2.35 and a beta of 1.16. BHP Billiton plc has a 12 month low of $28.73 and a 12 month high of $45.30.

BBL has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of BHP Billiton from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Tuesday, December 19th. Jefferies Group reiterated a “hold” rating and set a $40.00 target price on shares of BHP Billiton in a research note on Monday, January 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $45.00.

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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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