BHP Billiton Limited (NYSE:BHP) was downgraded by research analysts at Jefferies Group from a “buy” rating to a “hold” rating in a research report issued on Wednesday, StockTargetPrices.com reports.
Other hedge funds and institutional investors have bought and sold shares of the company. Commerzbank Aktiengesellschaft FI boosted its position in BHP Billiton Limited by 1.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 72,367 shares of the mining company’s stock worth $1,864,000 after buying an additional 1,008 shares in the last quarter.
Source: The Hilltop News.