St. Louis Trust Co Takes $2.03 Million Position in BHP Group Limited Sponsored ADR $BHP

St. Louis Trust Co purchased a new stake in BHP Group Limited Sponsored ADR (NYSE:BHPFree Report) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 33,687 shares of the mining company’s stock, valued at approximately $2,034,000.

A number of other large investors also recently made changes to their positions in the stock. Fisher Asset Management LLC lifted its stake in shares of BHP Group by 1.3% in the 3rd quarter. Fisher Asset Management LLC now owns 23,149,649 shares of the mining company’s stock valued at $1,290,593,000 after purchasing an additional 307,397 shares during the period. Bank of America Corp DE lifted its stake in shares of BHP Group by 25.2% in the 3rd quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock valued at $193,197,000 after purchasing an additional 697,316 shares during the period. Northern Trust Corp lifted its stake in shares of BHP Group by 5.3% in the 3rd quarter. Northern Trust Corp now owns 2,443,560 shares of the mining company’s stock valued at $136,228,000 after purchasing an additional 123,382 shares during the period. SIH Partners LLLP lifted its stake in shares of BHP Group by 937.5% in the 3rd quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock valued at $103,511,000 after purchasing an additional 1,677,739 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of BHP Group by 18.3% in the 3rd quarter. American Century Companies Inc. now owns 920,304 shares of the mining company’s stock valued at $51,307,000 after purchasing an additional 142,060 shares during the period. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Trading Down 0.4%

BHP opened at $84.63 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. BHP Group Limited Sponsored ADR has a 12 month low of $45.74 and a 12 month high of $91.45. The company has a fifty day simple moving average of $77.28 and a 200 day simple moving average of $69.01.

Wall Street Analysts Forecast Growth

BHP has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BHP Group in a research note on Friday, May 15th. Sanford C. Bernstein cut their price target on BHP Group from $49.50 to $48.00 and set a “market perform” rating on the stock in a research note on Monday, March 9th. Bank of America cut shares of BHP Group from a “buy” rating to a “neutral” rating in a research report on Friday. Zacks Research cut shares of BHP Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Finally, The Goldman Sachs Group upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BHP Group has a consensus rating of “Hold” and an average price target of $62.33.

Read Our Latest Analysis on BHP

BHP Group Profile

(Free Report)

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.

See Also

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

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