Passumpsic Savings Bank acquired a new stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,458 shares of the mining company’s stock, valued at approximately $450,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Bailard Inc. grew its holdings in shares of BHP Group by 1.4% in the fourth quarter. Bailard Inc. now owns 12,395 shares of the mining company’s stock worth $748,000 after purchasing an additional 174 shares during the last quarter. Naviter Wealth LLC grew its holdings in shares of BHP Group by 0.4% in the third quarter. Naviter Wealth LLC now owns 50,715 shares of the mining company’s stock worth $2,827,000 after purchasing an additional 191 shares during the last quarter. Abel Hall LLC grew its holdings in shares of BHP Group by 2.9% in the third quarter. Abel Hall LLC now owns 7,466 shares of the mining company’s stock worth $416,000 after purchasing an additional 209 shares during the last quarter. Mutual Advisors LLC grew its holdings in shares of BHP Group by 3.0% in the third quarter. Mutual Advisors LLC now owns 7,371 shares of the mining company’s stock worth $408,000 after purchasing an additional 216 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in shares of BHP Group by 16.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,628 shares of the mining company’s stock worth $98,000 after purchasing an additional 228 shares during the last quarter. 3.79% of the stock is currently owned by institutional investors.
BHP Group Price Performance
Shares of BHP Group stock opened at $84.40 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. BHP Group Limited Sponsored ADR has a 1 year low of $45.74 and a 1 year high of $91.45. The firm’s 50-day moving average is $76.24 and its two-hundred day moving average is $68.15.
BHP Group Dividend Announcement
Wall Street Analyst Weigh In
BHP has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of BHP Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Zacks Research cut shares of BHP Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. The Goldman Sachs Group upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Monday, April 13th. Finally, Berenberg Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $62.33.
Get Our Latest Research Report on BHP Group
About BHP Group
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.
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