Ovata Capital Management Ltd boosted its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) by 103.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,187 shares of the mining company’s stock after purchasing an additional 23,500 shares during the period. BHP Group comprises 0.5% of Ovata Capital Management Ltd’s portfolio, making the stock its 25th biggest holding. Ovata Capital Management Ltd’s holdings in BHP Group were worth $2,806,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BHP. Sound Income Strategies LLC lifted its stake in BHP Group by 222.1% during the fourth quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock worth $27,000 after purchasing an additional 291 shares during the period. JFS Wealth Advisors LLC lifted its stake in BHP Group by 68.9% during the third quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock worth $39,000 after purchasing an additional 284 shares during the period. Eagle Bay Advisors LLC bought a new position in BHP Group during the fourth quarter worth about $39,000. Ameriflex Group Inc. lifted its stake in BHP Group by 100.0% during the third quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock worth $40,000 after purchasing an additional 359 shares during the period. Finally, Cary Street Partners Financial LLC bought a new position in BHP Group during the third quarter worth about $43,000. Institutional investors own 3.79% of the company’s stock.
BHP Group Stock Performance
NYSE:BHP opened at $88.84 on Friday. BHP Group Limited Sponsored ADR has a 1 year low of $45.74 and a 1 year high of $93.70. The firm has a 50 day moving average of $80.91 and a 200-day moving average of $71.21. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44.
Analyst Ratings Changes
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BHP Group Profile
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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