Hantz Financial Services Inc. increased its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) by 76.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,872 shares of the mining company’s stock after purchasing an additional 29,735 shares during the quarter. Hantz Financial Services Inc.’s holdings in BHP Group were worth $4,158,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in BHP. AQR Capital Management LLC boosted its holdings in BHP Group by 230.0% during the first quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock worth $1,546,000 after purchasing an additional 22,201 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in BHP Group by 20.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock worth $660,000 after purchasing an additional 2,331 shares during the last quarter. Invesco Ltd. boosted its holdings in BHP Group by 99.6% during the second quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock worth $601,000 after purchasing an additional 6,241 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in BHP Group by 173.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company’s stock worth $182,000 after purchasing an additional 2,395 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its holdings in BHP Group by 13.0% during the second quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock worth $803,000 after purchasing an additional 1,917 shares during the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently commented on BHP shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BHP Group in a report on Friday, May 15th. Sanford C. Bernstein cut their price target on shares of BHP Group from $49.50 to $48.00 and set a “market perform” rating for the company in a research note on Monday, March 9th. Berenberg Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd. The Goldman Sachs Group upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Finally, Citigroup reiterated a “neutral” rating on shares of BHP Group in a research note on Monday, April 13th. 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. Based on data from MarketBeat.com, BHP Group presently has an average rating of “Hold” and a consensus price target of $62.33.
BHP Group Trading Up 0.0%
Shares of BHP stock opened at $84.63 on Tuesday. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average price of $77.55 and a two-hundred day moving average price of $69.31. BHP Group Limited Sponsored ADR has a one year low of $45.74 and a one year high of $91.45.
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.
See Also
- Five stocks we like better than BHP Group
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Want to see what other hedge funds are holding BHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report).
Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with MarketBeat.com's FREE daily email newsletter.
