Rockefeller Capital Management L.P. Has $25.23 Million Stake in BHP Group Limited Sponsored ADR $BHP

Rockefeller Capital Management L.P. increased its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 36.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 417,845 shares of the mining company’s stock after buying an additional 111,967 shares during the period. Rockefeller Capital Management L.P.’s holdings in BHP Group were worth $25,225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. AQR Capital Management LLC raised its position in shares of BHP Group by 230.0% in the 1st quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock valued at $1,546,000 after buying an additional 22,201 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in BHP Group by 20.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock valued at $660,000 after purchasing an additional 2,331 shares during the last quarter. Invesco Ltd. raised its holdings in BHP Group by 99.6% in the 2nd quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock valued at $601,000 after buying an additional 6,241 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 period. Finally, Guggenheim Capital LLC lifted its holdings in BHP Group by 13.0% during the 2nd quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock worth $803,000 after buying an additional 1,917 shares during the period. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Argus set a $95.00 price target on shares of BHP Group in a research report on Monday, April 27th. DZ Bank upgraded BHP Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research note on Monday, April 20th. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Monday, June 8th. Finally, Berenberg Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $69.50.

BHP Group Stock Down 2.5%

Shares of BHP Group stock opened at $85.71 on Tuesday. The company’s 50-day moving average price is $84.53 and its 200-day moving average price is $74.03. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28. BHP Group Limited Sponsored ADR has a 12-month low of $45.74 and a 12-month high of $93.83.

BHP Group Company 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.