10,907 Shares in BHP Group Limited Sponsored ADR $BHP Acquired by Sigma Planning Corp

Sigma Planning Corp purchased a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,907 shares of the mining company’s stock, valued at approximately $793,000.

Other large investors have also modified their holdings of the company. Morgan Stanley increased its holdings in shares of BHP Group by 22.8% in the 4th quarter. Morgan Stanley now owns 13,800,183 shares of the mining company’s stock valued at $833,117,000 after acquiring an additional 2,562,747 shares during the period. SIH Partners LLLP grew its position in BHP Group by 937.5% during the 3rd quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock worth $103,511,000 after purchasing an additional 1,677,739 shares during the last quarter. Bank of Montreal Can grew its position in BHP Group by 264.4% during the 4th quarter. Bank of Montreal Can now owns 1,358,585 shares of the mining company’s stock worth $82,018,000 after purchasing an additional 985,794 shares during the last quarter. Bank of America Corp DE increased its stake in BHP Group by 25.2% in the third 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. Finally, Main Street Research LLC acquired a new position in BHP Group in the first quarter valued at $37,767,000. 3.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BHP shares. Bank of America lowered their price target on BHP Group from $93.00 to $91.00 and set a “neutral” rating on the stock in a report on Monday, June 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research note on Monday, April 20th. Argus set a $95.00 price objective on BHP Group in a research report on Monday, April 27th. Zacks Research upgraded BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Finally, Citigroup reissued a “neutral” rating on shares of BHP Group in a report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, BHP Group currently has a consensus rating of “Moderate Buy” and an average target price of $69.50.

BHP Group Stock Performance

Shares of NYSE:BHP opened at $80.72 on Monday. 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 52 week low of $49.68 and a 52 week high of $93.83. The company has a 50-day moving average price of $85.32 and a 200 day moving average price of $76.99.

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.