Comprehensive Money Management Services LLC acquired a new position in shares of BHP Group Limited (NYSE:BHP - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,176 shares of the mining company's stock, valued at approximately $302,000.
Several other institutional investors and hedge funds have also made changes to their positions in BHP. Sierra Ocean LLC acquired a new position in shares of BHP Group during the 4th quarter worth about $29,000. Union Bancaire Privee UBP SA acquired a new position in shares of BHP Group during the 4th quarter worth about $46,000. Allianz SE acquired a new position in shares of BHP Group during the 4th quarter worth about $51,000. Headlands Technologies LLC acquired a new position in shares of BHP Group during the 4th quarter worth about $53,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of BHP Group during the 4th quarter worth about $54,000. 3.79% of the stock is owned by institutional investors and hedge funds.
BHP Group Stock Performance
Shares of NYSE BHP traded down $0.25 during trading hours on Friday, reaching $49.02. The stock had a trading volume of 2,279,790 shares, compared to its average volume of 2,545,616. BHP Group Limited has a fifty-two week low of $39.73 and a fifty-two week high of $63.21. The firm has a 50-day moving average of $47.71 and a 200-day moving average of $49.44. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. The firm has a market cap of $124.30 billion, a price-to-earnings ratio of 11.14 and a beta of 0.86.
Analyst Ratings Changes
BHP has been the subject of several analyst reports. Clarkson Capital raised BHP Group to a "strong-buy" rating in a research report on Friday, February 28th. Sanford C. Bernstein cut BHP Group from an "outperform" rating to a "market perform" rating in a research report on Monday, May 19th. Finally, Wall Street Zen cut BHP Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $53.00.
Read Our Latest Analysis on BHP
About BHP Group
(
Free Report)
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.
Further Reading
Before you consider BHP Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BHP Group wasn't on the list.
While BHP Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
