BHP Group Limited Sponsored ADR (NYSE:BHP) Shares Purchased by Cohen Investment Advisors LLC

Cohen Investment Advisors LLC boosted its stake in BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) by 12.3% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,114 shares of the mining company's stock after buying an additional 6,166 shares during the quarter. Cohen Investment Advisors LLC's holdings in BHP Group were worth $2,724,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sterling Capital Management LLC lifted its stake in BHP Group by 1.4% in the 4th quarter. Sterling Capital Management LLC now owns 13,856 shares of the mining company's stock valued at $677,000 after buying an additional 195 shares in the last quarter. Invesco Ltd. lifted its stake in shares of BHP Group by 1.8% during the 4th quarter. Invesco Ltd. now owns 11,150 shares of the mining company's stock worth $544,000 after purchasing an additional 198 shares during the period. NBT Bank N A NY lifted its stake in shares of BHP Group by 10.1% during the 1st quarter. NBT Bank N A NY now owns 2,353 shares of the mining company's stock worth $114,000 after purchasing an additional 216 shares during the period. Wedmont Private Capital lifted its stake in shares of BHP Group by 4.2% during the 1st quarter. Wedmont Private Capital now owns 6,788 shares of the mining company's stock worth $307,000 after purchasing an additional 276 shares during the period. Finally, Gleason Group Inc. lifted its stake in shares of BHP Group by 2.0% during the 1st quarter. Gleason Group Inc. now owns 14,435 shares of the mining company's stock worth $701,000 after purchasing an additional 280 shares during the period. Hedge funds and other institutional investors own 3.79% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on BHP. Sanford C. Bernstein lowered BHP Group from an "outperform" rating to a "market perform" rating in a research report on Monday, May 19th. Argus lowered BHP Group from a "buy" rating to a "hold" rating in a research report on Friday, June 13th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $53.00.

BHP Group Trading Down 2.1%

Shares of BHP traded down $1.07 during trading hours on Monday, hitting $49.45. The stock had a trading volume of 3,536,981 shares, compared to its average volume of 2,651,279. BHP Group Limited Sponsored ADR has a 12-month low of $39.73 and a 12-month high of $63.21. The firm has a market cap of $125.39 billion, a P/E ratio of 11.24 and a beta of 0.80. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.25 and a current ratio of 1.70. The company's fifty day simple moving average is $49.04 and its 200 day simple moving average is $48.88.

About BHP Group

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.