Cohen Investment Advisors LLC Has $2.72 Million Holdings in BHP Group Limited Sponsored ADR (NYSE:BHP)

Cohen Investment Advisors LLC boosted its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) by 12.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,114 shares of the mining company's stock after acquiring an additional 6,166 shares during the quarter. Cohen Investment Advisors LLC's holdings in BHP Group were worth $2,724,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in BHP. Rhumbline Advisers grew its holdings in BHP Group by 3.4% during the 4th quarter. Rhumbline Advisers now owns 18,846 shares of the mining company's stock worth $920,000 after acquiring an additional 628 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of BHP Group by 29.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,508 shares of the mining company's stock worth $269,000 after purchasing an additional 1,242 shares during the period. Jones Financial Companies Lllp lifted its position in shares of BHP Group by 34.0% in the 4th quarter. Jones Financial Companies Lllp now owns 30,114 shares of the mining company's stock worth $1,470,000 after purchasing an additional 7,641 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of BHP Group by 14.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 175,155 shares of the mining company's stock worth $8,553,000 after purchasing an additional 21,985 shares during the period. Finally, M&T Bank Corp lifted its position in shares of BHP Group by 2.2% in the 4th quarter. M&T Bank Corp now owns 16,251 shares of the mining company's stock worth $794,000 after purchasing an additional 346 shares during the period. 3.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

BHP Group Stock Down 0.6%

NYSE:BHP traded down $0.31 during trading hours on Friday, reaching $50.42. The company had a trading volume of 4,181,019 shares, compared to its average volume of 2,647,722. BHP Group Limited Sponsored ADR has a twelve month low of $39.73 and a twelve month high of $63.21. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. The firm has a market cap of $127.85 billion, a price-to-earnings ratio of 11.46 and a beta of 0.80. The business's 50-day simple moving average is $49.04 and its two-hundred day simple moving average is $48.88.

BHP Group Company Profile

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.