Garner Asset Management Corp acquired a new stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,625 shares of the mining company's stock, valued at approximately $467,000.
Other institutional investors have also recently bought and sold shares of the company. WFA Asset Management Corp acquired a new stake in shares of BHP Group in the 1st quarter valued at about $26,000. Alpine Bank Wealth Management acquired a new stake in shares of BHP Group in the 1st quarter valued at about $27,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of BHP Group in the 1st quarter valued at about $32,000. Allianz SE acquired a new stake in BHP Group in the 4th quarter valued at approximately $51,000. Finally, Headlands Technologies LLC acquired a new stake in BHP Group in the 4th quarter valued at approximately $53,000. Institutional investors and hedge funds own 3.79% of the company's stock.
BHP Group Stock Performance
NYSE:BHP traded down $0.91 on Friday, hitting $53.17. The company's stock had a trading volume of 3,186,639 shares, compared to its average volume of 3,558,894. 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 stock has a fifty day moving average of $49.92 and a two-hundred day moving average of $49.19. The firm has a market capitalization of $134.83 billion, a P/E ratio of 12.08 and a beta of 0.80. BHP Group Limited Sponsored ADR has a one year low of $39.73 and a one year high of $63.21.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the company. Macquarie lowered BHP Group from an "outperform" rating to a "neutral" rating in a research report on Friday, July 18th. Sanford C. Bernstein cut BHP Group from an "outperform" rating to a "market perform" rating in a research report on Monday, May 19th. Argus cut BHP Group from a "buy" rating to a "hold" rating in a research report on Friday, June 13th. Finally, Berenberg Bank reissued a "sell" rating and set a $44.00 price target on shares of BHP Group in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $48.50.
Read Our Latest Report on BHP Group
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.
Featured Articles
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 Hold 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.
MarketBeat All Access