Jackson Hole Capital Partners LLC Has $913,000 Stock Position in BHP Group Limited Sponsored ADR (NYSE:BHP)

Jackson Hole Capital Partners LLC increased its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) by 43.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,804 shares of the mining company's stock after purchasing an additional 5,704 shares during the quarter. Jackson Hole Capital Partners LLC's holdings in BHP Group were worth $913,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. WFA Asset Management Corp acquired a new stake in shares of BHP Group during the first quarter valued at approximately $26,000. Alpine Bank Wealth Management acquired a new stake in shares of BHP Group during the first quarter valued at approximately $27,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of BHP Group during the first quarter valued at approximately $32,000. Allianz SE acquired a new stake in shares of BHP Group during the fourth quarter valued at approximately $51,000. Finally, Headlands Technologies LLC acquired a new stake in shares of BHP Group during the fourth quarter valued at approximately $53,000. 3.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BHP shares. Berenberg Bank restated a "sell" rating and set a $44.00 price target on shares of BHP Group in a report on Thursday. Argus lowered shares of BHP Group from a "buy" rating to a "hold" rating in a 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. Finally, Macquarie downgraded shares of BHP Group from an "outperform" rating to a "neutral" rating in a research report on Friday, July 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, BHP Group has an average rating of "Hold" and an average target price of $48.50.

BHP Group Price Performance

Shares of BHP traded down $0.91 during trading hours on Friday, hitting $53.17. The stock had a trading volume of 3,186,639 shares, compared to its average volume of 3,558,894. BHP Group Limited Sponsored ADR has a 52 week low of $39.73 and a 52 week high of $63.21. The company's fifty day moving average is $49.92 and its two-hundred day moving average is $49.19. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.70 and a quick ratio of 1.25. The stock has a market capitalization of $134.83 billion, a price-to-earnings ratio of 12.08 and a beta of 0.80.

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.