Sowell Financial Services LLC Buys Shares of 5,778 BHP Group Limited Sponsored ADR (NYSE:BHP)

Sowell Financial Services LLC acquired a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,778 shares of the mining company's stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BHP. Deutsche Bank AG increased its position in shares of BHP Group by 160.0% in the fourth quarter. Deutsche Bank AG now owns 1,950 shares of the mining company's stock worth $95,000 after acquiring an additional 1,200 shares in the last quarter. Principal Securities Inc. grew its position in BHP Group by 15.4% during the 4th quarter. Principal Securities Inc. now owns 7,809 shares of the mining company's stock worth $381,000 after purchasing an additional 1,043 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in BHP Group by 15.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,382 shares of the mining company's stock worth $702,000 after purchasing an additional 1,959 shares in the last quarter. Rhumbline Advisers grew its position 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 purchasing an additional 628 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in BHP Group by 8,705.8% during the 1st quarter. GAMMA Investing LLC now owns 140,717 shares of the mining company's stock worth $6,830,000 after purchasing an additional 139,119 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company's stock.

BHP Group Price Performance

Shares of BHP Group stock traded up $0.68 on Monday, hitting $46.82. 3,848,714 shares of the company traded hands, compared to its average volume of 2,581,771. The company has a 50-day moving average price of $48.75 and a 200 day moving average price of $49.09. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. BHP Group Limited Sponsored ADR has a 12-month low of $39.73 and a 12-month high of $63.21.

Analyst Ratings Changes

Several research firms have weighed in on BHP. Clarkson Capital upgraded shares of BHP Group to a "strong-buy" rating in a research report on Friday, February 28th. Sanford C. Bernstein cut shares of BHP Group from an "outperform" rating to a "market perform" rating in a research report on Monday, May 19th. Finally, Argus cut shares of 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $53.00.

BHP Group 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.