Union Bancaire Privee UBP SA Takes Position in BHP Group Limited (NYSE:BHP)

Union Bancaire Privee UBP SA bought a new position in BHP Group Limited (NYSE:BHP) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 975 shares of the mining company’s stock, valued at approximately $46,000.

Other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of BHP Group by 269.6% during the second quarter. AQR Capital Management LLC now owns 28,358 shares of the mining company’s stock worth $1,619,000 after purchasing an additional 20,685 shares in the last quarter. Creative Planning boosted its stake in BHP Group by 18.6% in the 2nd quarter. Creative Planning now owns 152,943 shares of the mining company’s stock worth $8,732,000 after purchasing an additional 23,965 shares during the period. NewEdge Advisors LLC raised its position in shares of BHP Group by 70.3% during the second quarter. NewEdge Advisors LLC now owns 74,424 shares of the mining company’s stock valued at $4,249,000 after buying an additional 30,714 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of BHP Group by 79.4% in the second quarter. Sunbelt Securities Inc. now owns 3,830 shares of the mining company’s stock worth $219,000 after buying an additional 1,695 shares in the last quarter. Finally, Granite Bay Wealth Management LLC bought a new position in shares of BHP Group during the second quarter worth $366,000. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on BHP. Jefferies Financial Group decreased their price target on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. StockNews.com lowered BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 18th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.00.

BHP Group Price Performance

BHP Group stock opened at $48.80 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70. BHP Group Limited has a twelve month low of $48.06 and a twelve month high of $63.21. The company’s 50-day moving average price is $50.46 and its 200-day moving average price is $53.72.

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.