5,847 Shares in BHP Group Limited (NYSE:BHP) Bought by BXM Wealth LLC

BXM Wealth LLC bought a new stake in BHP Group Limited (NYSE:BHP) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,847 shares of the mining company’s stock, valued at approximately $286,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BHP. XY Capital Ltd raised its holdings in shares of BHP Group by 503.6% during the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock valued at $57,245,000 after buying an additional 768,972 shares during the last quarter. Wellington Management Group LLP increased its position in BHP Group by 13.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after acquiring an additional 642,765 shares during the period. Fisher Asset Management LLC raised its stake in BHP Group by 3.0% during the 3rd quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock valued at $1,362,996,000 after acquiring an additional 633,290 shares in the last quarter. Mediolanum International Funds Ltd acquired a new position in BHP Group during the 3rd quarter worth $33,458,000. Finally, International Assets Investment Management LLC grew its stake in shares of BHP Group by 6,281.5% in the third quarter. International Assets Investment Management LLC now owns 444,664 shares of the mining company’s stock worth $276,180,000 after purchasing an additional 437,696 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on BHP. Jefferies Financial Group reduced their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a report on Monday, January 6th. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Trading Down 0.5 %

Shares of BHP stock opened at $51.57 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38. The stock has a 50-day simple moving average of $49.93 and a 200 day simple moving average of $53.26. BHP Group Limited has a fifty-two week low of $48.06 and a fifty-two week high of $63.21. The stock has a market capitalization of $130.78 billion, a P/E ratio of 11.56 and a beta of 0.95.

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.