Aaron Wealth Advisors LLC Has $679,000 Position in BHP Group Limited Sponsored ADR (NYSE:BHP)

Aaron Wealth Advisors LLC lifted its stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 5.6% during the first quarter, Holdings Channel.com reports. The firm owned 13,993 shares of the mining company’s stock after acquiring an additional 747 shares during the period. Aaron Wealth Advisors LLC’s holdings in BHP Group were worth $679,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Northern Trust Corp boosted its position in shares of BHP Group by 58.5% during the 4th quarter. Northern Trust Corp now owns 2,294,562 shares of the mining company’s stock worth $112,043,000 after purchasing an additional 846,963 shares in the last quarter. Marshall Wace LLP lifted its position in BHP Group by 16.9% in the 4th quarter. Marshall Wace LLP now owns 710,003 shares of the mining company’s stock valued at $34,669,000 after acquiring an additional 102,433 shares in the last quarter. Balyasny Asset Management L.P. lifted its position in BHP Group by 1,898.9% in the 4th quarter. Balyasny Asset Management L.P. now owns 707,405 shares of the mining company’s stock valued at $34,543,000 after acquiring an additional 672,016 shares in the last quarter. American Century Companies Inc. lifted its position in BHP Group by 9.7% in the 4th quarter. American Century Companies Inc. now owns 642,756 shares of the mining company’s stock valued at $31,386,000 after acquiring an additional 57,097 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in BHP Group in the 4th quarter valued at about $25,878,000. Institutional investors own 3.79% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on BHP. Argus cut shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Friday, June 13th. 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. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, BHP Group has an average rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Trading Up 4.1%

Shares of BHP stock opened at $50.67 on Thursday. The company has a 50 day moving average of $48.97 and a 200-day moving average of $48.89. The company has a quick ratio of 1.25, a current ratio of 1.70 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. The firm has a market cap of $128.49 billion, a P/E ratio of 11.52 and a beta of 0.80.

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.