Vanguard Personalized Indexing Management LLC Increases Stock Position in BHP Group Limited Sponsored ADR $BHP

Vanguard Personalized Indexing Management LLC boosted its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 24.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,979 shares of the mining company’s stock after buying an additional 22,388 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in BHP Group were worth $6,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in BHP. Caldwell Trust Co purchased a new stake in BHP Group during the 2nd quarter worth about $31,000. Hilltop National Bank bought a new stake in BHP Group during the 2nd quarter worth approximately $32,000. Salomon & Ludwin LLC boosted its holdings in BHP Group by 3,040.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock valued at $38,000 after purchasing an additional 669 shares during the period. NewSquare Capital LLC grew its position in shares of BHP Group by 249.8% during the 2nd quarter. NewSquare Capital LLC now owns 871 shares of the mining company’s stock valued at $42,000 after purchasing an additional 622 shares in the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of BHP Group by 229.7% in the third quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock worth $42,000 after purchasing an additional 526 shares during the period. 3.79% of the stock is owned by institutional investors.

BHP Group Stock Performance

NYSE BHP traded down $0.28 on Wednesday, hitting $70.21. The company’s stock had a trading volume of 912,062 shares, compared to its average volume of 3,990,457. The company has a current ratio of 1.46, a quick ratio of 1.11 and a debt-to-equity ratio of 0.43. BHP Group Limited Sponsored ADR has a 52-week low of $39.73 and a 52-week high of $70.79. The company’s 50-day simple moving average is $60.52 and its 200 day simple moving average is $56.61.

Analysts Set New Price Targets

A number of brokerages have weighed in on BHP. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, January 21st. Argus raised shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a report on Tuesday, December 30th. Finally, Zacks Research raised shares of BHP Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $56.00.

About BHP Group

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.