Hantz Financial Services Inc. Raises Position in BHP Group Limited Sponsored ADR $BHP

Hantz Financial Services Inc. grew its stake in BHP Group Limited Sponsored ADR (NYSE:BHP) by 316.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,137 shares of the mining company’s stock after purchasing an additional 29,735 shares during the quarter. Hantz Financial Services Inc.’s holdings in BHP Group were worth $2,182,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of BHP. Fisher Asset Management LLC lifted its stake in BHP Group by 1.9% during the 2nd quarter. Fisher Asset Management LLC now owns 22,842,252 shares of the mining company’s stock valued at $1,098,484,000 after acquiring an additional 429,330 shares in the last quarter. Norges Bank purchased a new stake in shares of BHP Group in the second quarter valued at about $20,262,000. Townsend & Associates Inc lifted its position in shares of BHP Group by 66.6% during the second quarter. Townsend & Associates Inc now owns 600,575 shares of the mining company’s stock valued at $31,921,000 after purchasing an additional 240,075 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in BHP Group by 119.3% during the second quarter. Ameriprise Financial Inc. now owns 424,361 shares of the mining company’s stock worth $20,408,000 after purchasing an additional 230,848 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in BHP Group by 48.2% during the second quarter. Franklin Resources Inc. now owns 383,043 shares of the mining company’s stock worth $18,421,000 after purchasing an additional 124,625 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

BHP Group Trading Down 4.3%

NYSE:BHP opened at $69.13 on Friday. BHP Group Limited Sponsored ADR has a 12 month low of $39.73 and a 12 month high of $74.98. The company has a quick ratio of 1.11, a current ratio of 1.46 and a debt-to-equity ratio of 0.43. The firm’s 50 day moving average is $62.91 and its 200 day moving average is $57.48.

Wall Street Analysts Forecast Growth

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

BHP Group Profile

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.