Sivia Capital Partners LLC Acquires 5,955 Shares of BHP Group Limited Sponsored ADR $BHP

Sivia Capital Partners LLC grew its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 132.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,441 shares of the mining company’s stock after acquiring an additional 5,955 shares during the period. Sivia Capital Partners LLC’s holdings in BHP Group were worth $630,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. SIH Partners LLLP increased its position in shares of BHP Group by 937.5% during the third quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock worth $103,511,000 after buying an additional 1,677,739 shares during the period. Bank of America Corp DE increased its position in shares of BHP Group by 25.2% during the third quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock worth $193,197,000 after buying an additional 697,316 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of BHP Group during the third quarter worth $27,234,000. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of BHP Group by 1,769.3% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 464,133 shares of the mining company’s stock worth $25,875,000 after buying an additional 439,304 shares during the period. Finally, Norges Bank acquired a new stake in shares of BHP Group during the fourth quarter worth $25,436,000. Institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

BHP has been the subject of a number of research reports. Wall Street Zen upgraded shares of BHP Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Berenberg Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a report on Monday, April 20th. DZ Bank upgraded shares of BHP Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Finally, Citigroup restated a “neutral” rating on shares of BHP Group in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $62.33.

BHP Group Stock Down 2.2%

NYSE:BHP opened at $88.84 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. The firm has a fifty day simple moving average of $80.91 and a two-hundred day simple moving average of $71.21. BHP Group Limited Sponsored ADR has a 12 month low of $45.74 and a 12 month high of $93.70.

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.