O Shaughnessy Asset Management LLC Acquires 23,252 Shares of BHP Group Limited Sponsored ADR $BHP

O Shaughnessy Asset Management LLC lifted its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 207,441 shares of the mining company’s stock after purchasing an additional 23,252 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in BHP Group were worth $12,523,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Hilton Head Capital Partners LLC bought a new stake in shares of BHP Group in the fourth quarter worth $26,000. Sound Income Strategies LLC lifted its position in shares of BHP Group by 222.1% in the fourth quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock worth $27,000 after purchasing an additional 291 shares in the last quarter. JFS Wealth Advisors LLC lifted its position in shares of BHP Group by 68.9% in the third quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock worth $39,000 after purchasing an additional 284 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of BHP Group in the fourth quarter worth $39,000. Finally, Ameriflex Group Inc. lifted its position in shares of BHP Group by 100.0% in the third quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock worth $40,000 after purchasing an additional 359 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BHP. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BHP Group in a research report on Friday, May 15th. Berenberg Bank raised shares of BHP Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research report on Monday. Zacks Research lowered shares of BHP Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Finally, The Goldman Sachs Group raised shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $62.33.

BHP Group Stock Up 1.6%

Shares of BHP opened at $85.05 on Wednesday. The company’s 50-day moving average is $81.78 and its 200-day moving average is $71.84. BHP Group Limited Sponsored ADR has a fifty-two week low of $45.74 and a fifty-two week high of $93.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28.

BHP Group Company 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.