St. Louis Trust Co Invests $2.03 Million in BHP Group Limited Sponsored ADR $BHP

St. Louis Trust Co bought a new position in BHP Group Limited Sponsored ADR (NYSE:BHP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 33,687 shares of the mining company’s stock, valued at approximately $2,034,000.

Several other institutional investors and hedge funds have also modified their holdings of BHP. AQR Capital Management LLC boosted its holdings in shares of BHP Group by 230.0% in the 1st quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock worth $1,546,000 after acquiring an additional 22,201 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of BHP Group by 20.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock worth $660,000 after acquiring an additional 2,331 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of BHP Group by 99.6% in the 2nd quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock worth $601,000 after acquiring an additional 6,241 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of BHP Group by 173.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company’s stock worth $182,000 after acquiring an additional 2,395 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its holdings in shares of BHP Group by 13.0% in the 2nd quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock worth $803,000 after acquiring an additional 1,917 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group Trading Down 0.4%

NYSE:BHP opened at $84.63 on Friday. The stock’s fifty day moving average price is $77.28 and its two-hundred day moving average price is $69.01. BHP Group Limited Sponsored ADR has a 52-week low of $45.74 and a 52-week high of $91.45. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44.

Analyst Ratings Changes

Several research analysts have recently commented on BHP shares. Bank of America downgraded BHP Group from a “buy” rating to a “neutral” rating in a report on Friday. Wall Street Zen raised BHP Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Zacks Research downgraded BHP Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. Berenberg Bank raised BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Sanford C. Bernstein reduced their price objective on BHP Group from $49.50 to $48.00 and set a “market perform” rating on the stock in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $62.33.

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.