BHP Group Limited (NYSE:BHP) Shares Bought by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. lifted its stake in shares of BHP Group Limited (NYSE:BHP) by 9.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,352 shares of the mining company’s stock after buying an additional 393 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in BHP Group were worth $251,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in BHP. Allworth Financial LP lifted its stake in BHP Group by 12.7% in the fourth quarter. Allworth Financial LP now owns 1,441 shares of the mining company’s stock worth $98,000 after acquiring an additional 162 shares during the last quarter. Mutual Advisors LLC raised its holdings in shares of BHP Group by 3.1% in the 4th quarter. Mutual Advisors LLC now owns 5,541 shares of the mining company’s stock valued at $379,000 after purchasing an additional 165 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of BHP Group by 22.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 894 shares of the mining company’s stock worth $61,000 after purchasing an additional 165 shares during the last quarter. SVB Wealth LLC grew its stake in shares of BHP Group by 1.3% during the fourth quarter. SVB Wealth LLC now owns 13,040 shares of the mining company’s stock worth $891,000 after purchasing an additional 170 shares in the last quarter. Finally, Nichols & Pratt Advisers LLP MA increased its holdings in BHP Group by 0.3% in the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 56,019 shares of the mining company’s stock valued at $3,827,000 after buying an additional 175 shares during the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on BHP shares. Liberum Capital reaffirmed a “hold” rating on shares of BHP Group in a report on Tuesday, March 5th. Citigroup initiated coverage on BHP Group in a report on Friday, May 31st. They issued a “buy” rating for the company. Finally, Barclays reissued an “equal weight” rating on shares of BHP Group in a report on Thursday, May 30th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, BHP Group currently has a consensus rating of “Hold” and an average target price of $50.00.

BHP Group Stock Performance

Shares of BHP stock traded up $1.80 during mid-day trading on Wednesday, hitting $59.56. 1,861,725 shares of the stock were exchanged, compared to its average volume of 2,465,985. BHP Group Limited has a 12-month low of $54.28 and a 12-month high of $69.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.22 and a current ratio of 1.57. The stock’s fifty day simple moving average is $57.90 and its two-hundred day simple moving average is $59.65.

BHP Group Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.