BHP Group Limited (NYSE:BHP) Stock Position Raised by Vicus Capital

Vicus Capital increased its position in shares of BHP Group Limited (NYSE:BHP) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 277,953 shares of the mining company’s stock after acquiring an additional 4,010 shares during the period. BHP Group comprises approximately 1.2% of Vicus Capital’s portfolio, making the stock its 20th biggest holding. Vicus Capital’s holdings in BHP Group were worth $13,572,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bleakley Financial Group LLC grew its position in shares of BHP Group by 4.1% in the third quarter. Bleakley Financial Group LLC now owns 5,101 shares of the mining company’s stock valued at $317,000 after purchasing an additional 203 shares during the last quarter. Huntington National Bank grew its position in shares of BHP Group by 17.5% in the third quarter. Huntington National Bank now owns 1,365 shares of the mining company’s stock valued at $85,000 after purchasing an additional 203 shares during the last quarter. Essex Savings Bank grew its position in shares of BHP Group by 3.0% in the fourth quarter. Essex Savings Bank now owns 7,483 shares of the mining company’s stock valued at $365,000 after purchasing an additional 219 shares during the last quarter. Pinnacle West Asset Management Inc. grew its position in shares of BHP Group by 2.8% in the third quarter. Pinnacle West Asset Management Inc. now owns 8,150 shares of the mining company’s stock valued at $506,000 after purchasing an additional 225 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position in BHP Group by 4.6% during the third quarter. First Horizon Advisors Inc. now owns 6,012 shares of the mining company’s stock worth $373,000 after buying an additional 263 shares in the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Jefferies Financial Group dropped their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.00.

BHP Group Stock Performance

Shares of BHP Group stock opened at $51.90 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. BHP Group Limited has a 52 week low of $48.06 and a 52 week high of $63.21. The firm has a fifty day moving average of $49.94 and a two-hundred day moving average of $53.27.

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, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.