BHP Group Limited (NYSE:BHP) Shares Bought by Caprock Group LLC

Caprock Group LLC grew its position in BHP Group Limited (NYSE:BHP) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,553 shares of the mining company’s stock after purchasing an additional 2,223 shares during the quarter. Caprock Group LLC’s holdings in BHP Group were worth $1,590,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in BHP. Fisher Asset Management LLC increased its position in BHP Group by 3.0% during the 3rd quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock valued at $1,362,996,000 after buying an additional 633,290 shares in the last quarter. Wellington Management Group LLP raised its position in shares of BHP Group by 13.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after purchasing an additional 642,765 shares during the last quarter. FMR LLC boosted its stake in BHP Group by 10.0% in the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock worth $89,092,000 after purchasing an additional 129,908 shares in the last quarter. XY Capital Ltd grew its position in BHP Group by 503.6% during the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after purchasing an additional 768,972 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in BHP Group by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock valued at $37,271,000 after purchasing an additional 55,095 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Jefferies Financial Group lowered 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 note on Monday, January 6th. StockNews.com downgraded BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $53.00.

BHP Group Stock Performance

NYSE:BHP opened at $49.12 on Monday. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The company’s fifty day moving average price is $50.28 and its 200-day moving average price is $53.57. BHP Group Limited has a 1-year low of $48.06 and a 1-year high of $63.21.

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.