BHP Group Limited (NYSE:BHP) Shares Purchased by Burford Brothers Inc.

Burford Brothers Inc. grew its holdings in shares of BHP Group Limited (NYSE:BHP) by 3.6% during the 4th quarter, HoldingsChannel reports. The firm owned 9,926 shares of the mining company’s stock after buying an additional 341 shares during the period. Burford Brothers Inc.’s holdings in BHP Group were worth $485,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bleakley Financial Group LLC boosted its stake 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 period. Huntington National Bank boosted its position in BHP Group by 17.5% in the 3rd quarter. Huntington National Bank now owns 1,365 shares of the mining company’s stock valued at $85,000 after buying an additional 203 shares during the period. Essex Savings Bank boosted its position in BHP Group by 3.0% in the 4th quarter. Essex Savings Bank now owns 7,483 shares of the mining company’s stock valued at $365,000 after buying an additional 219 shares during the period. Pinnacle West Asset Management Inc. grew its stake 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 worth $506,000 after acquiring an additional 225 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of 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 acquiring an additional 263 shares during the period. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Stock Down 1.3 %

Shares of NYSE BHP opened at $49.12 on Monday. The business has a 50-day moving average of $50.28 and a two-hundred day moving average of $53.57. BHP Group Limited has a 1 year low of $48.06 and a 1 year high of $63.21. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

Wall Street Analyst Weigh In

Several research analysts recently commented on BHP shares. StockNews.com cut BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday. Jefferies Financial Group cut their target price on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Three equities research 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $53.00.

About BHP Group

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.