BHP Group Limited (NYSE:BHP) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in BHP Group Limited (NYSE:BHP) by 160.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,950 shares of the mining company’s stock after purchasing an additional 1,200 shares during the quarter. Deutsche Bank AG’s holdings in BHP Group were worth $95,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Sterling Capital Management LLC boosted its stake in BHP Group by 1.4% during the fourth quarter. Sterling Capital Management LLC now owns 13,856 shares of the mining company’s stock valued at $677,000 after buying an additional 195 shares in the last quarter. Invesco Ltd. raised its stake in shares of BHP Group by 1.8% in the 4th quarter. Invesco Ltd. now owns 11,150 shares of the mining company’s stock valued at $544,000 after acquiring an additional 198 shares in the last quarter. Kovack Advisors Inc. raised its stake in shares of BHP Group by 5.2% in the 4th quarter. Kovack Advisors Inc. now owns 4,353 shares of the mining company’s stock valued at $213,000 after acquiring an additional 215 shares in the last quarter. Passumpsic Savings Bank grew its holdings in BHP Group by 7.1% in the 4th quarter. Passumpsic Savings Bank now owns 4,873 shares of the mining company’s stock valued at $238,000 after buying an additional 325 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in BHP Group by 6.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,151 shares of the mining company’s stock valued at $252,000 after buying an additional 332 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

BHP Group Price Performance

NYSE:BHP opened at $48.58 on Wednesday. The firm has a market capitalization of $123.19 billion, a price-to-earnings ratio of 11.04 and a beta of 0.86. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. BHP Group Limited has a 12-month low of $39.73 and a 12-month high of $63.21. The stock’s 50 day moving average price is $47.68 and its two-hundred day moving average price is $49.42.

Wall Street Analysts Forecast Growth

BHP has been the topic of several recent research reports. Sanford C. Bernstein lowered BHP Group from an “outperform” rating to a “market perform” rating in a report on Monday, May 19th. Wall Street Zen downgraded BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 19th. Finally, Clarkson Capital upgraded BHP Group to a “strong-buy” rating in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “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.