BHP Group Limited Sponsored ADR (NYSE:BHP) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 9.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,124 shares of the mining company’s stock after acquiring an additional 2,333 shares during the period. Oppenheimer & Co. Inc.’s holdings in BHP Group were worth $1,317,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BHP. Sterling Capital Management LLC grew its stake in BHP Group by 1.4% in the fourth quarter. Sterling Capital Management LLC now owns 13,856 shares of the mining company’s stock worth $677,000 after purchasing an additional 195 shares in the last quarter. Invesco Ltd. grew its stake in BHP Group by 1.8% in the fourth quarter. Invesco Ltd. now owns 11,150 shares of the mining company’s stock worth $544,000 after purchasing an additional 198 shares in the last quarter. Kovack Advisors Inc. grew its stake in BHP Group by 5.2% in the fourth quarter. Kovack Advisors Inc. now owns 4,353 shares of the mining company’s stock worth $213,000 after purchasing an additional 215 shares in the last quarter. NBT Bank N A NY grew its stake in BHP Group by 10.1% in the first quarter. NBT Bank N A NY now owns 2,353 shares of the mining company’s stock worth $114,000 after purchasing an additional 216 shares in the last quarter. Finally, Wedmont Private Capital grew its stake in BHP Group by 4.2% in the first quarter. Wedmont Private Capital now owns 6,788 shares of the mining company’s stock worth $307,000 after purchasing an additional 276 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Trading Up 0.7%

NYSE BHP opened at $48.67 on Friday. BHP Group Limited Sponsored ADR has a 1-year low of $39.73 and a 1-year high of $63.21. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $123.40 billion, a PE ratio of 11.06 and a beta of 0.82. The firm’s fifty day simple moving average is $48.88 and its 200-day simple moving average is $48.93.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Argus cut BHP Group from a “buy” rating to a “hold” rating in a report on Friday, June 13th. Sanford C. Bernstein cut BHP Group from an “outperform” rating to a “market perform” rating in a report on Monday, May 19th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $53.00.

BHP Group Company 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.