CW Advisors LLC Purchases Shares of 10,074 BHP Group Limited Sponsored ADR $BHP

CW Advisors LLC acquired a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,074 shares of the mining company’s stock, valued at approximately $484,000.

Several other hedge funds also recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in BHP Group by 43.0% during the first quarter. Goldman Sachs Group Inc. now owns 4,951,258 shares of the mining company’s stock worth $240,334,000 after acquiring an additional 1,490,012 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of BHP Group during the 2nd quarter worth approximately $68,953,000. Fisher Asset Management LLC boosted its holdings in shares of BHP Group by 1.9% in the 2nd quarter. Fisher Asset Management LLC now owns 22,842,252 shares of the mining company’s stock valued at $1,098,484,000 after buying an additional 429,330 shares during the last quarter. Norges Bank bought a new position in shares of BHP Group in the second quarter valued at $20,262,000. Finally, Townsend & Associates Inc increased its holdings in BHP Group by 66.6% during the second quarter. Townsend & Associates Inc now owns 600,575 shares of the mining company’s stock worth $31,921,000 after buying an additional 240,075 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BHP. Citigroup reissued a “neutral” rating on shares of BHP Group in a research report on Wednesday, August 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, BHP Group has an average rating of “Hold” and an average target price of $48.50.

BHP Group Stock Up 1.1%

Shares of NYSE BHP opened at $58.99 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.46 and a debt-to-equity ratio of 0.43. The stock’s fifty day moving average price is $55.76 and its two-hundred day moving average price is $53.29. BHP Group Limited Sponsored ADR has a one year low of $39.73 and a one year high of $59.86.

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.