Evergreen Capital Management LLC Has $1.89 Million Stock Holdings in BHP Group Limited Sponsored ADR $BHP

Evergreen Capital Management LLC boosted its position in BHP Group Limited Sponsored ADR (NYSE:BHP) by 42.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,915 shares of the mining company’s stock after buying an additional 10,138 shares during the period. Evergreen Capital Management LLC’s holdings in BHP Group were worth $1,891,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Caldwell Trust Co bought a new stake in shares of BHP Group during the second quarter valued at approximately $31,000. Hilltop National Bank bought a new stake in BHP Group during the 2nd quarter valued at $32,000. Salomon & Ludwin LLC raised its holdings in BHP Group by 3,040.9% during the third quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock worth $38,000 after buying an additional 669 shares during the last quarter. True Wealth Design LLC lifted its stake in shares of BHP Group by 229.7% in the third quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock valued at $42,000 after buying an additional 526 shares in the last quarter. Finally, NewSquare Capital LLC grew its holdings in shares of BHP Group by 249.8% during the second quarter. NewSquare Capital LLC now owns 871 shares of the mining company’s stock valued at $42,000 after buying an additional 622 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

BHP Group Price Performance

Shares of BHP Group stock opened at $64.91 on Monday. The company has a current ratio of 1.46, a quick ratio of 1.11 and a debt-to-equity ratio of 0.43. The business’s fifty day simple moving average is $58.95 and its 200 day simple moving average is $55.82. BHP Group Limited Sponsored ADR has a 12 month low of $39.73 and a 12 month high of $66.51.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BHP shares. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Argus upgraded BHP Group from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a report on Tuesday, December 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BHP Group presently has an average rating of “Hold” and a consensus price target of $56.00.

BHP Group Company Profile

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.