Caprock Group LLC Takes $1.96 Million Position in BHP Group Limited Sponsored ADR $BHP

Caprock Group LLC purchased a new position in BHP Group Limited Sponsored ADR (NYSE:BHP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,189 shares of the mining company’s stock, valued at approximately $1,963,000.

Several other institutional investors have also bought and sold shares of the business. Caldwell Trust Co purchased a new stake in shares of BHP Group during the 2nd quarter valued at about $31,000. Salomon & Ludwin LLC increased its stake 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 acquiring an additional 669 shares during the last quarter. NewSquare Capital LLC raised its position in 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 purchasing an additional 622 shares during the period. True Wealth Design LLC lifted its stake in shares of BHP Group by 229.7% in the 3rd quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock valued at $42,000 after purchasing an additional 526 shares during the last quarter. Finally, AlphaCore Capital LLC purchased a new position in shares of BHP Group in the 2nd quarter worth approximately $44,000. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

BHP has been the topic of several recent research reports. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Tuesday. Argus raised shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Tuesday, December 30th. Zacks Research raised shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a report on Wednesday, January 21st. Two equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $56.00.

BHP Group Stock Performance

BHP stock opened at $73.45 on Friday. BHP Group Limited Sponsored ADR has a 12 month low of $39.73 and a 12 month high of $75.14. The firm’s 50-day moving average is $64.78 and its 200 day moving average is $58.26. The company has a quick ratio of 1.11, a current ratio of 1.46 and a debt-to-equity ratio of 0.43.

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.