BHP Group Ltd (NYSE:BHP) Shares Purchased by Wright Investors Service Inc.

Wright Investors Service Inc. grew its stake in shares of BHP Group Ltd (NYSE:BHP) by 7.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,775 shares of the mining company’s stock after acquiring an additional 848 shares during the quarter. Wright Investors Service Inc.’s holdings in BHP Group were worth $742,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Flagship Harbor Advisors LLC increased its holdings in BHP Group by 28.4% in the 1st quarter. Flagship Harbor Advisors LLC now owns 2,431 shares of the mining company’s stock worth $132,000 after buying an additional 538 shares during the period. Neuberger Berman Group LLC acquired a new position in BHP Group in the 1st quarter worth approximately $56,537,000. Enterprise Financial Services Corp increased its holdings in BHP Group by 156.9% in the 1st quarter. Enterprise Financial Services Corp now owns 2,530 shares of the mining company’s stock worth $138,000 after buying an additional 1,545 shares during the period. Liberty Wealth Management LLC increased its holdings in BHP Group by 3,720.0% in the 2nd quarter. Liberty Wealth Management LLC now owns 573 shares of the mining company’s stock worth $30,000 after buying an additional 558 shares during the period. Finally, Coastline Trust Co increased its holdings in BHP Group by 5.6% in the 1st quarter. Coastline Trust Co now owns 9,180 shares of the mining company’s stock worth $501,000 after buying an additional 490 shares during the period. Hedge funds and other institutional investors own 3.61% of the company’s stock.

BHP Group stock traded up $0.01 during mid-day trading on Thursday, hitting $49.18. The company had a trading volume of 184,157 shares, compared to its average volume of 1,858,427. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.55 and a quick ratio of 2.16. BHP Group Ltd has a 12-month low of $43.19 and a 12-month high of $59.02. The firm’s fifty day moving average is $55.55. The stock has a market cap of $79.08 billion, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 2.72 and a beta of 0.82.

Several equities analysts recently weighed in on BHP shares. ValuEngine downgraded shares of BHP Group from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. UBS Group downgraded shares of BHP Group from a “buy” rating to a “neutral” rating in a report on Monday, April 22nd. JPMorgan Chase & Co. upgraded shares of BHP Group from an “underweight” rating to a “neutral” rating in a report on Friday, July 12th. Jefferies Financial Group downgraded shares of BHP Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Citigroup downgraded shares of BHP Group from a “buy” rating to a “neutral” rating in a report on Wednesday, May 1st. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. BHP Group currently has a consensus rating of “Hold” and a consensus target price of $64.00.

BHP Group Profile

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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Institutional Ownership by Quarter for BHP Group (NYSE:BHP)

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