TT Capital Management LLC Acquires 1,100 Shares of BHP Group Limited Sponsored ADR (NYSE:BHP)

TT Capital Management LLC increased its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 25.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,427 shares of the mining company’s stock after acquiring an additional 1,100 shares during the quarter. TT Capital Management LLC’s holdings in BHP Group were worth $263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. WFA Asset Management Corp bought a new position in shares of BHP Group in the 1st quarter worth about $26,000. Compagnie Lombard Odier SCmA purchased a new stake in BHP Group during the 1st quarter valued at about $32,000. Union Bancaire Privee UBP SA purchased a new stake in BHP Group during the 4th quarter valued at about $46,000. Allianz SE purchased a new stake in BHP Group during the 4th quarter valued at about $51,000. Finally, Headlands Technologies LLC purchased a new stake in BHP Group during the 4th quarter valued at about $53,000. 3.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BHP has been the topic of several recent analyst reports. Argus downgraded shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Friday, June 13th. Clarkson Capital raised shares of BHP Group to a “strong-buy” rating in a report on Friday, February 28th. Finally, Sanford C. Bernstein downgraded shares of 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 issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Stock Performance

Shares of NYSE BHP opened at $46.09 on Friday. The firm’s 50-day moving average price is $48.75 and its 200-day moving average price is $49.12. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. The company has a market cap of $116.88 billion, a PE ratio of 10.48 and a beta of 0.82. BHP Group Limited Sponsored ADR has a 52-week low of $39.73 and a 52-week high of $63.21.

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.