Fisher Asset Management LLC Purchases 252,825 Shares of BHP Group Limited Sponsored ADR $BHP

Fisher Asset Management LLC boosted its position in BHP Group Limited Sponsored ADR (NYSE:BHP) by 1.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 23,402,474 shares of the mining company’s stock after purchasing an additional 252,825 shares during the period. Fisher Asset Management LLC’s holdings in BHP Group were worth $1,412,807,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BHP. AQR Capital Management LLC grew its position in shares of BHP Group by 230.0% during the 1st quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock valued at $1,546,000 after acquiring an additional 22,201 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of BHP Group by 20.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock valued at $660,000 after acquiring an additional 2,331 shares during the period. Invesco Ltd. grew its position in shares of BHP Group by 99.6% during the 2nd quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock valued at $601,000 after acquiring an additional 6,241 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of BHP Group by 173.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company’s stock valued at $182,000 after acquiring an additional 2,395 shares during the period. Finally, Guggenheim Capital LLC grew its position in shares of BHP Group by 13.0% during the 2nd quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock valued at $803,000 after acquiring an additional 1,917 shares during the period. 3.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of BHP Group in a research report on Monday, April 20th. Wall Street Zen raised shares of BHP Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Zacks Research downgraded shares of BHP Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Sanford C. Bernstein reduced their target price on shares of BHP Group from $49.50 to $48.00 and set a “market perform” rating for the company in a research report on Monday, March 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BHP Group in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $62.33.

BHP Group Stock Up 0.0%

Shares of BHP stock opened at $84.63 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. The firm’s 50 day moving average is $77.28 and its 200 day moving average is $69.10. BHP Group Limited Sponsored ADR has a 12 month low of $45.74 and a 12 month high of $91.45.

BHP Group 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.