BHP Group Limited Sponsored ADR $BHP Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its stake in BHP Group Limited Sponsored ADR (NYSE:BHP) by 49.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,241 shares of the mining company’s stock after buying an additional 12,275 shares during the period. Vise Technologies Inc.’s holdings in BHP Group were worth $2,248,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BHP. Sound Income Strategies LLC increased its holdings in shares of BHP Group by 222.1% during the fourth quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock valued at $27,000 after purchasing an additional 291 shares during the period. Eagle Bay Advisors LLC acquired a new position in shares of BHP Group during the fourth quarter valued at $39,000. JFS Wealth Advisors LLC increased its holdings in shares of BHP Group by 68.9% during the third quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock valued at $39,000 after purchasing an additional 284 shares during the period. Ameriflex Group Inc. increased its holdings in shares of BHP Group by 100.0% during the third quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock valued at $40,000 after purchasing an additional 359 shares during the period. Finally, Addison Advisors LLC increased its holdings in shares of BHP Group by 31.8% during the fourth quarter. Addison Advisors LLC now owns 751 shares of the mining company’s stock valued at $45,000 after purchasing an additional 181 shares during the period. 3.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BHP. Bank of America lowered BHP Group from a “buy” rating to a “neutral” rating in a report on Friday, May 22nd. DZ Bank raised BHP Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of BHP Group in a report on Monday, April 20th. Berenberg Bank raised BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Sanford C. Bernstein decreased their target price on BHP Group from $49.50 to $48.00 and set a “market perform” rating for the company in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $62.33.

BHP Group Stock Down 7.0%

Shares of NYSE BHP opened at $82.59 on Friday. BHP Group Limited Sponsored ADR has a one year low of $45.74 and a one year high of $93.70. 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 business has a 50-day moving average price of $81.16 and a two-hundred day moving average price of $71.29.

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.