26,645 Shares in BHP Group Limited (NYSE:BHP) Purchased by Range Financial Group LLC

Range Financial Group LLC bought a new stake in BHP Group Limited (NYSE:BHP) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 26,645 shares of the mining company’s stock, valued at approximately $1,301,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Pinnacle West Asset Management Inc. grew its holdings in BHP Group by 2.6% during the 2nd quarter. Pinnacle West Asset Management Inc. now owns 7,925 shares of the mining company’s stock worth $452,000 after acquiring an additional 200 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in BHP Group by 4.1% in the third quarter. Bleakley Financial Group LLC now owns 5,101 shares of the mining company’s stock valued at $317,000 after buying an additional 203 shares during the last quarter. Huntington National Bank raised its stake in BHP Group by 17.5% in the third quarter. Huntington National Bank now owns 1,365 shares of the mining company’s stock valued at $85,000 after buying an additional 203 shares in the last quarter. Altman Advisors Inc. lifted its holdings in BHP Group by 1.0% during the 2nd quarter. Altman Advisors Inc. now owns 24,721 shares of the mining company’s stock worth $1,411,000 after buying an additional 242 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its position in shares of BHP Group by 4.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 6,012 shares of the mining company’s stock worth $373,000 after acquiring an additional 263 shares in the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BHP has been the subject of several research analyst reports. Sanford C. Bernstein upgraded shares of BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. Jefferies Financial Group decreased their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research note on Monday. Argus upgraded BHP Group to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, StockNews.com raised BHP Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Trading Down 0.6 %

NYSE:BHP traded down $0.27 during mid-day trading on Tuesday, reaching $48.22. The company’s stock had a trading volume of 1,800,067 shares, compared to its average volume of 2,541,569. BHP Group Limited has a twelve month low of $48.10 and a twelve month high of $66.13. The company’s fifty day simple moving average is $52.14 and its two-hundred day simple moving average is $54.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29. The stock has a market cap of $122.27 billion, a P/E ratio of 10.44 and a beta of 0.95.

About BHP Group

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.