Sivia Capital Partners LLC Increases Stake in BHP Group Limited (NYSE:BHP)

Sivia Capital Partners LLC boosted its stake in shares of BHP Group Limited (NYSE:BHPFree Report) by 84.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,551 shares of the mining company’s stock after purchasing an additional 2,990 shares during the period. Sivia Capital Partners LLC’s holdings in BHP Group were worth $320,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Barclays PLC grew its holdings in shares of BHP Group by 93.7% during the third quarter. Barclays PLC now owns 226,083 shares of the mining company’s stock valued at $14,042,000 after buying an additional 109,337 shares during the last quarter. FMR LLC lifted its position in BHP Group by 10.0% during the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock worth $89,092,000 after acquiring an additional 129,908 shares during the period. Charles Schwab Investment Management Inc. grew its stake in BHP Group by 17.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 153,170 shares of the mining company’s stock valued at $9,513,000 after purchasing an additional 22,677 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of BHP Group by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock valued at $37,271,000 after purchasing an additional 55,095 shares during the period. Finally, XY Capital Ltd raised its stake in shares of BHP Group by 503.6% in the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after purchasing an additional 768,972 shares during the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BHP. StockNews.com upgraded BHP Group from a “buy” rating to a “strong-buy” rating in a research report on Friday. Jefferies Financial Group dropped their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, January 6th. Sanford C. Bernstein raised shares of BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. Finally, Argus upgraded shares of BHP Group to a “strong-buy” rating in a research report on Thursday, September 19th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, BHP Group presently has an average rating of “Moderate Buy” and an average price target of $53.00.

Check Out Our Latest Analysis on BHP Group

BHP Group Price Performance

NYSE BHP traded up $0.56 during trading hours on Monday, reaching $49.10. The company’s stock had a trading volume of 1,698,842 shares, compared to its average volume of 2,331,911. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29. BHP Group Limited has a 1-year low of $48.06 and a 1-year high of $63.21. The company’s 50-day moving average is $51.53 and its two-hundred day moving average is $54.46. The firm has a market capitalization of $124.51 billion, a price-to-earnings ratio of 10.63 and a beta of 0.95.

About BHP Group

(Free Report)

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.

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

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