Baader Bank Aktiengesellschaft Buys 1,970 Shares of BHP Group Limited (NYSE:BHP)

Baader Bank Aktiengesellschaft grew its stake in BHP Group Limited (NYSE:BHP) by 25.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,785 shares of the mining company’s stock after purchasing an additional 1,970 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in BHP Group were worth $477,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. R Squared Ltd acquired a new stake in BHP Group during the 4th quarter worth approximately $317,000. Union Bancaire Privee UBP SA acquired a new stake in shares of BHP Group during the fourth quarter worth $46,000. Blue Trust Inc. boosted its position in shares of BHP Group by 46.9% in the fourth quarter. Blue Trust Inc. now owns 22,469 shares of the mining company’s stock valued at $1,097,000 after acquiring an additional 7,174 shares during the period. Kingswood Wealth Advisors LLC grew its stake in shares of BHP Group by 15.2% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 4,171 shares of the mining company’s stock valued at $204,000 after acquiring an additional 551 shares in the last quarter. Finally, Jamison Private Wealth Management Inc. increased its position in BHP Group by 1.0% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 80,185 shares of the mining company’s stock worth $3,915,000 after acquiring an additional 825 shares during the period. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on BHP shares. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Friday. Jefferies Financial Group lowered their price objective on BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Price Performance

Shares of NYSE:BHP opened at $49.75 on Friday. The firm has a 50 day moving average of $50.39 and a 200-day moving average of $53.68. BHP Group Limited has a 12 month low of $48.06 and a 12 month high of $63.21. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $126.14 billion, a PE ratio of 11.15 and a beta of 0.95.

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.