BHP Group Limited (NYSE:BHP) Stock Position Decreased by Captrust Financial Advisors

Captrust Financial Advisors decreased its position in BHP Group Limited (NYSE:BHP) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 158,810 shares of the mining company’s stock after selling 1,789 shares during the quarter. Captrust Financial Advisors’ holdings in BHP Group were worth $9,864,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. grew its position in BHP Group by 4.2% in the third quarter. Rockefeller Capital Management L.P. now owns 313,329 shares of the mining company’s stock worth $19,459,000 after acquiring an additional 12,688 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of BHP Group by 42.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,169 shares of the mining company’s stock valued at $73,000 after purchasing an additional 351 shares during the last quarter. FORA Capital LLC bought a new stake in BHP Group in the third quarter worth $4,126,000. Bridgewater Associates LP acquired a new position in BHP Group during the third quarter worth $2,980,000. Finally, Townsquare Capital LLC bought a new position in BHP Group during the third quarter valued at about $227,000. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

BHP has been the topic of a number of analyst reports. Sanford C. Bernstein raised BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. Argus raised shares of BHP Group to a “strong-buy” rating in a research report on Thursday, September 19th. StockNews.com raised shares of BHP Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Finally, Jefferies Financial Group downgraded shares of BHP Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $72.00 to $68.00 in a report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $68.00.

BHP Group Price Performance

Shares of BHP stock opened at $52.65 on Monday. BHP Group Limited has a 12 month low of $50.90 and a 12 month high of $69.11. 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 50 day moving average of $56.28 and a 200-day moving average of $56.17.

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.