BlueCrest Capital Management Ltd Acquires Shares of 12,541 BHP Group Limited Sponsored ADR $BHP

BlueCrest Capital Management Ltd bought a new position in BHP Group Limited Sponsored ADR (NYSE:BHP) in the 3rd quarter, Holdings Channel.com reports. The firm bought 12,541 shares of the mining company’s stock, valued at approximately $699,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BHP. Caldwell Trust Co acquired a new position in shares of BHP Group during the second quarter worth about $31,000. Salomon & Ludwin LLC lifted its position in BHP Group by 3,040.9% in the third quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock valued at $38,000 after purchasing an additional 669 shares during the period. JFS Wealth Advisors LLC lifted its position in BHP Group by 68.9% in 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. boosted its holdings in BHP Group by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock valued at $40,000 after purchasing an additional 359 shares in the last quarter. Finally, True Wealth Design LLC increased its position in BHP Group by 229.7% during the 3rd quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock worth $42,000 after purchasing an additional 526 shares during the period. Hedge funds and other institutional investors own 3.79% of the company’s stock.

BHP Group Price Performance

BHP Group stock opened at $68.77 on Friday. BHP Group Limited Sponsored ADR has a 52 week low of $39.73 and a 52 week high of $83.21. The firm’s 50-day simple moving average is $71.18 and its 200 day simple moving average is $61.51. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44.

BHP Group Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, March 6th will be issued a $1.46 dividend. This represents a dividend yield of 399.0%. The ex-dividend date of this dividend is Friday, March 6th.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BHP. Wall Street Zen raised BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BHP Group in a report on Wednesday, February 18th. Zacks Research upgraded BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Citigroup reissued a “neutral” rating on shares of BHP Group in a report on Tuesday, February 10th. Finally, Argus raised shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research note on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $53.33.

Key Stories Impacting BHP Group

Here are the key news stories impacting BHP Group this week:

• Positive Sentiment: China has eased a ban on BHP iron ore shipments for one week after Chinese steel mills rushed to buy, which can relieve near-term pressure on BHP’s seaborne iron-ore sales and spot pricing. China Eases Ban on BHP Iron Ore After Steel Mills Rush to Buy
• Neutral Sentiment: A BHP subsidiary participated in a ~CA$100m private placement in Faraday Copper, signaling continued strategic exposure to copper (electrification/energy transition metal) but with limited immediate balance-sheet or earnings impact for BHP. Faraday Copper (TSX:FDY) Valuation After CA$100m Private Placement With BHP And Lundin Participation
• Neutral Sentiment: Metal Logic bought Pilbara land near rail corridors used by BHP and peers for low-carbon steel ambitions — a local development that may alter regional demand dynamics over time but has no immediate material effect on BHP’s operations. Metal Logic Purchases Pilbara Site to Deploy Grade-Agnostic, Scalable Modular Clean Steel Smelter
• Negative Sentiment: The China easing appears temporary (one-week window per reports), highlighting persistent policy and regulatory risk in China that can quickly reverse demand flows and pressure BHP’s iron-ore revenue and sentiment. China eases BHP iron ore ban for one week, sources say

About BHP Group

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.