During the third quarter, Guardian Wealth Advisors LLC acquired a new position in BHP Group Limited (NYSE: BHP), as stated in the company’s most recent Form 13F filing with the SEC.
This data was extracted from the most recent quarterly report provided by the company.
The investment fund used approximately 118,500 dollars to purchase 2,351 shares in the mining company.
Recent transactions have resulted in several additional institutional investors and hedge funds modifying the proportion of BHP stock they currently own. Fairfield Bush & Co increased the proportion of BHP Group stock owned by 1.1% over the year’s first three months.
As a result of the acquisition of an additional 211 shares during the most recent fiscal quarter, Fairfield Bush & Co now has 19,463 shares of the stock held by the mining business.
The stock possesses a value of $1,504,000 and a market price of $1.50 per share.
The Bank of New York Mellon Corporation increased the amount of BHP Group stock owned by 70.0% during the first three months of 2018. Following acquiring an additional 32,699 shares of the mining company’s stock during the preceding quarter, the Bank of New York Mellon Corp. now holds 79,400 shares of the company’s stock.
The stock’s current market value is $6,135,000.
A 62.9% increase in Private Advisor Group LLC’s investment stake in BHP Group occurred during the first three months of 2018.
During the most recent quarter, Private Advisor Group LLC increased its stake in the mining company by 3,424 shares, bringing its total number of shares owned to 8,865, with a market value of $685,000.
In the first three months of 2018, BlackRock INC increased the percentage of BHP Group in which it had a stake by 18.5%.
BlackRock INC now has a total of 1,821,564 shares of the mining company’s stock after purchasing an additional 283,915 shares during the most recent quarter.
The stock has an estimated $140,716,000, and BlackRock INC now owns all these shares.
Last but not least, during the first quarter of 2018, Yousif Capital Management LLC made a 71.7% increase in the amount of BHP Group stock it owned, bringing the total percentage of the company’s stock it owned to 100%. Yousif Capital Management LLC now has 39,175 shares of the mining company’s stock, valued at $3,026,000, after purchasing an additional 16,359 shares during the preceding quarter.
These shares were acquired for a total cost of $3,026,000. 5.90% of the company’s shares are held in institutional ownership.
On Friday, trading began for NYSE: BHP for $66.68.
The moving averages for the past 50 days at the company are $65.36, and the moving averages for the last 200 days are $57.59, respectively.
BHP Group Limited hit a low of $46.22 over the past year, while the company’s stock reached a high of $79.66 over the same period.
A debt-to-equity ratio comes in at 0.28; a quick ratio comes in at 1.40; a current ratio comes in at 1.69; and a quick ratio comes in at 1.40.
Recent analyst research has focused on BHP, resulting in multiple investigations into the company.
As a result of the recent increase in the price of the stock, Deutsche Bank Aktiengesellschaft raised their price objective on shares of BHP Group from GBX 2,200 ($26.45) to GBX 2,300 ($27.65) and published the news in a research note that was made public on Tuesday, January 10.
After having previously recommended that investors “hold” shares of BHP Group, Berenberg Bank advised investors to “buy” rather than “hold” those shares in a research note that was published on Thursday, January 12.
Barclays increased their price objective for BHP Group shares on Friday, October 21, in a released research note.
The new price objective is GBX 2,250 ($27.05), which is an increase from the previous price objective of GBX 2,200 ($26.45). UBS Group moved their rating for BHP Group from “neutral” to “sell” in a research note published on Tuesday, December 13.
Last but not least, The Goldman Sachs Group lowered its rating on BHP Group shares from “buy” to “neutral” in a research note published on Thursday, November 24.
A total of five different ratings have been assigned to the company by research analysts.
These ratings are: sell from three, hold from three, buy from four, and strong buy from one.
It has been determined that the price target for the company should be set at $2,097.75, and the current consensus recommendation for the company is “Hold.” The data for this statement was obtained from Bloomberg.com.
The raw materials mined, developed, produced, and refined by the business known as BHP Group Ltd are metallurgical coal, copper, and iron ore.
In addition to producing petrochemicals, it produces copper, iron ore, and coal.
The exploration, development, and production of oil and gas are all made possible by petroleum.
Petroleum also enables the discovery of oil and gas.
During the mining process, in addition to recovering copper, it is possible to recover other metals such as silver, lead, zinc, molybdenum, uranium, and even gold.
Are you interested in learning the names of the other hedge funds that hold positions in BHP? By going to HoldingsChannel.com, you can review the most recent 13F filings and insider transactions for BHP Group Limited (NYSE: BHP).
