Northcape Wealth Management LLC Has $2.12 Million Holdings in BHP Group Limited Sponsored ADR (NYSE:BHP)

Northcape Wealth Management LLC raised its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 7.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,616 shares of the mining company’s stock after buying an additional 2,932 shares during the quarter. Northcape Wealth Management LLC’s holdings in BHP Group were worth $2,117,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Fisher Asset Management LLC lifted its holdings in shares of BHP Group by 1.3% during the fourth quarter. Fisher Asset Management LLC now owns 22,225,134 shares of the mining company’s stock worth $1,085,253,000 after buying an additional 280,258 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of BHP Group by 58.5% during the fourth quarter. Northern Trust Corp now owns 2,294,562 shares of the mining company’s stock worth $112,043,000 after buying an additional 846,963 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of BHP Group by 16.9% during the fourth quarter. Marshall Wace LLP now owns 710,003 shares of the mining company’s stock worth $34,669,000 after buying an additional 102,433 shares during the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of BHP Group by 1,898.9% during the fourth quarter. Balyasny Asset Management L.P. now owns 707,405 shares of the mining company’s stock worth $34,543,000 after buying an additional 672,016 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of BHP Group by 9.7% in the fourth quarter. American Century Companies Inc. now owns 642,756 shares of the mining company’s stock valued at $31,386,000 after purchasing an additional 57,097 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Stock Performance

Shares of NYSE BHP opened at $48.67 on Friday. The business has a fifty day simple moving average of $48.88 and a 200 day simple moving average of $48.93. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $123.40 billion, a price-to-earnings ratio of 11.06 and a beta of 0.82. BHP Group Limited Sponsored ADR has a one year low of $39.73 and a one year high of $63.21.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Argus lowered BHP Group from a “buy” rating to a “hold” rating in a research note on Friday, June 13th. Sanford C. Bernstein lowered BHP Group from an “outperform” rating to a “market perform” rating in a research note on Monday, May 19th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $53.00.

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.