Passumpsic Savings Bank Increases Stock Holdings in BHP Group Limited (NYSE:BHP)

Passumpsic Savings Bank boosted its holdings in shares of BHP Group Limited (NYSE:BHP) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,873 shares of the mining company’s stock after acquiring an additional 325 shares during the quarter. Passumpsic Savings Bank’s holdings in BHP Group were worth $238,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Fisher Asset Management LLC boosted its holdings in BHP Group by 3.0% during the 3rd quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock valued at $1,362,996,000 after acquiring an additional 633,290 shares during the period. Wellington Management Group LLP boosted its holdings in BHP Group by 13.0% during the 3rd quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after acquiring an additional 642,765 shares during the period. FMR LLC boosted its holdings in BHP Group by 10.0% during the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after acquiring an additional 129,908 shares during the period. XY Capital Ltd raised its position in BHP Group by 503.6% during the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock valued at $57,245,000 after purchasing an additional 768,972 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in BHP Group by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock valued at $37,271,000 after purchasing an additional 55,095 shares in the last quarter. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

BHP has been the subject of a number of research analyst reports. StockNews.com lowered BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Jefferies Financial Group decreased their target price on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Three 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Stock Down 1.3 %

Shares of NYSE BHP opened at $51.42 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. BHP Group Limited has a twelve month low of $48.06 and a twelve month high of $63.21. The business has a fifty day simple moving average of $49.80 and a two-hundred day simple moving average of $53.15.

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.