Vise Technologies Inc. Has $2.25 Million Stake in BHP Group Limited Sponsored ADR $BHP

Vise Technologies Inc. grew its position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 49.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,241 shares of the mining company’s stock after buying an additional 12,275 shares during the quarter. Vise Technologies Inc.’s holdings in BHP Group were worth $2,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in BHP. SIH Partners LLLP raised its stake in shares of BHP Group by 937.5% in the 3rd quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock valued at $103,511,000 after acquiring an additional 1,677,739 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of BHP Group by 25.2% during the 3rd quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock worth $193,197,000 after purchasing an additional 697,316 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of BHP Group during the 3rd quarter worth approximately $27,234,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of BHP Group by 1,769.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 464,133 shares of the mining company’s stock worth $25,875,000 after purchasing an additional 439,304 shares in the last quarter. Finally, Norges Bank acquired a new stake in BHP Group in the 4th quarter valued at $25,436,000. 3.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

BHP has been the topic of several recent analyst reports. Berenberg Bank raised BHP Group from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of BHP Group in a research note on Monday, April 20th. Wall Street Zen raised BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Citigroup restated a “neutral” rating on shares of BHP Group in a research report on Monday, April 13th. Finally, The Goldman Sachs Group upgraded BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, BHP Group has a consensus rating of “Hold” and an average target price of $62.33.

BHP Group Trading Down 7.0%

NYSE BHP opened at $82.59 on Friday. The stock has a 50-day simple moving average of $81.16 and a 200 day simple moving average of $71.29. 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 Limited Sponsored ADR has a 12 month low of $45.74 and a 12 month high of $93.70.

BHP Group Company Profile

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.