XTX Topco Ltd Buys New Position in BHP Group Limited Sponsored ADR $BHP

XTX Topco Ltd bought a new stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) in the second quarter, HoldingsChannel reports. The institutional investor bought 73,164 shares of the mining company’s stock, valued at approximately $3,518,000.

Several other institutional investors have also added to or reduced their stakes in the business. Costello Asset Management INC bought a new stake in shares of BHP Group during the 1st quarter valued at $26,000. Hilltop National Bank bought a new position in BHP Group in the 2nd quarter worth $32,000. NewSquare Capital LLC lifted its position in BHP Group by 249.8% during the second quarter. NewSquare Capital LLC now owns 871 shares of the mining company’s stock valued at $42,000 after purchasing an additional 622 shares in the last quarter. AlphaCore Capital LLC bought a new stake in BHP Group during the second quarter valued at about $44,000. Finally, Bell Investment Advisors Inc increased its position in BHP Group by 1,062.5% in the second quarter. Bell Investment Advisors Inc now owns 1,023 shares of the mining company’s stock worth $49,000 after buying an additional 935 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Price Performance

NYSE BHP opened at $53.69 on Wednesday. BHP Group Limited Sponsored ADR has a 12 month low of $39.73 and a 12 month high of $58.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.46 and a quick ratio of 1.11. The stock’s 50 day moving average is $55.19 and its 200 day moving average is $52.81.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BHP. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, October 8th. Citigroup reissued a “neutral” rating on shares of BHP Group in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, BHP Group presently has a consensus rating of “Hold” and a consensus target price of $48.50.

BHP Group Company Profile

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.