66,438 Shares in BHP Group Limited (NYSE:BHP) Acquired by FORA Capital LLC

FORA Capital LLC acquired a new stake in BHP Group Limited (NYSE:BHP) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 66,438 shares of the mining company’s stock, valued at approximately $4,126,000.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can grew its stake in shares of BHP Group by 532.2% in the second quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company’s stock valued at $134,442,000 after acquiring an additional 1,981,008 shares in the last quarter. XY Capital Ltd boosted its holdings in BHP Group by 503.6% in 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 during the period. Fisher Asset Management LLC grew its position in shares of 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 worth $1,362,996,000 after purchasing an additional 633,290 shares in the last quarter. Mediolanum International Funds Ltd bought a new position in shares of BHP Group during the third quarter worth approximately $33,458,000. Finally, International Assets Investment Management LLC increased its holdings in shares of BHP Group by 6,281.5% during the third quarter. International Assets Investment Management LLC now owns 444,664 shares of the mining company’s stock worth $276,180,000 after purchasing an additional 437,696 shares during the period. Institutional investors own 3.79% of the company’s stock.

BHP Group Trading Up 1.2 %

NYSE BHP traded up $0.62 on Wednesday, hitting $51.81. 347,968 shares of the company’s stock were exchanged, compared to its average volume of 2,448,871. The stock has a 50-day moving average of $56.39 and a 200-day moving average of $56.30. BHP Group Limited has a 52 week low of $50.90 and a 52 week high of $69.11. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Argus raised BHP Group to a “strong-buy” rating in a research report on Thursday, September 19th. StockNews.com raised BHP Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Sanford C. Bernstein upgraded BHP Group from a “market perform” rating to an “outperform” rating in a research report on Monday, September 16th. Finally, Jefferies Financial Group cut shares of BHP Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $72.00 to $68.00 in a research report on Friday, October 4th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, BHP Group currently has a consensus rating of “Moderate Buy” and an average price target of $68.00.

BHP Group 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.