540 Shares in BHP Group Limited (NYSE:BHP) Purchased by WFA Asset Management Corp

WFA Asset Management Corp acquired a new stake in BHP Group Limited (NYSE:BHP) during the 1st quarter, Holdings Channel reports. The institutional investor acquired 540 shares of the mining company’s stock, valued at approximately $31,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC bought a new stake in BHP Group in the fourth quarter valued at approximately $28,000. Rise Advisors LLC bought a new stake in BHP Group in the first quarter valued at approximately $29,000. Viking Fund Management LLC acquired a new position in shares of BHP Group in the first quarter valued at approximately $33,000. Montag A & Associates Inc. acquired a new position in shares of BHP Group in the fourth quarter valued at approximately $38,000. Finally, Frazier Financial Advisors LLC acquired a new position in shares of BHP Group in the fourth quarter valued at approximately $42,000. Institutional investors own 3.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on BHP shares. Citigroup initiated coverage on BHP Group in a research report on Friday, May 31st. They issued a “buy” rating on the stock. Barclays reissued an “equal weight” rating on shares of BHP Group in a research report on Thursday, May 30th. Finally, Liberum Capital reissued a “hold” rating on shares of BHP Group in a research report on Tuesday, March 5th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $50.00.

BHP Group Trading Up 3.5 %

Shares of BHP stock traded up $2.03 during trading hours on Wednesday, reaching $59.78. The company’s stock had a trading volume of 1,477,817 shares, compared to its average volume of 2,462,580. The firm’s 50 day simple moving average is $57.90 and its 200-day simple moving average is $59.65. BHP Group Limited has a fifty-two week low of $54.28 and a fifty-two week high of $69.11. The company has a current ratio of 1.57, a quick ratio of 1.22 and a debt-to-equity ratio of 0.43.

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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.