Aprio Wealth Management LLC boosted its position in shares of BHP Group Limited (NYSE:BHP – Free Report) by 27.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,421 shares of the mining company’s stock after buying an additional 943 shares during the period. Aprio Wealth Management LLC’s holdings in BHP Group were worth $252,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP raised its stake in shares of BHP Group by 12.7% during the fourth quarter. Allworth Financial LP now owns 1,441 shares of the mining company’s stock worth $98,000 after purchasing an additional 162 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in BHP Group by 22.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 894 shares of the mining company’s stock valued at $61,000 after purchasing an additional 165 shares in the last quarter. SVB Wealth LLC increased its position in BHP Group by 1.3% during the 4th quarter. SVB Wealth LLC now owns 13,040 shares of the mining company’s stock worth $891,000 after purchasing an additional 170 shares during the period. Nichols & Pratt Advisers LLP MA raised its stake in shares of BHP Group by 0.3% during the 4th quarter. Nichols & Pratt Advisers LLP MA now owns 56,019 shares of the mining company’s stock worth $3,827,000 after buying an additional 175 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. lifted its holdings in shares of BHP Group by 2.8% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 6,628 shares of the mining company’s stock valued at $453,000 after buying an additional 181 shares during the period. Hedge funds and other institutional investors own 3.79% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have issued reports on the company. Barclays reiterated an “equal weight” rating on shares of BHP Group in a research report on Thursday, May 30th. Citigroup assumed coverage on shares of BHP Group in a research note on Friday, May 31st. They issued a “buy” rating for the company. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $50.00.
BHP Group Price Performance
BHP Group stock traded up $0.39 during trading hours on Thursday, hitting $53.15. The stock had a trading volume of 2,262,714 shares, compared to its average volume of 2,437,970. BHP Group Limited has a 1-year low of $51.73 and a 1-year high of $69.11. The stock’s fifty day moving average is $56.92 and its two-hundred day moving average is $58.00. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43.
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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.
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