Global Retirement Partners LLC Buys 7,209 Shares of BHP Group Limited Sponsored ADR $BHP

Global Retirement Partners LLC increased its stake in BHP Group Limited Sponsored ADR (NYSE:BHP) by 464.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,762 shares of the mining company’s stock after purchasing an additional 7,209 shares during the period. Global Retirement Partners LLC’s holdings in BHP Group were worth $529,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BHP. Sound Income Strategies LLC increased its position in shares of BHP Group by 222.1% in the fourth quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock worth $27,000 after purchasing an additional 291 shares during the last quarter. JFS Wealth Advisors LLC increased its position in shares of BHP Group by 68.9% in the third quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock worth $39,000 after purchasing an additional 284 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of BHP Group in the fourth quarter worth approximately $39,000. Ameriflex Group Inc. increased its position in shares of BHP Group by 100.0% in the third quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock worth $40,000 after purchasing an additional 359 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in shares of BHP Group in the third quarter worth approximately $43,000. 3.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Argus set a $95.00 price objective on shares of BHP Group in a research report on Monday, April 27th. Zacks Research cut shares of BHP Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BHP Group in a research report on Friday, May 15th. Finally, Bank of America lowered BHP Group from a “buy” rating to a “neutral” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, BHP Group currently has a consensus rating of “Hold” and a consensus price target of $62.33.

BHP Group Trading Up 1.6%

Shares of BHP opened at $87.88 on Thursday. The stock has a 50 day simple moving average of $78.26 and a two-hundred day simple moving average of $69.75. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44. BHP Group Limited Sponsored ADR has a 1 year low of $45.74 and a 1 year high of $91.45.

About BHP Group

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.