Aaron Wealth Advisors LLC Boosts Holdings in BHP Group Limited Sponsored ADR $BHP

Aaron Wealth Advisors LLC increased its position in BHP Group Limited Sponsored ADR (NYSE:BHP) by 46.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,907 shares of the mining company’s stock after purchasing an additional 9,483 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in BHP Group were worth $2,175,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of BHP Group by 230.0% during the first quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock worth $1,546,000 after buying an additional 22,201 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in BHP Group by 20.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock worth $660,000 after acquiring an additional 2,331 shares in the last quarter. Invesco Ltd. grew its holdings in BHP Group by 99.6% during the 2nd quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock worth $601,000 after acquiring an additional 6,241 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of BHP Group by 173.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company’s stock worth $182,000 after purchasing an additional 2,395 shares during the last quarter. Finally, Guggenheim Capital LLC increased its position in shares of BHP Group by 13.0% in the 2nd quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock worth $803,000 after purchasing an additional 1,917 shares during the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on BHP shares. DZ Bank raised BHP Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a report on Monday, April 20th. Sanford C. Bernstein decreased their target price on BHP Group from $49.50 to $48.00 and set a “market perform” rating for the company in a research report on Monday, March 9th. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Berenberg Bank raised shares of BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, BHP Group has an average rating of “Hold” and an average price target of $69.50.

BHP Group Price Performance

BHP opened at $81.18 on Friday. The stock’s 50 day moving average price is $84.73 and its 200 day moving average price is $74.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. BHP Group Limited Sponsored ADR has a 12 month low of $47.49 and a 12 month high of $93.83.

BHP Group Profile

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.