1,839 Shares in BHP Group Limited (NYSE:BHP) Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new stake in BHP Group Limited (NYSE:BHP) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,839 shares of the mining company’s stock, valued at approximately $114,000.

Other large investors have also modified their holdings of the company. Asset Dedication LLC raised its holdings in shares of BHP Group by 7,516.7% in the second quarter. Asset Dedication LLC now owns 457 shares of the mining company’s stock valued at $26,000 after buying an additional 451 shares during the last quarter. Eastern Bank purchased a new stake in BHP Group during the 3rd quarter valued at approximately $26,000. Ashton Thomas Private Wealth LLC acquired a new stake in BHP Group during the 2nd quarter worth approximately $27,000. Sound Income Strategies LLC grew its stake in shares of BHP Group by 124.6% in the 3rd quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock valued at $33,000 after purchasing an additional 294 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of BHP Group by 1,187.0% in the second quarter. Addison Advisors LLC now owns 592 shares of the mining company’s stock valued at $34,000 after purchasing an additional 546 shares during the period. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group Price Performance

BHP Group stock opened at $48.94 on Friday. The company has a market cap of $124.10 billion, a P/E ratio of 10.59 and a beta of 0.95. BHP Group Limited has a one year low of $48.85 and a one year high of $69.11. The business has a fifty day moving average of $54.08 and a two-hundred day moving average of $55.45. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70.

Wall Street Analyst Weigh In

BHP has been the subject of several recent research reports. Jefferies Financial Group downgraded BHP Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $72.00 to $68.00 in a report on Friday, October 4th. Sanford C. Bernstein upgraded shares of BHP Group from a “market perform” rating to an “outperform” rating in a research note on Monday, September 16th. StockNews.com upgraded shares of BHP Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. Finally, Argus raised BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock 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.