Rockefeller Capital Management L.P. Acquires 12,688 Shares of BHP Group Limited (NYSE:BHP)

Rockefeller Capital Management L.P. lifted its holdings in shares of BHP Group Limited (NYSE:BHP) by 4.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 313,329 shares of the mining company’s stock after purchasing an additional 12,688 shares during the period. Rockefeller Capital Management L.P.’s holdings in BHP Group were worth $19,459,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in BHP Group in the third quarter valued at approximately $26,000. Asset Dedication LLC raised its holdings in BHP Group by 7,516.7% during the 2nd 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. Ashton Thomas Private Wealth LLC purchased a new stake in BHP Group during the 2nd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in BHP Group in the 2nd quarter worth $27,000. Finally, Sound Income Strategies LLC increased its position in shares of BHP Group by 124.6% in the third quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock valued at $33,000 after acquiring an additional 294 shares during the period. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on BHP. Argus upgraded shares of BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. Jefferies Financial Group cut BHP Group from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $72.00 to $68.00 in a report on Friday, October 4th. StockNews.com upgraded BHP Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Finally, Sanford C. Bernstein upgraded BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. Three analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $68.00.

BHP Group Price Performance

BHP Group stock opened at $52.65 on Monday. BHP Group Limited has a fifty-two week low of $50.90 and a fifty-two week high of $69.11. The stock’s 50 day simple moving average is $56.28 and its two-hundred day simple moving average is $56.17. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

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.