1,109 Shares in BHP Group Limited (NYSE:BHP) Purchased by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. acquired a new position in shares of BHP Group Limited (NYSE:BHP) in the 4th quarter, HoldingsChannel reports. The firm acquired 1,109 shares of the mining company’s stock, valued at approximately $54,000.

A number of other hedge funds have also made changes to their positions in BHP. Fisher Asset Management LLC increased its position in shares of BHP Group by 3.0% during the third quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock worth $1,362,996,000 after purchasing an additional 633,290 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of BHP Group by 13.0% during the third quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock worth $348,041,000 after buying an additional 642,765 shares in the last quarter. FMR LLC raised its position in shares of BHP Group by 10.0% in the third quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after buying an additional 129,908 shares during the last quarter. XY Capital Ltd boosted its position in BHP Group by 503.6% during the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after acquiring an additional 768,972 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in BHP Group by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock valued at $37,271,000 after acquiring an additional 55,095 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BHP shares. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Jefferies Financial Group reduced their price objective on BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Stock Up 0.9 %

Shares of BHP stock opened at $50.82 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38. The firm’s 50-day moving average is $50.08 and its two-hundred day moving average is $53.35. BHP Group Limited has a 12 month low of $48.06 and a 12 month high of $63.21.

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, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.