BHP Group Limited (NYSE:BHP) Shares Purchased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC raised its position in BHP Group Limited (NYSE:BHP) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,093 shares of the mining company’s stock after acquiring an additional 345 shares during the quarter. 180 Wealth Advisors LLC’s holdings in BHP Group were worth $981,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Eastern Bank purchased a new stake in BHP Group during the 3rd quarter worth $26,000. Ashton Thomas Private Wealth LLC purchased a new position in BHP Group in the second quarter valued at about $27,000. Sound Income Strategies LLC grew its stake in BHP Group by 124.6% during 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 in the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in BHP Group during the 3rd quarter worth approximately $50,000. Finally, Versant Capital Management Inc acquired a new position in shares of BHP Group in the 4th quarter valued at approximately $40,000. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group Trading Up 1.5 %

Shares of NYSE BHP opened at $49.29 on Tuesday. The company has a market cap of $124.99 billion, a price-to-earnings ratio of 10.67 and a beta of 0.95. The stock’s 50 day simple moving average is $51.40 and its 200 day simple moving average is $54.41. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. BHP Group Limited has a 12-month low of $48.06 and a 12-month high of $63.21.

Wall Street Analyst Weigh In

BHP has been the topic of several recent analyst reports. Argus raised shares of BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. StockNews.com upgraded BHP Group from a “buy” rating to a “strong-buy” rating in a research note on Friday. Sanford C. Bernstein raised BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. Finally, Jefferies Financial Group lowered their price target on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a report on Monday, January 6th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, BHP Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.00.

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.