Gleason Group Inc. Acquires 333 Shares of BHP Group Limited (NYSE:BHP)

Gleason Group Inc. increased its holdings in shares of BHP Group Limited (NYSE:BHP) by 2.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,155 shares of the mining company’s stock after acquiring an additional 333 shares during the period. Gleason Group Inc.’s holdings in BHP Group were worth $691,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Barclays PLC raised its holdings in shares of BHP Group by 93.7% in the third quarter. Barclays PLC now owns 226,083 shares of the mining company’s stock worth $14,042,000 after buying an additional 109,337 shares during the last quarter. FMR LLC grew its stake in BHP Group by 10.0% during the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after purchasing an additional 129,908 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of BHP Group by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock valued at $37,271,000 after purchasing an additional 55,095 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in BHP Group by 17.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 153,170 shares of the mining company’s stock worth $9,513,000 after buying an additional 22,677 shares during the period. Finally, XY Capital Ltd raised its position in BHP Group by 503.6% during the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after buying an additional 768,972 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

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

BHP Group Stock Up 1.5 %

Shares of BHP Group stock opened at $49.29 on Tuesday. BHP Group Limited has a 52-week low of $48.06 and a 52-week high of $63.21. The company has a 50 day moving average of $51.40 and a 200 day moving average of $54.41. The company has a market capitalization of $124.99 billion, a P/E ratio of 10.67 and a beta of 0.95. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

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.