Fmr LLC Purchases 129,908 Shares of BHP Group Limited (NYSE:BHP)

FMR LLC increased its holdings in shares of BHP Group Limited (NYSE:BHP - Free Report) by 10.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,434,417 shares of the mining company's stock after purchasing an additional 129,908 shares during the quarter. FMR LLC owned approximately 0.06% of BHP Group worth $89,092,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Pinnacle West Asset Management Inc. increased its position in BHP Group by 2.6% during the 2nd quarter. Pinnacle West Asset Management Inc. now owns 7,925 shares of the mining company's stock worth $452,000 after purchasing an additional 200 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of BHP Group by 0.7% in the second quarter. Sequoia Financial Advisors LLC now owns 27,500 shares of the mining company's stock valued at $1,570,000 after acquiring an additional 202 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in shares of BHP Group by 4.1% during the 3rd quarter. Bleakley Financial Group LLC now owns 5,101 shares of the mining company's stock worth $317,000 after purchasing an additional 203 shares during the last quarter. Huntington National Bank grew its stake in BHP Group by 17.5% in the 3rd quarter. Huntington National Bank now owns 1,365 shares of the mining company's stock worth $85,000 after acquiring an additional 203 shares during the period. Finally, Moody Lynn & Lieberson LLC boosted its stake in BHP Group by 1.1% in the 2nd quarter. Moody Lynn & Lieberson LLC now owns 19,208 shares of the mining company's stock worth $1,097,000 after buying an additional 208 shares during the last quarter. Institutional investors and hedge funds own 3.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BHP. Argus raised shares of BHP Group to a "strong-buy" rating in a research report on Thursday, September 19th. Sanford C. Bernstein raised shares of BHP Group from a "market perform" rating to an "outperform" rating in a research report on Monday, September 16th. Jefferies Financial Group cut BHP Group from a "buy" rating to a "hold" rating and cut their target price for the company from $72.00 to $68.00 in a research note on Friday, October 4th. Finally, StockNews.com upgraded BHP Group from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, November 26th. Three investment 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $68.00.

BHP Group Trading Down 1.5 %

BHP traded down $0.79 during midday trading on Friday, reaching $51.40. The company's stock had a trading volume of 1,678,548 shares, compared to its average volume of 2,447,471. BHP Group Limited has a twelve month low of $50.90 and a twelve month high of $69.11. The company has a fifty day simple moving average of $55.88 and a 200 day simple moving average of $56.01. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70.

BHP Group Company 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.