Rockefeller Capital Management L.P. Has $19.46 Million Stake in BHP Group Limited (NYSE:BHP)

Rockefeller Capital Management L.P. increased its position in shares of BHP Group Limited (NYSE:BHP - Free Report) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 313,329 shares of the mining company's stock after acquiring an additional 12,688 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in BHP Group were worth $19,459,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in BHP Group by 42.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,169 shares of the mining company's stock worth $73,000 after acquiring an additional 351 shares in the last quarter. FORA Capital LLC bought a new position in shares of BHP Group during the 3rd quarter valued at about $4,126,000. Bridgewater Associates LP bought a new position in shares of BHP Group during the 3rd quarter valued at about $2,980,000. Townsquare Capital LLC acquired a new position in shares of BHP Group in the 3rd quarter valued at approximately $227,000. Finally, Quantbot Technologies LP increased its stake in BHP Group by 32.5% during the 3rd quarter. Quantbot Technologies LP now owns 26,581 shares of the mining company's stock worth $1,651,000 after purchasing an additional 6,519 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. Jefferies Financial Group lowered shares of BHP Group from a "buy" rating to a "hold" rating and cut their price target for the company from $72.00 to $68.00 in a research note on Friday, October 4th. Argus upgraded BHP Group to a "strong-buy" rating in a report on Thursday, September 19th. Sanford C. Bernstein upgraded BHP Group from a "market perform" rating to an "outperform" rating in a report on Monday, September 16th. Finally, StockNews.com upgraded BHP Group from a "buy" rating to a "strong-buy" rating in a report on Tuesday, November 26th. Three investment 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 company. According to data from MarketBeat, BHP Group presently has a consensus rating of "Moderate Buy" and an average target price of $68.00.

BHP Group Trading Up 0.4 %

Shares of BHP Group stock traded up $0.20 during trading hours on Monday, reaching $52.86. 2,328,875 shares of the company's stock were exchanged, compared to its average volume of 2,454,812. The company has a 50 day moving average of $56.28 and a two-hundred day moving average of $56.17. 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 fifty-two week low of $50.90 and a fifty-two week high of $69.11.

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.