BHP Group Limited (NYSE:BHP) Shares Sold by Associated Banc Corp

Associated Banc Corp reduced its stake in shares of BHP Group Limited (NYSE:BHP) by 2.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 47,809 shares of the mining company’s stock after selling 1,185 shares during the quarter. Associated Banc Corp’s holdings in BHP Group were worth $2,969,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Douglass Winthrop Advisors LLC acquired a new stake in BHP Group in the 3rd quarter valued at about $217,000. Fisher Asset Management LLC boosted its holdings 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 during the last quarter. SevenBridge Financial Group LLC increased its stake in BHP Group by 9.1% in the third quarter. SevenBridge Financial Group LLC now owns 17,132 shares of the mining company’s stock valued at $1,064,000 after purchasing an additional 1,436 shares during the last quarter. Larson Financial Group LLC lifted its position in BHP Group by 594.2% during the third quarter. Larson Financial Group LLC now owns 2,874 shares of the mining company’s stock worth $179,000 after buying an additional 2,460 shares during the period. Finally, Kingsview Wealth Management LLC boosted its stake in BHP Group by 32.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 13,051 shares of the mining company’s stock worth $811,000 after buying an additional 3,201 shares during the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BHP shares. Argus upgraded shares of BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. Jefferies Financial Group lowered shares of BHP Group from a “buy” rating to a “hold” rating and decreased their price target for the company from $72.00 to $68.00 in a report on Friday, October 4th. StockNews.com raised BHP Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Sanford C. Bernstein upgraded shares of BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $68.00.

BHP Group Stock Up 0.2 %

Shares of NYSE BHP opened at $52.47 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. BHP Group Limited has a 1 year low of $50.90 and a 1 year high of $69.11. The stock’s 50-day simple moving average is $56.44 and its 200-day simple moving average is $56.34.

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.