Rockefeller Capital Management L.P. Acquires 12,688 Shares of BHP Group Limited (NYSE:BHP)

Rockefeller Capital Management L.P. lifted its stake in BHP Group Limited (NYSE:BHP) by 4.2% during the third quarter, HoldingsChannel.com reports. The firm owned 313,329 shares of the mining company’s stock after purchasing 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.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fisher Asset Management LLC raised its stake in 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 valued at $1,362,996,000 after buying an additional 633,290 shares during the last quarter. Bank of Montreal Can boosted its stake in BHP Group by 532.2% in the 2nd quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company’s stock worth $134,442,000 after purchasing an additional 1,981,008 shares in the last quarter. FMR LLC grew its position 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. Westwood Global Investments LLC increased its stake in BHP Group by 4.4% during the 2nd quarter. Westwood Global Investments LLC now owns 1,220,251 shares of the mining company’s stock valued at $69,664,000 after purchasing an additional 51,263 shares in the last quarter. Finally, XY Capital Ltd raised its holdings in BHP Group by 503.6% in the third 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. Hedge funds and other institutional investors own 3.79% of the company’s stock.

BHP Group Trading Up 1.6 %

Shares of BHP stock opened at $52.65 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70. The firm’s 50 day moving average is $56.28 and its 200 day moving average is $56.17. BHP Group Limited has a 12-month low of $50.90 and a 12-month high of $69.11.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BHP shares. Jefferies Financial Group cut 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 report on Friday, October 4th. Sanford C. Bernstein raised BHP Group from a “market perform” rating to an “outperform” rating in a research report on Monday, September 16th. Argus upgraded BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, StockNews.com raised 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $68.00.

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.