Intrust Bank NA Has $254,000 Stock Position in BHP Group Limited Sponsored ADR $BHP

Intrust Bank NA lessened its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 38.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,284 shares of the mining company’s stock after selling 3,249 shares during the quarter. Intrust Bank NA’s holdings in BHP Group were worth $254,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc increased its holdings in shares of BHP Group by 1,062.5% in the second quarter. Bell Investment Advisors Inc now owns 1,023 shares of the mining company’s stock worth $49,000 after acquiring an additional 935 shares in the last quarter. Summitry LLC lifted its holdings in shares of BHP Group by 25.1% during the 2nd quarter. Summitry LLC now owns 5,660 shares of the mining company’s stock valued at $272,000 after purchasing an additional 1,136 shares in the last quarter. MTM Investment Management LLC acquired a new position in shares of BHP Group in the 2nd quarter valued at approximately $52,000. Rockefeller Capital Management L.P. grew its position in shares of BHP Group by 5.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 301,443 shares of the mining company’s stock valued at $14,496,000 after purchasing an additional 15,326 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in BHP Group by 12.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 143,182 shares of the mining company’s stock worth $6,886,000 after purchasing an additional 15,398 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Trading Down 1.6%

NYSE:BHP opened at $53.72 on Wednesday. BHP Group Limited Sponsored ADR has a twelve month low of $39.73 and a twelve month high of $58.92. The business has a 50 day moving average price of $55.28 and a two-hundred day moving average price of $52.65. The company has a quick ratio of 1.11, a current ratio of 1.46 and a debt-to-equity ratio of 0.43.

BHP Group (NYSE:BHP) last announced its quarterly earnings data on Monday, August 18th. The mining company reported $2.00 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.09). The firm had revenue of $26.23 billion for the quarter, compared to analyst estimates of $26.04 billion. Equities analysts predict that BHP Group Limited Sponsored ADR will post 4.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BHP shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, October 8th. BMO Capital Markets downgraded shares of BHP Group from an “outperform” rating to a “market perform” rating in a research report on Sunday, July 27th. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research report on Wednesday, August 20th. Finally, Berenberg Bank reaffirmed a “sell” rating and issued a $44.00 target price on shares of BHP Group in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, BHP Group has a consensus rating of “Hold” and an average price target of $48.50.

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.