Rockefeller Capital Management L.P. Has $14.50 Million Holdings in BHP Group Limited Sponsored ADR $BHP

Rockefeller Capital Management L.P. increased its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 5.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 301,443 shares of the mining company’s stock after purchasing an additional 15,326 shares during the period. Rockefeller Capital Management L.P.’s holdings in BHP Group were worth $14,496,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BHP. Bank of New York Mellon Corp boosted its stake in shares of BHP Group by 2.2% during the 1st quarter. Bank of New York Mellon Corp now owns 132,429 shares of the mining company’s stock worth $6,428,000 after acquiring an additional 2,892 shares in the last quarter. Private Advisor Group LLC boosted its position in BHP Group by 13.5% during the first quarter. Private Advisor Group LLC now owns 5,063 shares of the mining company’s stock worth $246,000 after purchasing an additional 601 shares during the period. Kestra Private Wealth Services LLC grew its holdings in BHP Group by 33.7% during the first quarter. Kestra Private Wealth Services LLC now owns 6,483 shares of the mining company’s stock valued at $315,000 after purchasing an additional 1,634 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of BHP Group by 17.2% in the first quarter. IFP Advisors Inc now owns 2,769 shares of the mining company’s stock worth $134,000 after buying an additional 407 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its stake in shares of BHP Group by 36.5% in the first quarter. Lindbrook Capital LLC now owns 3,807 shares of the mining company’s stock worth $185,000 after buying an additional 1,018 shares during the last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Stock Performance

Shares of BHP opened at $53.72 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.46 and a debt-to-equity ratio of 0.43. The company has a 50-day simple moving average of $55.28 and a 200-day simple moving average of $52.65. BHP Group Limited Sponsored ADR has a 52 week low of $39.73 and a 52 week high of $58.92.

BHP Group (NYSE:BHP) last released its earnings results on Monday, August 18th. The mining company reported $2.00 earnings per share for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.09). The company had revenue of $26.23 billion during the quarter, compared to analyst estimates of $26.04 billion. On average, equities research analysts forecast that BHP Group Limited Sponsored ADR will post 4.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on BHP. BMO Capital Markets lowered shares of BHP Group from an “outperform” rating to a “market perform” rating in a research note on Sunday, July 27th. Citigroup reiterated a “neutral” rating on shares of BHP Group in a research note on Wednesday, August 20th. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, October 8th. Finally, Berenberg Bank reaffirmed a “sell” rating and issued a $44.00 target price on shares of BHP Group in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, BHP Group currently has a consensus rating of “Hold” and a consensus price target of $48.50.

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.