Passumpsic Savings Bank Acquires 349 Shares of BHP Group Limited (NYSE:BHP)

Passumpsic Savings Bank raised its holdings in shares of BHP Group Limited (NYSE:BHP) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,548 shares of the mining company’s stock after purchasing an additional 349 shares during the quarter. Passumpsic Savings Bank’s holdings in BHP Group were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Fisher Asset Management LLC lifted its position 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 purchasing an additional 633,290 shares during the last quarter. Wellington Management Group LLP lifted its position in BHP Group by 13.0% during the third quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after purchasing an additional 642,765 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of 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 acquiring an additional 1,981,008 shares during the last quarter. FMR LLC lifted its holdings in shares of BHP Group by 10.0% in the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock worth $89,092,000 after acquiring an additional 129,908 shares during the last quarter. Finally, Westwood Global Investments LLC lifted its holdings in shares of BHP Group by 4.4% in the 2nd quarter. Westwood Global Investments LLC now owns 1,220,251 shares of the mining company’s stock worth $69,664,000 after acquiring an additional 51,263 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on BHP. Jefferies Financial Group lowered shares of BHP Group from a “buy” rating to a “hold” rating and lowered their target price for the stock from $72.00 to $68.00 in a report on Friday, October 4th. Sanford C. Bernstein upgraded shares of BHP Group from a “market perform” rating to an “outperform” rating in a report on Monday, September 16th. Argus upgraded shares of BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. Finally, StockNews.com upgraded shares of BHP Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Three equities research 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 company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.00.

BHP Group Stock Performance

BHP stock opened at $53.52 on Wednesday. BHP Group Limited has a 12 month low of $50.90 and a 12 month high of $69.11. The firm’s 50-day moving average is $55.50 and its 200 day moving average is $55.84. 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 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.