Crossmark Global Holdings Inc. Has $8.15 Million Stake in BHP Group Limited (NYSE:BHP)

Crossmark Global Holdings Inc. boosted its holdings in shares of BHP Group Limited (NYSE:BHP) by 8.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 166,840 shares of the mining company’s stock after acquiring an additional 12,566 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in BHP Group were worth $8,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Eastern Bank bought a new position in shares of BHP Group during the 3rd quarter worth about $26,000. Sound Income Strategies LLC lifted its stake in BHP Group by 124.6% during the third quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock worth $33,000 after purchasing an additional 294 shares during the period. Versant Capital Management Inc bought a new position in BHP Group during the fourth quarter worth about $40,000. Farmers & Merchants Investments Inc. acquired a new stake in BHP Group during the third quarter valued at approximately $50,000. Finally, Viking Fund Management LLC grew its stake in shares of BHP Group by 72.4% in the 3rd quarter. Viking Fund Management LLC now owns 1,000 shares of the mining company’s stock valued at $62,000 after purchasing an additional 420 shares during the period. Institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Jefferies Financial Group cut their price target on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a report on Monday, January 6th. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, BHP Group currently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Stock Performance

Shares of BHP opened at $50.17 on Wednesday. The stock’s fifty day simple moving average is $50.80 and its 200-day simple moving average is $54.11. 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 12-month low of $48.06 and a 12-month high of $63.21.

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.