Castellan Group Has $1.10 Million Position in BHP Group Limited (NYSE:BHP)

Castellan Group decreased its stake in BHP Group Limited (NYSE:BHP) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,515 shares of the mining company’s stock after selling 1,970 shares during the period. Castellan Group’s holdings in BHP Group were worth $1,099,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Eastern Bank acquired a new stake in BHP Group in the third quarter valued at $26,000. Versant Capital Management Inc bought a new stake in shares of BHP Group in the 4th quarter valued at about $40,000. Union Bancaire Privee UBP SA acquired a new stake in BHP Group in the 4th quarter valued at about $46,000. Farmers & Merchants Investments Inc. bought a new position in BHP Group during the third quarter worth about $50,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in BHP Group during the fourth quarter worth approximately $54,000. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. StockNews.com cut BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Jefferies Financial Group dropped their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Trading Up 1.0 %

Shares of BHP stock opened at $50.69 on Thursday. 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 fifty-two week low of $48.06 and a fifty-two week high of $63.21. The stock’s fifty day moving average price is $49.98 and its two-hundred day moving average price is $53.29.

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.