BHP Group Limited (NYSE:BHP) Stock Holdings Increased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp grew its holdings in shares of BHP Group Limited (NYSE:BHP) by 13.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 59,502 shares of the mining company’s stock after acquiring an additional 6,863 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in BHP Group were worth $3,695,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BHP. FMR LLC lifted its holdings in shares of BHP Group by 10.0% in the third quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after buying an additional 129,908 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in BHP Group by 17.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 153,170 shares of the mining company’s stock valued at $9,513,000 after acquiring an additional 22,677 shares during the last quarter. XY Capital Ltd boosted its position in shares of BHP Group by 503.6% during the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock valued at $57,245,000 after purchasing an additional 768,972 shares in the last quarter. Ausbil Investment Management Ltd bought a new position in shares of BHP Group during the 3rd quarter valued at about $2,360,000. Finally, Chartwell Investment Partners LLC acquired a new position in shares of BHP Group in the 3rd quarter worth approximately $9,830,000. Institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

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

BHP Group Trading Down 1.5 %

BHP opened at $51.67 on Friday. BHP Group Limited has a 12-month low of $50.90 and a 12-month high of $69.11. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70. The stock has a fifty day moving average of $54.80 and a 200-day moving average of $55.68.

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.