Global Retirement Partners LLC Has $163,000 Holdings in BHP Group Limited (NYSE:BHP)

Posted by Defense World Staff on Aug 11th, 2023

Global Retirement Partners LLC raised its position in BHP Group Limited (NYSE:BHP – Free Report) by 21.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 2,793 shares of the mining company’s stock after acquiring an additional 492 shares during the period. Global Retirement Partners LLC’s holdings in BHP Group were worth $163,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in BHP. Perpetual Ltd acquired a new position in BHP Group during the first quarter worth $45,920,000. XY Capital Ltd boosted its stake in BHP Group by 191.1% during the 1st quarter. XY Capital Ltd now owns 270,449 shares of the mining company’s stock valued at $17,149,000 after purchasing an additional 177,537 shares during the last quarter. Truist Financial Corp boosted its stake in BHP Group by 14.1% during the 1st quarter. Truist Financial Corp now owns 92,420 shares of the mining company’s stock valued at $5,860,000 after purchasing an additional 11,395 shares during the last quarter. Assetmark Inc. boosted its stake in BHP Group by 24.0% during the 1st quarter. Assetmark Inc. now owns 11,872 shares of the mining company’s stock valued at $753,000 after purchasing an additional 2,301 shares during the last quarter. Finally, Renasant Bank boosted its stake in BHP Group by 17.3% during the 1st quarter. Renasant Bank now owns 5,428 shares of the mining company’s stock valued at $344,000 after purchasing an additional 802 shares during the last quarter. Institutional investors and hedge funds own 6.14% of the company’s stock.

BHP Group Trading Down 0.3 %

Shares of BHP stock opened at $59.32 on Friday. The company has a 50 day moving average of $60.49 and a 200-day moving average of $61.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 1.69. BHP Group Limited has a 12-month low of $46.92 and a 12-month high of $71.52.

Wall Street Analysts Forecast Growth

BHP has been the subject of a number of analyst reports. BNP Paribas upgraded BHP Group from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 28th. JPMorgan Chase & Co. raised BHP Group from a “neutral” rating to an “overweight” rating in a research report on Thursday, July 13th. Berenberg Bank cut shares of BHP Group from a “buy” rating to a “hold” rating in a report on Friday, July 7th. StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Friday, May 19th. Finally, The Goldman Sachs Group raised BHP Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $2,512.00.

View Our Latest Analysis on BHP

About BHP Group

(Free Report)

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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.

Global Retirement Partners LLC Has $163,000 Holdings in BHP Group Limited (NYSE:BHP)

BHP Group Trading Down 0.3 %

Wall Street Analysts Forecast Growth

About BHP Group

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