602 Shares in BHP Group PLC (BBL) Purchased by Quantamental Technologies LLC

Quantamental Technologies LLC bought a new position in shares of BHP Group PLC (NYSE:BBL) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 602 shares of the mining company’s stock, valued at approximately $29,000.

Several other institutional investors have also recently made changes to their positions in BBL. Oregon Public Employees Retirement Fund acquired a new stake in shares of BHP Group during the 4th quarter worth about $755,000. Cambiar Investors LLC increased its position in shares of BHP Group by 30.2% during the 4th quarter. Cambiar Investors LLC now owns 4,541,593 shares of the mining company’s stock worth $190,247,000 after purchasing an additional 1,053,148 shares in the last quarter. Deutsche Bank AG increased its position in shares of BHP Group by 644.4% during the 4th quarter. Deutsche Bank AG now owns 902,662 shares of the mining company’s stock worth $37,811,000 after purchasing an additional 781,401 shares in the last quarter. LMR Partners LLP acquired a new stake in shares of BHP Group during the 4th quarter worth about $28,081,000. Finally, Manikay Partners LLC acquired a new stake in shares of BHP Group during the 4th quarter worth about $25,134,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Shares of NYSE:BBL opened at $45.78 on Friday. BHP Group PLC has a 12 month low of $38.04 and a 12 month high of $50.97. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.16 and a current ratio of 2.55. The stock has a market cap of $47.71 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 2.23 and a beta of 0.81.

A number of brokerages recently issued reports on BBL. Zacks Investment Research upgraded shares of BHP Group from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a research report on Tuesday, April 9th. UBS Group cut shares of BHP Group from a “buy” rating to a “neutral” rating in a research report on Monday, April 22nd. Societe Generale reiterated a “hold” rating on shares of BHP Group in a research report on Thursday, March 7th. Finally, Goldman Sachs Group cut shares of BHP Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 12th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. BHP Group has an average rating of “Hold” and an average price target of $55.00.

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BHP Group Profile

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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Institutional Ownership by Quarter for BHP Group (NYSE:BBL)

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