Strategic Global Advisors Has Raised Its Bhp Group LTD (BHP) Holding by $647,298 as Valuation Declined; Scout Investments Maintains Position in Best Buy (BBY)

Best Buy Co., Inc. (NYSE:BBY) Logo

Scout Investments Inc increased its stake in Best Buy Inc (BBY) by 11.97% based on its latest 2019Q1 regulatory filing with the SEC. Scout Investments Inc bought 56,733 shares as the company’s stock rose 14.07% with the market. The institutional investor held 530,667 shares of the consumer services company at the end of 2019Q1, valued at $37.71M, up from 473,934 at the end of the previous reported quarter. Scout Investments Inc who had been investing in Best Buy Inc for a number of months, seems to be bullish on the $20.54B market cap company. The stock increased 1.72% or $1.26 during the last trading session, reaching $75.01. About 1.14M shares traded. Best Buy Co., Inc. (NYSE:BBY) has declined 13.28% since July 12, 2018 and is downtrending. It has underperformed by 17.71% the S&P500. Some Historical BBY News: 24/05/2018 – Best Buy reported a forecast-beating rise in same-store sales in the first quarter; 25/05/2018 – BEST BUY CO INC BBY.N SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.45/SHR; 20/04/2018 – BEST BUY CO SAYS ON APRIL 17, CO ENTERED INTO A $1.25 BLN FIVE-YEAR SENIOR UNSECURED REVOLVING CREDIT FACILITY AGREEMENT – SEC FILING; 24/05/2018 – Best Buy Closes Below 50-Day Moving Average: Technicals; 24/05/2018 – Best Buy 1Q Adj EPS 82c; 22/03/2018 – Best Buy is said to be cutting ties with China’s Huawei; 30/05/2018 – U.S. judge dismisses Kaspersky suits to overturn government ban; 20/04/2018 – BEST BUY CO INC – FIVE-YEAR FACILITY AGREEMENT WILL REPLACE PREVIOUS $1.25 BLN SENIOR UNSECURED REVOLVING CREDIT FACILITY; 14/03/2018 – SIGNET JEWELERS LTD – MCCOLLAM SERVED AS EXECUTIVE VICE PRESIDENT, CHIEF ADMINISTRATIVE, CHIEF FINANCIAL OFFICER OF BEST BUY CO; 24/05/2018 – Best Buy online growth slows, overshadowing strong earnings

Strategic Global Advisors Llc increased its stake in Bhp Group Ltd (BHP) by 259.23% based on its latest 2019Q1 regulatory filing with the SEC. Strategic Global Advisors Llc bought 11,987 shares as the company’s stock declined 0.46% while stock markets rallied. The institutional investor held 16,611 shares of the precious metals company at the end of 2019Q1, valued at $908,000, up from 4,624 at the end of the previous reported quarter. Strategic Global Advisors Llc who had been investing in Bhp Group Ltd for a number of months, seems to be bullish on the $144.89 billion market cap company. The stock increased 0.27% or $0.16 during the last trading session, reaching $57.37. About 404,106 shares traded. BHP Group (NYSE:BHP) has risen 4.76% since July 12, 2018 and is uptrending. It has outperformed by 0.33% the S&P500. Some Historical BHP News: 08/03/2018 – Shell, Blackstone working on $10 bln joint bid for BHP’s U.S. shale assets -Sky News; 18/04/2018 – BHP 3Q WA IRON ORE OUTPUT (100%) 67M TONS VS EST. 69M TONS; 05/03/2018 – SHELL SAYS BHP SHALE `FITS PROFILE’ FOR EXPANSION; 04/04/2018 – BHP UNION SEES GOOD PROSPECTS FOR WAGE DEAL AT GIANT CHILE MINE; 15/05/2018 – BHP BILLITON PLC BLT.L CEO MACKENZIE SAYS CO IS MAKING GOOD PROGRESS WITH EXIT FROM ITS ONSHORE US BUSINESS; 06/05/2018 – BHP SEES LONG-TERM ADVANTAGE FOR HIGHER QUALITY RAW MATERIALS; 03/05/2018 – BP SAID TO HIRE MS AS IT CONSIDERS BIDDING FOR SOME BHP ASSETS; 13/05/2018 – Rothschild unearths Newcastle coal investor for BHP; 06/05/2018 – BHP CCO ARNOUD BALHUIZEN SAYS IN BLOOMBERG TV INTERVIEW; 29/05/2018 – BHP SAYS BMA JV TO SELL COAL MINE TO SOJITZ CORP. FOR A$100M

Strategic Global Advisors Llc, which manages about $714.87 million and $475.26 million US Long portfolio, decreased its stake in Mellanox Technologies Ltd (NASDAQ:MLNX) by 21,978 shares to 116,050 shares, valued at $13.74 million in 2019Q1, according to the filing. It also reduced its holding in Pvh Corp (NYSE:PVH) by 6,358 shares in the quarter, leaving it with 7,378 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent BHP Group (NYSE:BHP) news were published by: Seekingalpha.com which released: “Iron ore prices fall on Chinese regulation concerns – Seeking Alpha” on July 05, 2019, also Seekingalpha.com with their article: “Friedland near deal with BHP on Guinea iron ore – Bloomberg – Seeking Alpha” published on May 17, 2019, Seekingalpha.com published: “BHP – Stock Price Keeps Shooting Up As The Giant Keeps Growing – Seeking Alpha” on June 25, 2019. More interesting news about BHP Group (NYSE:BHP) were released by: Seekingalpha.com and their article: “BHP Billiton Is Providing A Clue For Investors – Seeking Alpha” published on February 20, 2019 as well as Benzinga.com‘s news article titled: “33 Biggest Movers From Friday – Benzinga” with publication date: July 08, 2019.

More notable recent Best Buy Co., Inc. (NYSE:BBY) news were published by: Benzinga.com which released: “Best Buy Co., Inc. (NYSE:BBY) – Best Buy Q4 Earnings Preview – Benzinga” on February 26, 2019, also Seekingalpha.com with their article: “Analysts back new Best Buy CEO – Seeking Alpha” published on April 15, 2019, Forbes.com published: “What To Expect From Best Buy’s Fiscal Q1? – Forbes” on May 22, 2019. More interesting news about Best Buy Co., Inc. (NYSE:BBY) were released by: Finance.Yahoo.com and their article: “Why Best Buy Stock Tumbled Today – Yahoo Finance” published on May 13, 2019 as well as Fool.com‘s news article titled: “Macy’s Stock Could Be the Next Best Buy – The Motley Fool” with publication date: June 15, 2019.

Best Buy Co., Inc. (NYSE:BBY) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.