Corient Private Wealth LLC Has $30.23 Million Stake in BHP Group Limited (NYSE:BHP)

Corient Private Wealth LLC trimmed its stake in BHP Group Limited (NYSE:BHPFree Report) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 442,462 shares of the mining company’s stock after selling 26,181 shares during the quarter. Corient Private Wealth LLC’s holdings in BHP Group were worth $30,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC boosted its position in shares of BHP Group by 6,529.2% during the 4th quarter. International Assets Investment Management LLC now owns 464,771 shares of the mining company’s stock valued at $31,749,000 after acquiring an additional 457,760 shares in the last quarter. Moran Wealth Management LLC boosted its stake in BHP Group by 10.3% during the 4th quarter. Moran Wealth Management LLC now owns 449,667 shares of the mining company’s stock worth $30,717,000 after acquiring an additional 42,021 shares during the last quarter. XY Capital Ltd raised its holdings in BHP Group by 422.1% during the 4th quarter. XY Capital Ltd now owns 127,566 shares of the mining company’s stock worth $8,714,000 after buying an additional 103,134 shares during the period. Morgan Stanley lifted its holdings in shares of BHP Group by 2.8% in the third quarter. Morgan Stanley now owns 4,695,563 shares of the mining company’s stock valued at $267,084,000 after purchasing an additional 126,643 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of BHP Group by 44.7% in the third quarter. Wellington Management Group LLP now owns 2,993,564 shares of the mining company’s stock worth $170,274,000 after purchasing an additional 924,202 shares in the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BHP shares. StockNews.com downgraded BHP Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Citigroup upgraded shares of BHP Group from a “neutral” rating to a “buy” rating in a report on Thursday, March 14th. Finally, Liberum Capital restated a “hold” rating on shares of BHP Group in a research note on Tuesday, March 5th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $50.00.

Get Our Latest Stock Analysis on BHP

BHP Group Stock Down 4.7 %

Shares of NYSE:BHP opened at $58.74 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.22 and a debt-to-equity ratio of 0.43. BHP Group Limited has a 12-month low of $54.28 and a 12-month high of $69.11. The stock has a 50 day moving average of $57.93 and a 200 day moving average of $60.33.

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.

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

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