BHP Group Limited (NYSE:BHP) Stock Holdings Lowered by Clarius Group LLC

Clarius Group LLC cut its position in BHP Group Limited (NYSE:BHP) by 24.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,897 shares of the mining company’s stock after selling 1,920 shares during the quarter. Clarius Group LLC’s holdings in BHP Group were worth $288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can increased its stake in shares of BHP Group by 532.2% in the second quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company’s stock valued at $134,442,000 after purchasing an additional 1,981,008 shares during the period. XY Capital Ltd grew its holdings in BHP Group by 503.6% in the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after buying an additional 768,972 shares in the last quarter. Wellington Management Group LLP increased its position in BHP Group by 13.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after acquiring an additional 642,765 shares during the period. Fisher Asset Management LLC raised its stake in BHP Group by 3.0% during the 3rd quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock valued at $1,362,996,000 after acquiring an additional 633,290 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in BHP Group during the 3rd quarter worth $33,458,000. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group Price Performance

NYSE:BHP opened at $50.06 on Monday. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38. The business’s 50-day moving average price is $50.87 and its 200 day moving average price is $54.21. BHP Group Limited has a 52-week low of $48.06 and a 52-week high of $63.21.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Jefferies Financial Group lowered their price target on BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, January 6th. StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Saturday. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.00.

BHP Group Profile

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.