Legal Advantage Investments Inc. Sells 250 Shares of BHP Group Limited (NYSE:BHP)

Legal Advantage Investments Inc. reduced its stake in BHP Group Limited (NYSE:BHPFree Report) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,507 shares of the mining company’s stock after selling 250 shares during the period. Legal Advantage Investments Inc.’s holdings in BHP Group were worth $464,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC increased its stake in shares of BHP Group by 3.0% during the third quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock valued at $1,362,996,000 after purchasing an additional 633,290 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of BHP Group by 13.0% during the third quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after purchasing an additional 642,765 shares in the last quarter. Bank of Montreal Can increased its stake in shares of BHP Group by 532.2% during 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 in the last quarter. FMR LLC grew its holdings in shares of BHP Group by 10.0% during the third quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after buying an additional 129,908 shares during the last quarter. Finally, XY Capital Ltd grew its holdings in shares of BHP Group by 503.6% during the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock valued at $57,245,000 after buying an additional 768,972 shares during the last quarter. 3.79% of the stock is owned by institutional investors.

BHP Group Stock Performance

Shares of BHP Group stock opened at $50.06 on Tuesday. BHP Group Limited has a 1-year low of $48.06 and a 1-year high of $63.21. The company’s fifty day simple moving average is $50.87 and its 200-day simple moving average is $54.17. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38.

Analyst Upgrades and Downgrades

BHP has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price target on shares of 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 equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $53.00.

Get Our Latest Report 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, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.

See Also

Want to see what other hedge funds are holding BHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BHP Group Limited (NYSE:BHPFree Report).

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

Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with MarketBeat.com's FREE daily email newsletter.