BHP Group Limited (NYSE:BHP) Shares Sold by XML Financial LLC

XML Financial LLC reduced its position in BHP Group Limited (NYSE:BHP) by 2.4% in the 4th quarter, Holdings Channel reports. The fund owned 12,290 shares of the mining company’s stock after selling 297 shares during the period. XML Financial LLC’s holdings in BHP Group were worth $600,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BHP. Hsbc Holdings PLC lifted its position in BHP Group by 49.5% during the second quarter. Hsbc Holdings PLC now owns 12,762 shares of the mining company’s stock worth $729,000 after buying an additional 4,228 shares during the period. XTX Topco Ltd purchased a new position in shares of BHP Group during the 2nd quarter worth about $381,000. AE Wealth Management LLC boosted its position in shares of BHP Group by 13.7% in the second quarter. AE Wealth Management LLC now owns 8,084 shares of the mining company’s stock worth $461,000 after acquiring an additional 972 shares during the last quarter. Sei Investments Co. grew its holdings in BHP Group by 3.4% in the second quarter. Sei Investments Co. now owns 94,442 shares of the mining company’s stock valued at $5,392,000 after purchasing an additional 3,129 shares during the period. Finally, Summit Trail Advisors LLC acquired a new position in BHP Group during the second quarter worth approximately $229,000. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Stock Down 2.1 %

BHP opened at $49.08 on Thursday. BHP Group Limited has a 52-week low of $48.06 and a 52-week high of $63.21. The company has a 50 day moving average of $50.75 and a two-hundred day moving average of $54.04. 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 research analyst reports. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 18th. Jefferies Financial Group reduced their target price on BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, January 6th. 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 stock. According to data from MarketBeat.com, BHP Group has a consensus rating of “Moderate Buy” and a consensus target price of $53.00.

BHP Group Company 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.