BHP Group Limited (NYSE:BHP) Shares Sold by Atlas Capital Advisors LLC

Atlas Capital Advisors LLC reduced its position in BHP Group Limited (NYSE:BHP) by 25.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 936 shares of the mining company’s stock after selling 316 shares during the period. Atlas Capital Advisors LLC’s holdings in BHP Group were worth $54,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of BHP Group in the 4th quarter valued at $191,837,000. Wellington Management Group LLP lifted its stake in shares of BHP Group by 46.6% during the fourth quarter. Wellington Management Group LLP now owns 4,389,504 shares of the mining company’s stock worth $299,847,000 after purchasing an additional 1,395,940 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of BHP Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 19,902,182 shares of the mining company’s stock valued at $1,359,518,000 after buying an additional 589,317 shares in the last quarter. International Assets Investment Management LLC raised its holdings 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 buying an additional 457,760 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its position in BHP Group by 80.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 942,001 shares of the mining company’s stock worth $64,348,000 after acquiring an additional 420,550 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Stock Performance

BHP Group stock opened at $56.74 on Friday. BHP Group Limited has a 12 month low of $54.28 and a 12 month high of $69.11. The company has a fifty day moving average price of $57.99 and a two-hundred day moving average price of $59.86. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BHP shares. Liberum Capital reaffirmed a “hold” rating on shares of BHP Group in a report on Tuesday, March 5th. Citigroup assumed coverage on BHP Group in a research note on Friday, May 31st. They issued a “buy” rating on the stock. Finally, Barclays restated an “equal weight” rating on shares of BHP Group in a report on Thursday, May 30th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, BHP Group has an average rating of “Hold” and an average price target of $50.00.

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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.