Brinker Capital Investments LLC Sells 1,384 Shares of BHP Group Limited (NYSE:BHP)

Brinker Capital Investments LLC lessened its position in shares of BHP Group Limited (NYSE:BHPGet Rating) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,091 shares of the mining company’s stock after selling 1,384 shares during the period. Brinker Capital Investments LLC’s holdings in BHP Group were worth $1,205,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in BHP. Fairfield Bush & CO. increased its holdings in BHP Group by 1.1% during the 1st quarter. Fairfield Bush & CO. now owns 19,463 shares of the mining company’s stock worth $1,504,000 after purchasing an additional 211 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of BHP Group by 70.0% in the 1st quarter. Bank of New York Mellon Corp now owns 79,400 shares of the mining company’s stock valued at $6,134,000 after acquiring an additional 32,699 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of BHP Group by 62.9% in the 1st quarter. Private Advisor Group LLC now owns 8,865 shares of the mining company’s stock valued at $685,000 after acquiring an additional 3,424 shares in the last quarter. BlackRock Inc. grew its holdings in shares of BHP Group by 18.5% in the 1st quarter. BlackRock Inc. now owns 1,821,564 shares of the mining company’s stock valued at $140,716,000 after acquiring an additional 283,915 shares in the last quarter. Finally, Yousif Capital Management LLC grew its holdings in shares of BHP Group by 71.7% in the 1st quarter. Yousif Capital Management LLC now owns 39,175 shares of the mining company’s stock valued at $3,026,000 after acquiring an additional 16,359 shares in the last quarter. Institutional investors own 5.90% of the company’s stock.

BHP Group Price Performance

Shares of BHP stock opened at $69.46 on Friday. The firm has a 50 day moving average price of $62.84 and a two-hundred day moving average price of $55.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.40 and a current ratio of 1.69. BHP Group Limited has a 12-month low of $46.92 and a 12-month high of $79.66.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BHP shares. Bank of America upgraded BHP Group from a “neutral” rating to a “buy” rating in a report on Wednesday, November 23rd. UBS Group cut BHP Group from a “neutral” rating to a “sell” rating in a report on Tuesday, December 13th. StockNews.com upgraded BHP Group from a “buy” rating to a “strong-buy” rating in a report on Friday, January 6th. Berenberg Bank upgraded BHP Group from a “hold” rating to a “buy” rating in a report on Thursday, January 12th. Finally, Barclays lifted their price target on BHP Group from GBX 2,200 ($26.85) to GBX 2,250 ($27.46) in a report on Friday, October 21st. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,901.52.

BHP Group Company Profile

(Get Rating)

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.

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:BHPGet Rating).

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.