Wealth Enhancement Advisory Services LLC Sells 1,963 Shares of BHP Group Limited (NYSE:BHP)

Wealth Enhancement Advisory Services LLC decreased its position in BHP Group Limited (NYSE:BHPFree Report) by 10.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,875 shares of the mining company’s stock after selling 1,963 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in BHP Group were worth $974,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Viking Fund Management LLC bought a new position in BHP Group in the first quarter worth approximately $33,000. Janiczek Wealth Management LLC raised its holdings in BHP Group by 35.0% in the 1st quarter. Janiczek Wealth Management LLC now owns 1,606 shares of the mining company’s stock worth $93,000 after purchasing an additional 416 shares during the period. GoalVest Advisory LLC purchased a new position in BHP Group during the first quarter valued at $182,000. Sunbelt Securities Inc. grew its holdings in BHP Group by 12.1% during the first quarter. Sunbelt Securities Inc. now owns 2,135 shares of the mining company’s stock valued at $123,000 after purchasing an additional 231 shares during the period. Finally, Strong Tower Advisory Services grew its holdings in BHP Group by 19.5% during the first quarter. Strong Tower Advisory Services now owns 18,699 shares of the mining company’s stock valued at $1,091,000 after purchasing an additional 3,050 shares during the period. 3.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barclays reaffirmed an “equal weight” rating on shares of BHP Group in a research report on Thursday, May 30th. Citigroup assumed coverage on shares of BHP Group in a report on Friday, May 31st. They set a “buy” rating on the stock. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $50.00.

Read Our Latest Stock Report on BHP

BHP Group Stock Performance

NYSE:BHP opened at $59.49 on Monday. The stock has a 50-day moving average price of $58.02 and a 200 day moving average price of $59.50. The company has a current ratio of 1.57, a quick ratio of 1.22 and a debt-to-equity ratio of 0.43. BHP Group Limited has a 12-month low of $54.28 and a 12-month high of $69.11.

BHP Group Profile

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

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

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