Corient Private Wealth LLC Sells 26,181 Shares of BHP Group Limited (NYSE:BHP)

Corient Private Wealth LLC lowered its holdings in BHP Group Limited (NYSE:BHP) by 5.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 442,462 shares of the mining company’s stock after selling 26,181 shares during the period. Corient Private Wealth LLC’s holdings in BHP Group were worth $30,225,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. M&T Bank Corp boosted its position in shares of BHP Group by 15.7% during the 3rd quarter. M&T Bank Corp now owns 16,073 shares of the mining company’s stock valued at $914,000 after acquiring an additional 2,181 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of BHP Group in the 3rd quarter worth about $41,000. Breakwater Capital Group lifted its holdings in BHP Group by 6.9% during the 3rd quarter. Breakwater Capital Group now owns 8,456 shares of the mining company’s stock valued at $490,000 after purchasing an additional 545 shares during the last quarter. Nicholas Hoffman & Company LLC. boosted its position in BHP Group by 14.5% in the third quarter. Nicholas Hoffman & Company LLC. now owns 14,196 shares of the mining company’s stock valued at $807,000 after buying an additional 1,797 shares in the last quarter. Finally, Capital Wealth Planning LLC boosted its holdings in shares of BHP Group by 113.7% in the 3rd quarter. Capital Wealth Planning LLC now owns 13,950 shares of the mining company’s stock worth $793,000 after acquiring an additional 7,422 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Citigroup raised BHP Group from a “neutral” rating to a “buy” rating in a report on Thursday, March 14th. Liberum Capital reissued a “hold” rating on shares of BHP Group in a report on Tuesday, March 5th. Finally, StockNews.com downgraded BHP Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Six research 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, the stock has an average rating of “Hold” and an average target price of $50.00.

BHP Group Stock Performance

Shares of BHP Group stock opened at $58.74 on Thursday. BHP Group Limited has a 52 week low of $54.28 and a 52 week high of $69.11. The company has a current ratio of 1.57, a quick ratio of 1.22 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average of $57.93 and a two-hundred day moving average of $60.33.

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