BHP Group Limited (NYSE:BHP) Shares Sold by UMB Bank n.a.

UMB Bank n.a. cut its position in shares of BHP Group Limited (NYSE:BHP) by 7.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,272 shares of the mining company’s stock after selling 277 shares during the period. UMB Bank n.a.’s holdings in BHP Group were worth $160,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Hsbc Holdings PLC raised its position in shares of BHP Group by 49.5% during the 2nd quarter. Hsbc Holdings PLC now owns 12,762 shares of the mining company’s stock worth $729,000 after purchasing an additional 4,228 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of BHP Group during the second quarter valued at $381,000. AE Wealth Management LLC increased its position in BHP Group by 13.7% during the 2nd quarter. AE Wealth Management LLC now owns 8,084 shares of the mining company’s stock worth $461,000 after purchasing an additional 972 shares in the last quarter. Sei Investments Co. lifted its holdings in BHP Group by 3.4% in the 2nd 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 in the last quarter. Finally, 1832 Asset Management L.P. lifted its holdings in BHP Group by 1.4% in the 2nd quarter. 1832 Asset Management L.P. now owns 20,900 shares of the mining company’s stock valued at $1,193,000 after purchasing an additional 279 shares in the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

BHP Group Stock Performance

NYSE:BHP opened at $49.49 on Friday. The company has a market cap of $125.49 billion, a P/E ratio of 11.12 and a beta of 0.95. The firm’s 50 day moving average is $50.68 and its two-hundred day moving average is $54.01. BHP Group Limited has a fifty-two week low of $48.06 and a fifty-two week high of $63.21. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BHP shares. Jefferies Financial Group reduced their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. StockNews.com lowered BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 18th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, BHP Group presently has an average rating of “Moderate Buy” and an average price target 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.