B. Riley Wealth Advisors Inc. Has $239,000 Position in BHP Group Limited (NYSE:BHP)

B. Riley Wealth Advisors Inc. reduced its stake in shares of BHP Group Limited (NYSE:BHP) by 31.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,504 shares of the mining company’s stock after selling 1,616 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in BHP Group were worth $239,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Allworth Financial LP lifted its holdings in shares of BHP Group by 12.7% during the 4th quarter. Allworth Financial LP now owns 1,441 shares of the mining company’s stock valued at $98,000 after purchasing an additional 162 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of BHP Group by 3.1% during the 4th quarter. Mutual Advisors LLC now owns 5,541 shares of the mining company’s stock valued at $379,000 after purchasing an additional 165 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of BHP Group by 22.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 894 shares of the mining company’s stock valued at $61,000 after purchasing an additional 165 shares in the last quarter. SVB Wealth LLC lifted its holdings in shares of BHP Group by 1.3% during the 4th quarter. SVB Wealth LLC now owns 13,040 shares of the mining company’s stock valued at $891,000 after purchasing an additional 170 shares in the last quarter. Finally, Nichols & Pratt Advisers LLP MA lifted its holdings in shares of BHP Group by 0.3% during the 4th quarter. Nichols & Pratt Advisers LLP MA now owns 56,019 shares of the mining company’s stock valued at $3,827,000 after purchasing an additional 175 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Stock Performance

NYSE:BHP opened at $56.74 on Friday. BHP Group Limited has a twelve month low of $54.28 and a twelve month high of $69.11. The stock’s 50 day moving average price is $57.99 and its two-hundred day moving average price is $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.

Wall Street Analyst Weigh In

BHP has been the topic of several recent analyst reports. Citigroup began coverage on BHP Group in a report on Friday, May 31st. They set a “buy” rating on the stock. Liberum Capital restated a “hold” rating on shares of BHP Group in a research note on Tuesday, March 5th. Finally, Barclays restated an “equal weight” rating on shares of BHP Group in a research note on Thursday, May 30th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $50.00.

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