SeaCrest Wealth Management LLC Has $726,000 Stake in BHP Group Limited (NYSE:BHP)

SeaCrest Wealth Management LLC reduced its holdings in shares of BHP Group Limited (NYSE:BHP) by 24.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,592 shares of the mining company’s stock after selling 4,174 shares during the period. SeaCrest Wealth Management LLC’s holdings in BHP Group were worth $726,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new position in BHP Group in the third quarter valued at approximately $2,686,000. Toronto Dominion Bank lifted its stake in BHP Group by 48.1% in the third quarter. Toronto Dominion Bank now owns 2,597 shares of the mining company’s stock valued at $148,000 after buying an additional 844 shares during the period. Glenmede Trust Co. NA lifted its stake in BHP Group by 59.2% in the third quarter. Glenmede Trust Co. NA now owns 10,456 shares of the mining company’s stock valued at $595,000 after buying an additional 3,887 shares during the period. Axxcess Wealth Management LLC acquired a new position in BHP Group in the third quarter valued at approximately $421,000. Finally, Evergreen Capital Management LLC lifted its stake in BHP Group by 12.8% in the third quarter. Evergreen Capital Management LLC now owns 15,274 shares of the mining company’s stock valued at $869,000 after buying an additional 1,738 shares during the period. 3.79% of the stock is owned by institutional investors.

BHP Group Stock Up 3.1 %

Shares of NYSE:BHP opened at $59.56 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43. 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 is $57.90 and its 200-day moving average is $59.65.

Analyst Ratings Changes

Several equities analysts have issued reports on BHP shares. Citigroup started coverage on BHP Group in a research note on Friday, May 31st. They issued a “buy” rating on the stock. Barclays reissued an “equal weight” rating on shares of BHP Group in a research note on Thursday, May 30th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, BHP Group presently has a consensus rating of “Hold” and a consensus target price of $50.00.

BHP Group 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.