Stratos Wealth Partners LTD. Has $881,000 Holdings in BHP Group Limited (NYSE:BHP)

Stratos Wealth Partners LTD. decreased its stake in shares of BHP Group Limited (NYSE:BHP) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,040 shares of the mining company’s stock after selling 478 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in BHP Group were worth $881,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Eastern Bank bought a new position in BHP Group in the 3rd quarter valued at about $26,000. Sound Income Strategies LLC lifted its holdings in shares of BHP Group by 124.6% in the third quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock valued at $33,000 after purchasing an additional 294 shares in the last quarter. Versant Capital Management Inc purchased a new position in shares of BHP Group during the fourth quarter valued at approximately $40,000. Union Bancaire Privee UBP SA bought a new stake in BHP Group during the fourth quarter worth $46,000. Finally, Farmers & Merchants Investments Inc. purchased a new stake in BHP Group in the 3rd quarter valued at $50,000. Institutional investors own 3.79% of the company’s stock.

BHP Group Stock Up 0.9 %

Shares of NYSE:BHP opened at $50.82 on Tuesday. The company’s 50-day moving average is $50.08 and its 200 day moving average is $53.35. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29. BHP Group Limited has a fifty-two week low of $48.06 and a fifty-two week high of $63.21.

Analyst Ratings Changes

Several research firms have recently issued reports on BHP. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Jefferies Financial Group reduced their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price 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.