Community Bank N.A. lessened its position in shares of BHP Group Ltd (NYSE:BHP) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,300 shares of the mining company’s stock after selling 200 shares during the period. Community Bank N.A.’s holdings in BHP Group were worth $711,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Solstein Capital LLC bought a new stake in BHP Group during the first quarter worth $34,000. CWM Advisors LLC acquired a new stake in BHP Group in the first quarter valued at about $61,000. Northwestern Mutual Wealth Management Co. boosted its stake in BHP Group by 19.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,889 shares of the mining company’s stock valued at $69,000 after buying an additional 305 shares in the last quarter. Harbor Investment Advisory LLC grew its position in BHP Group by 220,800.0% in the first quarter. Harbor Investment Advisory LLC now owns 2,209 shares of the mining company’s stock valued at $81,000 after acquiring an additional 2,208 shares during the last quarter. Finally, Toronto Dominion Bank raised its stake in BHP Group by 22.6% during the first quarter. Toronto Dominion Bank now owns 2,268 shares of the mining company’s stock worth $84,000 after acquiring an additional 418 shares in the last quarter. Institutional investors and hedge funds own 4.22% of the company’s stock.
A number of equities analysts recently issued reports on BHP shares. Zacks Investment Research cut shares of BHP Group from a “strong-buy” rating to a “hold” rating and set a $56.00 price objective for the company. in a research report on Wednesday. Societe Generale upgraded shares of BHP Group from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. UBS Group reissued a “buy” rating on shares of BHP Group in a report on Thursday, June 25th. Deutsche Bank cut BHP Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 1st. Finally, Investec upgraded BHP Group from a “hold” rating to a “buy” rating in a research report on Monday, April 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. BHP Group presently has an average rating of “Hold” and an average target price of $58.00.
Shares of NYSE BHP traded down $0.31 during trading on Friday, reaching $52.84. The company had a trading volume of 1,643,900 shares, compared to its average volume of 1,967,307. The company’s fifty day moving average price is $50.77 and its 200-day moving average price is $46.06. The company has a current ratio of 1.62, a quick ratio of 1.33 and a debt-to-equity ratio of 0.43. BHP Group Ltd has a 12 month low of $29.78 and a 12 month high of $56.78.
BHP Group Profile
BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
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