Legacy Wealth Asset Management LLC Sells 5,794 Shares of BHP Group Limited (NYSE:BHP)

Legacy Wealth Asset Management LLC reduced its stake in shares of BHP Group Limited (NYSE:BHP - Free Report) by 15.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 31,546 shares of the mining company's stock after selling 5,794 shares during the period. Legacy Wealth Asset Management LLC's holdings in BHP Group were worth $1,540,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can increased its stake in BHP Group by 532.2% in the 2nd quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company's stock valued at $134,442,000 after buying an additional 1,981,008 shares during the last quarter. XY Capital Ltd grew its holdings in shares of BHP Group by 503.6% in the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company's stock valued at $57,245,000 after acquiring an additional 768,972 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of BHP Group by 13.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company's stock valued at $348,041,000 after acquiring an additional 642,765 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of BHP Group by 3.0% in the third quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company's stock valued at $1,362,996,000 after acquiring an additional 633,290 shares during the last quarter. Finally, Mediolanum International Funds Ltd bought a new stake in BHP Group during the third quarter worth about $33,458,000. Institutional investors own 3.79% of the company's stock.

BHP Group Trading Up 1.0 %

NYSE BHP traded up $0.50 on Friday, reaching $50.06. The stock had a trading volume of 2,348,979 shares, compared to its average volume of 2,479,444. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70. The firm has a fifty day moving average of $50.97 and a two-hundred day moving average of $54.29. BHP Group Limited has a 1-year low of $48.06 and a 1-year high of $63.21.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group dropped their price objective on 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 raised shares of BHP Group from a "buy" rating to a "strong-buy" rating in a research report on Friday, January 10th. Finally, Argus upgraded shares of BHP Group to a "strong-buy" rating in a research note on Thursday, September 19th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $53.00.

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