BHP Group Limited (NYSE:BHP) Shares Sold by Choreo LLC

Choreo LLC lowered its holdings in BHP Group Limited (NYSE:BHP - Free Report) by 19.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,564 shares of the mining company's stock after selling 7,182 shares during the period. Choreo LLC's holdings in BHP Group were worth $1,442,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Redwood Wealth Management Group LLC boosted its stake in shares of BHP Group by 6.7% in the 4th quarter. Redwood Wealth Management Group LLC now owns 5,324 shares of the mining company's stock valued at $260,000 after purchasing an additional 335 shares in the last quarter. Burford Brothers Inc. boosted its position in BHP Group by 3.6% during the 4th quarter. Burford Brothers Inc. now owns 9,926 shares of the mining company's stock worth $485,000 after acquiring an additional 341 shares during the last quarter. Caprock Group LLC boosted its holdings in shares of BHP Group by 7.3% in the 4th quarter. Caprock Group LLC now owns 32,553 shares of the mining company's stock valued at $1,590,000 after buying an additional 2,223 shares during the last quarter. Baader Bank Aktiengesellschaft boosted its holdings in shares of BHP Group by 25.2% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 9,785 shares of the mining company's stock valued at $477,000 after buying an additional 1,970 shares during the last quarter. Finally, R Squared Ltd bought a new stake in BHP Group in the 4th quarter valued at $317,000. 3.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BHP has been the topic of several research analyst reports. StockNews.com lowered BHP Group from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 31st. Jefferies Financial Group lowered their target price on BHP Group from $57.00 to $53.00 and set a "hold" rating on the stock in a research report on Monday, January 6th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $53.00.

BHP Group Stock Down 1.2 %

Shares of NYSE BHP traded down $0.63 during mid-day trading on Tuesday, hitting $50.19. 2,232,406 shares of the stock traded hands, compared to its average volume of 2,403,374. The stock has a fifty day moving average price of $50.04 and a 200-day moving average price of $53.32. BHP Group Limited has a 52 week low of $48.06 and a 52 week high of $63.21. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38.

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.