International Assets Investment Management LLC Sells 437,126 Shares of BHP Group Limited (NYSE:BHP)

International Assets Investment Management LLC trimmed its position in BHP Group Limited (NYSE:BHP - Free Report) by 98.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,538 shares of the mining company's stock after selling 437,126 shares during the period. International Assets Investment Management LLC's holdings in BHP Group were worth $371,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Bleakley Financial Group LLC increased its position in BHP Group by 4.1% in the third quarter. Bleakley Financial Group LLC now owns 5,101 shares of the mining company's stock worth $317,000 after purchasing an additional 203 shares during the period. Huntington National Bank grew its position in shares of BHP Group by 17.5% during the 3rd quarter. Huntington National Bank now owns 1,365 shares of the mining company's stock worth $85,000 after buying an additional 203 shares during the period. Pinnacle West Asset Management Inc. raised its stake in shares of BHP Group by 2.8% during the third quarter. Pinnacle West Asset Management Inc. now owns 8,150 shares of the mining company's stock worth $506,000 after buying an additional 225 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in BHP Group by 4.6% in the third quarter. First Horizon Advisors Inc. now owns 6,012 shares of the mining company's stock valued at $373,000 after buying an additional 263 shares during the period. Finally, Nicholas Hoffman & Company LLC. boosted its stake in BHP Group by 2.5% in the third quarter. Nicholas Hoffman & Company LLC. now owns 11,396 shares of the mining company's stock valued at $708,000 after acquiring an additional 275 shares during the last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Stock Down 0.2 %

Shares of NYSE BHP traded down $0.10 during mid-day trading on Friday, reaching $48.62. 2,411,273 shares of the company's stock were exchanged, compared to its average volume of 2,459,979. BHP Group Limited has a twelve month low of $48.06 and a twelve month high of $64.04. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $123.29 billion, a price-to-earnings ratio of 10.52 and a beta of 0.95. The business has a fifty day simple moving average of $51.53 and a 200 day simple moving average of $54.46.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Jefferies Financial Group cut their price target 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. Argus raised BHP Group to a "strong-buy" rating in a research note on Thursday, September 19th. StockNews.com upgraded BHP Group from a "buy" rating to a "strong-buy" rating in a research report on Friday. Finally, Sanford C. Bernstein raised BHP Group from a "market perform" rating to an "outperform" rating in a research note on Monday, September 16th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $53.00.

About BHP Group

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.