U.S. Capital Wealth Advisors LLC Sells 51,881 Shares of BHP Group Limited (NYSE:BHP)

U.S. Capital Wealth Advisors LLC lessened its holdings in shares of BHP Group Limited (NYSE:BHP - Free Report) by 55.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,170 shares of the mining company's stock after selling 51,881 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in BHP Group were worth $2,059,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BHP. Bleakley Financial Group LLC lifted its position in BHP Group by 4.1% during the third quarter. Bleakley Financial Group LLC now owns 5,101 shares of the mining company's stock valued at $317,000 after buying an additional 203 shares during the period. Huntington National Bank increased its holdings in shares of BHP Group by 17.5% in the 3rd quarter. Huntington National Bank now owns 1,365 shares of the mining company's stock worth $85,000 after purchasing an additional 203 shares in the last quarter. Essex Savings Bank raised its position in BHP Group by 3.0% in the 4th quarter. Essex Savings Bank now owns 7,483 shares of the mining company's stock worth $365,000 after buying an additional 219 shares during the last quarter. Pinnacle West Asset Management Inc. grew its stake in shares of BHP Group by 2.8% in the third quarter. Pinnacle West Asset Management Inc. now owns 8,150 shares of the mining company's stock worth $506,000 after acquiring an additional 225 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in BHP Group by 4.6% during the 3rd 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 last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Stock Performance

NYSE BHP traded down $0.34 on Friday, hitting $50.36. 2,115,740 shares of the company traded hands, compared to its average volume of 2,432,958. The business's 50 day moving average price is $50.13 and its 200-day moving average price is $53.41. 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. The company has a market capitalization of $127.69 billion, a price-to-earnings ratio of 11.29 and a beta of 0.95.

Analysts Set New Price Targets

BHP has been the topic of several research reports. StockNews.com cut BHP Group from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 31st. Jefferies Financial Group dropped their price objective on shares of BHP Group from $57.00 to $53.00 and set a "hold" rating on the stock in a 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 stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target 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.