BHP Group Limited (NYSE:BHP) Shares Sold by J.P. Morgan Private Wealth Advisors LLC

J.P. Morgan Private Wealth Advisors LLC cut its holdings in shares of BHP Group Limited (NYSE:BHPFree Report) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 120,361 shares of the mining company’s stock after selling 4,491 shares during the period. J.P. Morgan Private Wealth Advisors LLC’s holdings in BHP Group were worth $6,846,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BHP. Avantax Advisory Services Inc. lifted its position in shares of BHP Group by 14.3% in the 3rd quarter. Avantax Advisory Services Inc. now owns 16,948 shares of the mining company’s stock valued at $964,000 after acquiring an additional 2,117 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of BHP Group by 6.9% in the 3rd quarter. Moors & Cabot Inc. now owns 40,085 shares of the mining company’s stock valued at $2,280,000 after acquiring an additional 2,590 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in BHP Group by 11.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 23,203 shares of the mining company’s stock worth $1,320,000 after buying an additional 2,419 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in BHP Group by 3.6% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 7,130 shares of the mining company’s stock worth $406,000 after buying an additional 248 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its position in BHP Group by 6.3% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,097 shares of the mining company’s stock worth $233,000 after buying an additional 244 shares in the last quarter.

BHP Group Stock Performance

Shares of BHP opened at $60.34 on Wednesday. The company’s fifty day moving average is $63.77 and its 200-day moving average is $60.07. BHP Group Limited has a 12 month low of $54.28 and a 12 month high of $69.11. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.95 and a current ratio of 1.23.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 29th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $1,833.33.

Get Our Latest Stock Analysis on BHP

BHP Group Profile

(Free Report)

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

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Institutional Ownership by Quarter for BHP Group (NYSE:BHP)

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