Avior Wealth Management LLC Has $428,000 Stock Holdings in BHP Group Limited (NYSE:BHP)

Avior Wealth Management LLC trimmed its stake in BHP Group Limited (NYSE:BHP) by 2.7% in the fourth quarter, HoldingsChannel reports. The firm owned 6,269 shares of the mining company’s stock after selling 174 shares during the period. Avior Wealth Management LLC’s holdings in BHP Group were worth $428,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Desjardins Global Asset Management Inc. bought a new position in shares of BHP Group in the fourth quarter valued at $2,247,000. SVB Wealth LLC lifted its stake in shares of BHP Group by 1.3% in the fourth quarter. SVB Wealth LLC now owns 13,040 shares of the mining company’s stock valued at $891,000 after buying an additional 170 shares in the last quarter. Cullen Investment Group LTD. bought a new position in shares of BHP Group in the fourth quarter valued at $261,000. Waldron Private Wealth LLC bought a new position in shares of BHP Group in the fourth quarter valued at $225,000. Finally, Carnegie Capital Asset Management LLC lifted its stake in shares of BHP Group by 4.5% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 12,795 shares of the mining company’s stock valued at $874,000 after buying an additional 549 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Stock Down 0.7 %

BHP opened at $58.00 on Friday. BHP Group Limited has a fifty-two week low of $54.28 and a fifty-two week high of $69.11. The company’s 50-day moving average is $58.07 and its 200 day moving average is $60.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.57 and a quick ratio of 1.22.

BHP Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were issued a dividend of $1.44 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a yield of 5.2%.

Wall Street Analysts Forecast Growth

BHP has been the topic of a number of recent research reports. Citigroup raised shares of BHP Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 14th. StockNews.com lowered shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Finally, Liberum Capital reissued a “hold” rating on shares of BHP Group in a research report on Tuesday, March 5th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, BHP Group has a consensus rating of “Hold” and an average target price of $50.00.

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