Rosenberg Matthew Hamilton Sells 600 Shares of BHP Group Limited (NYSE:BHP)

Rosenberg Matthew Hamilton decreased its position in shares of BHP Group Limited (NYSE:BHP) by 22.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,082 shares of the mining company’s stock after selling 600 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in BHP Group were worth $102,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of BHP. Eastern Bank bought a new position in shares of BHP Group in the third quarter valued at approximately $26,000. Ashton Thomas Private Wealth LLC purchased a new stake in BHP Group in the 2nd quarter valued at $27,000. Sound Income Strategies LLC lifted its stake in BHP Group by 124.6% during the 3rd quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock valued at $33,000 after acquiring an additional 294 shares in the last quarter. Versant Capital Management Inc purchased a new position in BHP Group during the 4th quarter worth $40,000. Finally, Farmers & Merchants Investments Inc. bought a new stake in shares of BHP Group in the 3rd quarter worth $50,000. 3.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on BHP shares. Argus upgraded shares of BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. Jefferies Financial Group decreased their price target on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Finally, StockNews.com raised BHP Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Trading Up 0.7 %

Shares of BHP Group stock opened at $49.66 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29. BHP Group Limited has a 1 year low of $48.06 and a 1 year high of $63.21. The firm has a market cap of $125.93 billion, a PE ratio of 10.75 and a beta of 0.95. The company has a 50 day simple moving average of $51.26 and a two-hundred day simple moving average of $54.35.

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.