Veracity Capital LLC Sells 3,052 Shares of BHP Group Limited (NYSE:BHP)

Veracity Capital LLC lessened its holdings in shares of BHP Group Limited (NYSE:BHP) by 22.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 10,831 shares of the mining company’s stock after selling 3,052 shares during the period. Veracity Capital LLC’s holdings in BHP Group were worth $625,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Eagle Bay Advisors LLC bought a new position in BHP Group in the fourth quarter valued at about $28,000. Rise Advisors LLC bought a new position in BHP Group in the first quarter valued at about $29,000. WFA Asset Management Corp bought a new position in BHP Group in the first quarter valued at about $31,000. Montag A & Associates Inc. bought a new position in BHP Group in the fourth quarter valued at about $38,000. Finally, Viking Fund Management LLC bought a new position in BHP Group in the first quarter valued at about $33,000. Institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BHP. Barclays reiterated an “equal weight” rating on shares of BHP Group in a report on Thursday, May 30th. Citigroup started coverage on BHP Group in a research note on Friday, May 31st. They issued a “buy” rating on the stock. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.00.

BHP Group Trading Up 3.1 %

NYSE:BHP traded up $1.79 during mid-day trading on Thursday, hitting $59.54. The company had a trading volume of 1,861,735 shares, compared to its average volume of 1,918,210. The company has a current ratio of 1.57, a quick ratio of 1.22 and a debt-to-equity ratio of 0.43. The business’s fifty day moving average is $57.91 and its two-hundred day moving average is $59.65. BHP Group Limited has a fifty-two week low of $54.28 and a fifty-two week high of $69.11.

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