TD Private Client Wealth LLC Sells 846 Shares of BHP Group Limited (NYSE:BHP)

TD Private Client Wealth LLC reduced its position in shares of BHP Group Limited (NYSE:BHP) by 17.6% in the third quarter, HoldingsChannel reports. The firm owned 3,961 shares of the mining company’s stock after selling 846 shares during the quarter. TD Private Client Wealth LLC’s holdings in BHP Group were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Fisher Asset Management LLC grew its position in BHP Group by 3.0% during the third quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock valued at $1,362,996,000 after buying an additional 633,290 shares during the period. Wellington Management Group LLP grew its stake in shares of BHP Group by 13.0% during the 3rd quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after acquiring an additional 642,765 shares during the period. Bank of Montreal Can increased its stake in shares of BHP Group by 532.2% in the second quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company’s stock worth $134,442,000 after purchasing an additional 1,981,008 shares in the last quarter. FMR LLC increased its stake in BHP Group by 10.0% in the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock worth $89,092,000 after buying an additional 129,908 shares in the last quarter. Finally, Westwood Global Investments LLC grew its position in shares of BHP Group by 4.4% during the second quarter. Westwood Global Investments LLC now owns 1,220,251 shares of the mining company’s stock worth $69,664,000 after purchasing an additional 51,263 shares in the last quarter. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BHP. Argus upgraded shares of BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. Sanford C. Bernstein upgraded BHP Group from a “market perform” rating to an “outperform” rating in a research report on Monday, September 16th. Jefferies Financial Group downgraded BHP Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $72.00 to $68.00 in a research report on Friday, October 4th. Finally, StockNews.com upgraded BHP Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $68.00.

BHP Group Stock Down 1.5 %

BHP stock opened at $51.67 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38. BHP Group Limited has a 12 month low of $50.90 and a 12 month high of $69.11. The company has a 50-day moving average price of $54.80 and a 200 day moving average price of $55.68.

BHP Group 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.