BHP Group Limited Sponsored ADR (NYSE:BHP) Shares Acquired by Avior Wealth Management LLC

Avior Wealth Management LLC increased its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) by 106.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,895 shares of the mining company's stock after buying an additional 5,609 shares during the quarter. Avior Wealth Management LLC's holdings in BHP Group were worth $529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. CWA Asset Management Group LLC purchased a new stake in shares of BHP Group during the first quarter worth about $517,000. Essex Savings Bank boosted its stake in BHP Group by 3.8% in the 1st quarter. Essex Savings Bank now owns 7,764 shares of the mining company's stock worth $377,000 after purchasing an additional 281 shares in the last quarter. Clarius Group LLC boosted its stake in BHP Group by 9.2% in the 1st quarter. Clarius Group LLC now owns 6,438 shares of the mining company's stock worth $313,000 after purchasing an additional 541 shares in the last quarter. NBT Bank N A NY grew its position in BHP Group by 10.1% during the 1st quarter. NBT Bank N A NY now owns 2,353 shares of the mining company's stock worth $114,000 after purchasing an additional 216 shares during the last quarter. Finally, Sagespring Wealth Partners LLC increased its stake in BHP Group by 68.9% during the 1st quarter. Sagespring Wealth Partners LLC now owns 11,174 shares of the mining company's stock valued at $542,000 after purchasing an additional 4,557 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on BHP shares. Argus downgraded shares of BHP Group from a "buy" rating to a "hold" rating in a research note on Friday, June 13th. Sanford C. Bernstein lowered BHP Group from an "outperform" rating to a "market perform" rating in a research note on Monday, May 19th. Finally, Clarkson Capital raised BHP Group to a "strong-buy" rating in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, BHP Group currently has an average rating of "Moderate Buy" and an average target price of $53.00.

BHP Group Stock Performance

NYSE:BHP traded down $0.54 during midday trading on Wednesday, hitting $46.75. The company's stock had a trading volume of 2,407,802 shares, compared to its average volume of 2,590,029. BHP Group Limited Sponsored ADR has a fifty-two week low of $39.73 and a fifty-two week high of $63.21. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.70 and a quick ratio of 1.25. The firm has a market cap of $118.55 billion, a P/E ratio of 10.63 and a beta of 0.82. The firm's 50 day moving average is $48.78 and its 200-day moving average is $49.05.

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.