BHP Group Limited (NYSE:BHP) Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC trimmed its holdings in shares of BHP Group Limited (NYSE:BHP - Free Report) by 18.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,366 shares of the mining company's stock after selling 5,818 shares during the quarter. Waverly Advisors LLC's holdings in BHP Group were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fisher Asset Management LLC grew its stake in BHP Group by 1.3% during the 4th quarter. Fisher Asset Management LLC now owns 22,225,134 shares of the mining company's stock worth $1,085,253,000 after buying an additional 280,258 shares during the last quarter. Northern Trust Corp grew its stake in BHP Group by 58.5% during the 4th quarter. Northern Trust Corp now owns 2,294,562 shares of the mining company's stock worth $112,043,000 after buying an additional 846,963 shares during the last quarter. Marshall Wace LLP grew its stake in BHP Group by 16.9% during the 4th quarter. Marshall Wace LLP now owns 710,003 shares of the mining company's stock worth $34,669,000 after buying an additional 102,433 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in BHP Group by 1,898.9% during the 4th quarter. Balyasny Asset Management L.P. now owns 707,405 shares of the mining company's stock worth $34,543,000 after buying an additional 672,016 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in BHP Group by 9.7% during the 4th quarter. American Century Companies Inc. now owns 642,756 shares of the mining company's stock worth $31,386,000 after buying an additional 57,097 shares during the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BHP shares. Sanford C. Bernstein downgraded BHP Group from an "outperform" rating to a "market perform" rating in a research note on Monday, May 19th. Clarkson Capital upgraded BHP Group to a "strong-buy" rating in a research note on Friday, February 28th. Finally, Wall Street Zen downgraded BHP Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 19th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $53.00.

BHP Group Stock Performance

Shares of BHP stock traded down $0.00 on Thursday, hitting $49.20. The company had a trading volume of 734,252 shares, compared to its average volume of 2,541,093. The firm has a market cap of $124.75 billion, a P/E ratio of 11.17 and a beta of 0.86. The company has a 50-day moving average price of $47.73 and a 200-day moving average price of $49.54. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. BHP Group Limited has a twelve month low of $39.73 and a twelve month high of $63.21.

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.