BHP Group Limited Sponsored ADR (NYSE:BHP) Shares Sold by Vicus Capital

Vicus Capital decreased its position in BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,692 shares of the mining company's stock after selling 39,261 shares during the quarter. BHP Group makes up approximately 1.1% of Vicus Capital's portfolio, making the stock its 21st largest position. Vicus Capital's holdings in BHP Group were worth $11,586,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BHP. Sagespring Wealth Partners LLC increased its position in shares of 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 during the last quarter. Sowell Financial Services LLC purchased a new position in BHP Group during the 1st quarter valued at $280,000. Viewpoint Investment Partners Corp bought a new stake in BHP Group during the 1st quarter valued at approximately $340,000. Wealth Enhancement Advisory Services LLC grew its stake in BHP Group by 0.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 73,080 shares of the mining company's stock worth $3,547,000 after purchasing an additional 521 shares during the period. Finally, Willis Investment Counsel grew its holdings in BHP Group by 1.9% in the first quarter. Willis Investment Counsel now owns 411,130 shares of the mining company's stock worth $19,956,000 after purchasing an additional 7,816 shares during the period. 3.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BHP shares. Argus cut BHP Group from a "buy" rating to a "hold" rating in a research report on Friday, June 13th. Clarkson Capital raised shares of BHP Group to a "strong-buy" rating in a research note on Friday, February 28th. Finally, Sanford C. Bernstein cut shares of BHP Group from an "outperform" rating to a "market perform" rating in a research report on Monday, May 19th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $53.00.

BHP Group Price Performance

Shares of BHP stock traded down $1.53 during trading hours on Friday, hitting $46.09. 5,839,786 shares of the company's stock were exchanged, compared to its average volume of 2,572,571. The firm has a market cap of $116.88 billion, a P/E ratio of 10.48 and a beta of 0.82. The firm has a 50 day moving average of $48.74 and a two-hundred day moving average of $49.19. 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 quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40.

About BHP Group

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.