TD Private Client Wealth LLC Trims Holdings in BHP Group Limited (NYSE:BHP)

TD Private Client Wealth LLC reduced its holdings in shares of BHP Group Limited (NYSE:BHP) by 17.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,961 shares of the mining company’s stock after selling 846 shares during the period. TD Private Client Wealth LLC’s holdings in BHP Group were worth $246,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Asset Dedication LLC lifted its holdings in shares of BHP Group by 7,516.7% during the second quarter. Asset Dedication LLC now owns 457 shares of the mining company’s stock valued at $26,000 after purchasing an additional 451 shares during the last quarter. Eastern Bank purchased a new position in BHP Group during the third quarter valued at $26,000. Ashton Thomas Private Wealth LLC bought a new stake in BHP Group in the second quarter worth $27,000. Sound Income Strategies LLC grew its stake in shares of BHP Group by 124.6% in the third quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock worth $33,000 after acquiring an additional 294 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of BHP Group by 1,187.0% during the second quarter. Addison Advisors LLC now owns 592 shares of the mining company’s stock valued at $34,000 after acquiring an additional 546 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.

BHP Group Stock Performance

Shares of NYSE BHP opened at $51.67 on Friday. The firm’s 50-day moving average price is $54.80 and its 200-day moving average price is $55.68. BHP Group Limited has a 52-week low of $50.90 and a 52-week high of $69.11. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

Analyst Ratings Changes

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

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.