Veracity Capital LLC Sells 3,052 Shares of BHP Group Limited (NYSE:BHP)

Veracity Capital LLC lessened its position in shares of BHP Group Limited (NYSE:BHP) by 22.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,831 shares of the mining company’s stock after selling 3,052 shares during the quarter. Veracity Capital LLC’s holdings in BHP Group were worth $625,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Qube Research & Technologies Ltd acquired a new position in BHP Group during the 3rd quarter valued at approximately $2,686,000. Toronto Dominion Bank boosted its holdings in shares of BHP Group by 48.1% in the 3rd quarter. Toronto Dominion Bank now owns 2,597 shares of the mining company’s stock valued at $148,000 after acquiring an additional 844 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in shares of BHP Group by 59.2% in the 3rd quarter. Glenmede Trust Co. NA now owns 10,456 shares of the mining company’s stock valued at $595,000 after acquiring an additional 3,887 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of BHP Group in the 3rd quarter valued at $421,000. Finally, Evergreen Capital Management LLC boosted its holdings in shares of BHP Group by 12.8% in the 3rd quarter. Evergreen Capital Management LLC now owns 15,274 shares of the mining company’s stock valued at $869,000 after acquiring an additional 1,738 shares during the last quarter. Institutional investors own 3.79% of the company’s stock.

BHP Group Stock Up 3.1 %

NYSE BHP traded up $1.79 during mid-day trading on Thursday, reaching $59.54. 1,861,735 shares of the stock were exchanged, compared to its average volume of 1,918,210. The business’s 50 day moving average is $57.91 and its 200-day moving average is $59.65. BHP Group Limited has a 1 year low of $54.28 and a 1 year high of $69.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.22 and a current ratio of 1.57.

Analyst Ratings Changes

Several analysts have recently commented on BHP shares. Citigroup started coverage on shares of BHP Group in a report on Friday, May 31st. They issued a “buy” rating on the stock. Barclays reissued an “equal weight” rating on shares of BHP Group in a report on Thursday, May 30th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $50.00.

BHP Group Company 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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.