BHP Group Limited Sponsored ADR $BHP Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 216,187 shares of the mining company’s stock after selling 19,113 shares during the quarter. Natixis Advisors LLC’s holdings in BHP Group were worth $13,051,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its position in BHP Group by 222.1% in the fourth quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock worth $27,000 after buying an additional 291 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in BHP Group in the fourth quarter worth approximately $39,000. JFS Wealth Advisors LLC grew its position in BHP Group by 68.9% in the third quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock worth $39,000 after buying an additional 284 shares during the last quarter. Ameriflex Group Inc. grew its position in BHP Group by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock worth $40,000 after purchasing an additional 359 shares in the last quarter. Finally, Addison Advisors LLC grew its position in BHP Group by 31.8% during the 4th quarter. Addison Advisors LLC now owns 751 shares of the mining company’s stock worth $45,000 after purchasing an additional 181 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Price Performance

NYSE BHP opened at $82.59 on Friday. The firm’s 50 day moving average price is $81.16 and its two-hundred day moving average price is $71.29. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. BHP Group Limited Sponsored ADR has a twelve month low of $45.74 and a twelve month high of $93.70.

Wall Street Analyst Weigh In

BHP has been the topic of several research analyst reports. Citigroup reiterated a “neutral” rating on shares of BHP Group in a research report on Monday, April 13th. DZ Bank upgraded shares of BHP Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 28th. The Goldman Sachs Group upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BHP Group in a research report on Friday, May 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $62.33.

BHP Group Profile

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.