Janney Montgomery Scott LLC trimmed its stake in BHP Group Ltd (NYSE:BHP) by 1.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,606 shares of the mining company’s stock after selling 234 shares during the period. Janney Montgomery Scott LLC’s holdings in BHP Group were worth $908,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. We Are One Seven LLC bought a new position in shares of BHP Group during the 4th quarter valued at about $32,000. Berman Capital Advisors LLC bought a new position in shares of BHP Group during the 4th quarter valued at about $33,000. Sontag Advisory LLC bought a new position in shares of BHP Group during the 4th quarter valued at about $37,000. Massey Quick Simon & CO. LLC bought a new position in shares of BHP Group during the 1st quarter valued at about $38,000. Finally, Doyle Wealth Management bought a new position in shares of BHP Group during the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 3.81% of the company’s stock.
Shares of NYSE:BHP opened at $52.07 on Monday. The company has a quick ratio of 2.16, a current ratio of 2.55 and a debt-to-equity ratio of 0.43. BHP Group Ltd has a 12 month low of $43.19 and a 12 month high of $57.25. The stock has a market capitalization of $83.62 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 2.61 and a beta of 0.77.
WARNING: This news story was first reported by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this news story on another site, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The correct version of this news story can be viewed at https://www.baseballdailydigest.com/news/2019/05/20/janney-montgomery-scott-llc-has-908000-stake-in-bhp-group-ltd-bhp.html.
BHP Group Company Profile
BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
Featured Article: Trading Stocks – What are percentage gainers?
Want to see what other hedge funds are holding BHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BHP Group Ltd (NYSE:BHP).
Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with MarketBeat.com's FREE daily email newsletter.