10 15 Associates Inc. Trims Position in BHP Group Ltd (BHP)

10 15 Associates Inc. lowered its holdings in BHP Group Ltd (NYSE:BHP) by 6.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 15,630 shares of the mining company’s stock after selling 995 shares during the quarter. 10 15 Associates Inc.’s holdings in BHP Group were worth $854,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. We Are One Seven LLC acquired a new stake in BHP Group in the 4th quarter valued at $32,000. Massey Quick Simon & CO. LLC acquired a new stake in BHP Group in the 1st quarter valued at $38,000. Berman Capital Advisors LLC acquired a new stake in BHP Group in the 4th quarter valued at $33,000. Sontag Advisory LLC purchased a new position in BHP Group during the 4th quarter worth $37,000. Finally, Financial Gravity Wealth Inc. purchased a new position in BHP Group during the 1st quarter worth $44,000. 3.90% of the stock is owned by institutional investors and hedge funds.

BHP opened at $52.48 on Monday. The company has a current ratio of 2.55, a quick ratio of 2.16 and a debt-to-equity ratio of 0.43. The firm has a market cap of $83.99 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 2.63 and a beta of 0.77. BHP Group Ltd has a 1 year low of $43.19 and a 1 year high of $57.25.

BHP has been the topic of a number of analyst reports. CLSA downgraded shares of BHP Group from an “outperform” rating to an “underperform” rating in a report on Thursday, February 7th. Macquarie reaffirmed a “buy” rating on shares of BHP Group in a report on Tuesday, March 26th. Goldman Sachs Group downgraded shares of BHP Group from a “buy” rating to a “neutral” rating in a report on Tuesday, February 19th. Zacks Investment Research raised shares of BHP Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 30th. Finally, UBS Group downgraded shares of BHP Group from a “buy” rating to a “neutral” rating in a report on Monday, April 22nd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $64.00.

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BHP Group 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.

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Institutional Ownership by Quarter for BHP Group (NYSE:BHP)

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