Community Bank N.A. Sells 882 Shares of BHP Group Ltd (NYSE:BHP)

Community Bank N.A. decreased its holdings in BHP Group Ltd (NYSE:BHP) by 5.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,920 shares of the mining company’s stock after selling 882 shares during the period. Community Bank N.A.’s holdings in BHP Group were worth $867,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vigilant Capital Management LLC acquired a new stake in shares of BHP Group in the 2nd quarter valued at $29,000. Massey Quick Simon & CO. LLC bought a new stake in BHP Group in the first quarter worth $38,000. Rehmann Capital Advisory Group lifted its stake in BHP Group by 31.4% in the first quarter. Rehmann Capital Advisory Group now owns 783 shares of the mining company’s stock worth $43,000 after purchasing an additional 187 shares during the last quarter. Financial Gravity Wealth Inc. bought a new stake in BHP Group in the first quarter worth $44,000. Finally, Meridian Wealth Management LLC bought a new stake in BHP Group in the first quarter worth $55,000. Hedge funds and other institutional investors own 3.65% of the company’s stock.

Several analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of BHP Group from an “underweight” rating to a “neutral” rating in a research note on Friday, July 12th. ValuEngine downgraded shares of BHP Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. UBS Group downgraded shares of BHP Group from a “buy” rating to a “neutral” rating in a research note on Monday, April 22nd. Jefferies Financial Group downgraded shares of BHP Group from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Citigroup downgraded shares of BHP Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 1st. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. BHP Group has a consensus rating of “Hold” and an average price target of $64.00.

BHP stock opened at $50.22 on Wednesday. BHP Group Ltd has a 1 year low of $43.19 and a 1 year high of $59.02. The company has a market capitalization of $83.59 billion, a P/E ratio of 14.95, a P/E/G ratio of 2.66 and a beta of 0.82. The business has a 50-day moving average of $56.61. The company has a current ratio of 2.55, a quick ratio of 2.16 and a debt-to-equity ratio of 0.43.

About BHP Group

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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