Rosenberg Matthew Hamilton Sells 600 Shares of BHP Group Limited (NYSE:BHP)

Rosenberg Matthew Hamilton reduced its stake in shares of BHP Group Limited (NYSE:BHP) by 22.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,082 shares of the mining company’s stock after selling 600 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in BHP Group were worth $102,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BHP. Gleason Group Inc. increased its stake in shares of BHP Group by 2.4% in the 4th quarter. Gleason Group Inc. now owns 14,155 shares of the mining company’s stock worth $691,000 after acquiring an additional 333 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in BHP Group in the fourth quarter worth about $2,130,000. First Financial Corp IN increased its stake in shares of BHP Group by 7.4% during the fourth quarter. First Financial Corp IN now owns 5,832 shares of the mining company’s stock valued at $285,000 after purchasing an additional 403 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of BHP Group by 84.0% during the fourth quarter. Sivia Capital Partners LLC now owns 6,551 shares of the mining company’s stock valued at $320,000 after purchasing an additional 2,990 shares during the last quarter. Finally, Bridge Creek Capital Management LLC boosted its position in shares of BHP Group by 2.0% in the 4th quarter. Bridge Creek Capital Management LLC now owns 49,284 shares of the mining company’s stock worth $2,407,000 after purchasing an additional 985 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Argus raised BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. Jefferies Financial Group cut their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Finally, StockNews.com raised shares of BHP Group from a “buy” rating to a “strong-buy” rating in a report on Friday, January 10th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Price Performance

NYSE BHP opened at $49.66 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. BHP Group Limited has a 12 month low of $48.06 and a 12 month high of $63.21. The stock has a market cap of $125.93 billion, a price-to-earnings ratio of 10.75 and a beta of 0.95. The company’s 50 day moving average is $51.26 and its two-hundred day moving average is $54.35.

About BHP Group

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, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.