MQS Management LLC reduced its stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) by 43.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,771 shares of the mining company’s stock after selling 11,541 shares during the period. BHP Group accounts for approximately 0.7% of MQS Management LLC’s investment portfolio, making the stock its 4th biggest position. MQS Management LLC’s holdings in BHP Group were worth $1,074,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of BHP Group by 1.3% during the fourth quarter. Parallel Advisors LLC now owns 12,039 shares of the mining company’s stock worth $727,000 after acquiring an additional 150 shares during the last quarter. Bailard Inc. increased its position in BHP Group by 1.4% during the 4th quarter. Bailard Inc. now owns 12,395 shares of the mining company’s stock valued at $748,000 after purchasing an additional 174 shares during the period. Addison Advisors LLC raised its holdings 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 during the last quarter. AlTi Global Inc. raised its holdings in BHP Group by 5.3% during the 4th quarter. AlTi Global Inc. now owns 3,976 shares of the mining company’s stock worth $240,000 after purchasing an additional 200 shares during the last quarter. Finally, Traveka Wealth LLC lifted its position in shares of BHP Group by 4.1% in the 1st quarter. Traveka Wealth LLC now owns 5,078 shares of the mining company’s stock worth $369,000 after purchasing an additional 201 shares during the period. Institutional investors own 3.79% of the company’s stock.
BHP Group Price Performance
BHP Group stock opened at $83.36 on Wednesday. BHP Group Limited Sponsored ADR has a 52-week low of $48.05 and a 52-week high of $93.83. The stock’s 50 day moving average price is $84.87 and its two-hundred day moving average price is $75.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on BHP
About BHP Group
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.
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