Compass Wealth Management LLC Sells 250 Shares of BHP Group Limited (NYSE:BHP)

Compass Wealth Management LLC decreased its position in BHP Group Limited (NYSE:BHP) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,250 shares of the mining company’s stock after selling 250 shares during the quarter. Compass Wealth Management LLC’s holdings in BHP Group were worth $159,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC grew its position in BHP Group by 3.0% in the 3rd quarter. Fisher Asset Management LLC now owns 21,944,876 shares of the mining company’s stock worth $1,362,996,000 after purchasing an additional 633,290 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of BHP Group by 13.0% in the third quarter. Wellington Management Group LLP now owns 5,603,624 shares of the mining company’s stock valued at $348,041,000 after acquiring an additional 642,765 shares in the last quarter. FMR LLC increased its position in shares of BHP Group by 10.0% during the third quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after acquiring an additional 129,908 shares during the last quarter. XY Capital Ltd lifted its holdings in BHP Group by 503.6% during the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after acquiring an additional 768,972 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in BHP Group by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock worth $37,271,000 after purchasing an additional 55,095 shares during the last quarter. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Wall Street Analysts Forecast Growth

BHP has been the subject of several research analyst reports. Jefferies Financial Group decreased their target price on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. StockNews.com downgraded shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 18th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Trading Up 0.8 %

Shares of NYSE:BHP opened at $49.88 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average price of $50.59 and a two-hundred day moving average price of $53.92. BHP Group Limited has a twelve month low of $48.06 and a twelve month high of $63.21.

BHP Group Profile

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.