Legal Advantage Investments Inc. Sells 250 Shares of BHP Group Limited (NYSE:BHP)

Legal Advantage Investments Inc. lessened its stake in BHP Group Limited (NYSE:BHP) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,507 shares of the mining company’s stock after selling 250 shares during the quarter. Legal Advantage Investments Inc.’s holdings in BHP Group were worth $464,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Crossmark Global Holdings Inc. raised its holdings in BHP Group by 8.1% during the 4th quarter. Crossmark Global Holdings Inc. now owns 166,840 shares of the mining company’s stock valued at $8,147,000 after acquiring an additional 12,566 shares during the period. Royal Fund Management LLC raised its holdings in BHP Group by 7.2% during the 4th quarter. Royal Fund Management LLC now owns 18,844 shares of the mining company’s stock valued at $921,000 after acquiring an additional 1,261 shares during the period. Ballentine Partners LLC raised its holdings in BHP Group by 85.3% during the 4th quarter. Ballentine Partners LLC now owns 13,815 shares of the mining company’s stock valued at $675,000 after acquiring an additional 6,359 shares during the period. Strong Tower Advisory Services raised its holdings in BHP Group by 8.5% during the 4th quarter. Strong Tower Advisory Services now owns 33,321 shares of the mining company’s stock valued at $1,627,000 after acquiring an additional 2,601 shares during the period. Finally, J2 Capital Management Inc bought a new stake in BHP Group during the 4th quarter valued at $223,000. Institutional investors own 3.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Jefferies Financial Group decreased their price target on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, January 6th. StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Saturday. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

BHP Group Stock Up 1.0 %

Shares of NYSE:BHP opened at $50.06 on Tuesday. The company has a 50-day moving average price of $50.87 and a 200-day moving average price of $54.17. The company has a quick ratio of 1.29, a current ratio of 1.70 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.

BHP Group Company 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.