Avior Wealth Management LLC Sells 174 Shares of BHP Group Limited (NYSE:BHP)

Avior Wealth Management LLC cut its holdings in BHP Group Limited (NYSE:BHP) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,269 shares of the mining company’s stock after selling 174 shares during the quarter. Avior Wealth Management LLC’s holdings in BHP Group were worth $428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Covestor Ltd bought a new position in shares of BHP Group during the first quarter worth $26,000. Russell Investments Group Ltd. bought a new position in shares of BHP Group during the first quarter worth $27,000. Salem Investment Counselors Inc. boosted its position in shares of BHP Group by 110.0% during the second quarter. Salem Investment Counselors Inc. now owns 460 shares of the mining company’s stock worth $26,000 after purchasing an additional 241 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new position in shares of BHP Group during the first quarter worth $38,000. Finally, Coppell Advisory Solutions Corp. bought a new position in shares of BHP Group during the fourth quarter worth $34,000. 3.79% of the stock is owned by institutional investors.

BHP Group Stock Down 0.7 %

BHP opened at $58.00 on Friday. BHP Group Limited has a 12 month low of $54.28 and a 12 month high of $69.11. The firm’s fifty day simple moving average is $58.07 and its 200 day simple moving average is $60.11. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43.

BHP Group Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were given a dividend of $1.44 per share. The ex-dividend date was Thursday, March 7th. This represents a yield of 5.2%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on BHP shares. Citigroup raised shares of BHP Group from a “neutral” rating to a “buy” rating in a research report on Thursday, March 14th. Liberum Capital reaffirmed a “hold” rating on shares of BHP Group in a research report on Tuesday, March 5th. Finally, StockNews.com cut shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $50.00.

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