DGS Capital Management LLC Has $476,000 Holdings in BHP Group Limited (NYSE:BHP)

DGS Capital Management LLC decreased its holdings in BHP Group Limited (NYSE:BHP) by 14.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,745 shares of the mining company’s stock after selling 1,658 shares during the period. DGS Capital Management LLC’s holdings in BHP Group were worth $476,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BHP. Eastern Bank purchased a new position in BHP Group during the third quarter valued at approximately $26,000. Sound Income Strategies LLC boosted its stake in shares of BHP Group by 124.6% during the 3rd quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock valued at $33,000 after buying an additional 294 shares during the period. Versant Capital Management Inc purchased a new position in shares of BHP Group during the 4th quarter valued at $40,000. Farmers & Merchants Investments Inc. acquired a new position in shares of BHP Group in the third quarter worth $50,000. Finally, Viking Fund Management LLC raised its holdings in shares of BHP Group by 72.4% during the third quarter. Viking Fund Management LLC now owns 1,000 shares of the mining company’s stock worth $62,000 after acquiring an additional 420 shares in the last quarter. 3.79% of the stock is owned by hedge funds and other institutional investors.

BHP Group Stock Performance

Shares of BHP Group stock opened at $49.88 on Friday. BHP Group Limited has a 12-month low of $48.06 and a 12-month high of $63.21. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average price of $50.59 and a two-hundred day moving average price of $53.92.

Analyst Ratings Changes

A number of research analysts have commented on BHP shares. StockNews.com downgraded BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 18th. Jefferies Financial Group dropped their price objective on BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, BHP Group has an average rating of “Moderate Buy” and a consensus price target of $53.00.

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.