8,115 Shares in BHP Group Limited Sponsored ADR $BHP Purchased by Murphy Middleton Hinkle & Parker Inc.

Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,115 shares of the mining company’s stock, valued at approximately $490,000.

Several other large investors also recently added to or reduced their stakes in BHP. Vanguard Personalized Indexing Management LLC grew its stake in BHP Group by 24.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 113,979 shares of the mining company’s stock worth $6,356,000 after purchasing an additional 22,388 shares in the last quarter. Fisher Asset Management LLC increased its holdings in BHP Group by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 23,149,649 shares of the mining company’s stock worth $1,290,593,000 after purchasing an additional 307,397 shares during the period. Paradigm Asset Management Co. LLC bought a new stake in BHP Group during the 3rd quarter valued at $1,345,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of BHP Group by 1,769.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 464,133 shares of the mining company’s stock worth $25,875,000 after buying an additional 439,304 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of BHP Group by 14.2% in the 2nd quarter. American Century Companies Inc. now owns 778,244 shares of the mining company’s stock worth $37,426,000 after buying an additional 96,585 shares during the period. 3.79% of the stock is owned by hedge funds and other institutional investors.

BHP Group Stock Up 4.5%

NYSE:BHP opened at $68.20 on Tuesday. BHP Group Limited Sponsored ADR has a fifty-two week low of $39.73 and a fifty-two week high of $83.21. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. The company’s 50-day simple moving average is $71.79 and its 200-day simple moving average is $62.08.

BHP Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, March 6th will be paid a $1.46 dividend. This represents a yield of 399.0%. The ex-dividend date is Friday, March 6th.

Analyst Ratings Changes

Several equities analysts have recently commented on BHP shares. Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a report on Wednesday, January 21st. Sanford C. Bernstein cut their target price on shares of BHP Group from $49.50 to $48.00 and set a “market perform” rating on the stock in a research report on Monday, March 9th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BHP Group in a report on Wednesday, February 18th. Finally, Argus raised shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research report on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, BHP Group presently has a consensus rating of “Hold” and a consensus target price of $53.33.

BHP Group Company Profile

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.