BHP Group Limited (NYSE:BHP) Shares Bought by Signaturefd LLC

Signaturefd LLC lifted its holdings in shares of BHP Group Limited (NYSE:BHP) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,124 shares of the mining company’s stock after purchasing an additional 2,816 shares during the quarter. Signaturefd LLC’s holdings in BHP Group were worth $1,715,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sierra Ocean LLC acquired a new stake in BHP Group in the 4th quarter worth about $29,000. Versant Capital Management Inc purchased a new stake in BHP Group in the fourth quarter valued at approximately $40,000. Union Bancaire Privee UBP SA acquired a new position in BHP Group during the fourth quarter worth approximately $46,000. Newbridge Financial Services Group Inc. purchased a new position in BHP Group during the fourth quarter worth approximately $54,000. Finally, Rothschild Investment LLC boosted its holdings in shares of BHP Group by 119.4% in the 4th quarter. Rothschild Investment LLC now owns 1,301 shares of the mining company’s stock valued at $64,000 after purchasing an additional 708 shares during the last quarter. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on BHP shares. Jefferies Financial Group cut their target price on BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. StockNews.com downgraded BHP Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 19th. Finally, Clarkson Capital upgraded BHP Group to a “strong-buy” rating in a report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, BHP Group has a consensus rating of “Buy” and a consensus target price of $53.00.

BHP Group Stock Up 2.1 %

Shares of NYSE BHP opened at $50.51 on Tuesday. The stock has a fifty day moving average price of $49.93 and a 200 day moving average price of $52.66. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. BHP Group Limited has a 12-month low of $48.06 and a 12-month high of $63.21. The company has a market cap of $128.07 billion, a P/E ratio of 11.48 and a beta of 0.90.

BHP Group Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 7th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a dividend yield of 4.8%. BHP Group’s dividend payout ratio (DPR) is currently 44.77%.

About BHP Group

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.