BHP Group Limited (NYSE:BHP) Shares Sold by B&D White Capital Company LLC

B&D White Capital Company LLC lowered its holdings in BHP Group Limited (NYSE:BHP) by 35.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,700 shares of the mining company’s stock after selling 2,600 shares during the quarter. B&D White Capital Company LLC’s holdings in BHP Group were worth $230,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Huntington National Bank increased its holdings in shares of BHP Group by 17.5% in the 3rd quarter. Huntington National Bank now owns 1,365 shares of the mining company’s stock valued at $85,000 after purchasing an additional 203 shares in the last quarter. Essex Savings Bank increased its holdings in BHP Group by 3.0% in the fourth quarter. Essex Savings Bank now owns 7,483 shares of the mining company’s stock valued at $365,000 after buying an additional 219 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of BHP Group by 4.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 6,012 shares of the mining company’s stock valued at $373,000 after acquiring an additional 263 shares during the period. Nicholas Hoffman & Company LLC. lifted its position in shares of BHP Group by 2.5% during the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 11,396 shares of the mining company’s stock valued at $708,000 after acquiring an additional 275 shares during the period. Finally, Passumpsic Savings Bank boosted its stake in shares of BHP Group by 7.1% during the 4th quarter. Passumpsic Savings Bank now owns 4,873 shares of the mining company’s stock worth $238,000 after acquiring an additional 325 shares in the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

BHP Group Stock Down 1.3 %

Shares of BHP Group stock opened at $51.42 on Monday. BHP Group Limited has a 1 year low of $48.06 and a 1 year high of $63.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.29 and a current ratio of 1.70. The business has a 50 day moving average price of $49.80 and a 200 day moving average price of $53.15.

BHP Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 7th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Friday, March 7th.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BHP. StockNews.com cut BHP Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 19th. Jefferies Financial Group cut their price target on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, BHP Group currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

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.