BHP Group Limited Sponsored ADR $BHP Shares Purchased by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton increased its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 15.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,406 shares of the mining company’s stock after purchasing an additional 324 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in BHP Group were worth $116,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Mutual Advisors LLC increased its position in BHP Group by 4.0% during the 2nd quarter. Mutual Advisors LLC now owns 7,155 shares of the mining company’s stock worth $380,000 after purchasing an additional 276 shares in the last quarter. Moran Wealth Management LLC increased its position in BHP Group by 3.5% during the 2nd quarter. Moran Wealth Management LLC now owns 127,299 shares of the mining company’s stock worth $6,122,000 after purchasing an additional 4,262 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in BHP Group by 14.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 35,133 shares of the mining company’s stock worth $1,690,000 after acquiring an additional 4,516 shares during the period. Yousif Capital Management LLC boosted its holdings in BHP Group by 8.4% in the 2nd quarter. Yousif Capital Management LLC now owns 42,296 shares of the mining company’s stock worth $2,034,000 after acquiring an additional 3,295 shares during the period. Finally, MGO One Seven LLC purchased a new position in BHP Group in the 2nd quarter worth approximately $236,000. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on BHP shares. Berenberg Bank restated a “sell” rating and issued a $44.00 price target on shares of BHP Group in a report on Thursday, July 24th. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Wednesday, August 20th. BMO Capital Markets cut BHP Group from an “outperform” rating to a “market perform” rating in a report on Sunday, July 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, October 8th. Finally, Macquarie cut BHP Group from an “outperform” rating to a “neutral” rating in a research note on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $48.50.

BHP Group Stock Performance

Shares of BHP opened at $56.62 on Thursday. The business’s fifty day moving average price is $54.65 and its 200 day moving average price is $50.91. BHP Group Limited Sponsored ADR has a 12-month low of $39.73 and a 12-month high of $58.82. The stock has a market capitalization of $143.70 billion, a PE ratio of 12.87, a price-to-earnings-growth ratio of 3.86 and a beta of 0.80. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.46 and a quick ratio of 1.11.

BHP Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, September 25th. Investors of record on Friday, September 5th were paid a dividend of $1.185 per share. This represents a yield of 441.0%. This is a boost from BHP Group’s previous semi-annual dividend of $1.00. The ex-dividend date was Friday, September 5th. BHP Group’s dividend payout ratio (DPR) is 53.86%.

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