OLD Mission Capital LLC Purchases Shares of 108,090 BHP Group Limited (NYSE:BHP)

OLD Mission Capital LLC purchased a new position in shares of BHP Group Limited (NYSE:BHP) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 108,090 shares of the mining company’s stock, valued at approximately $5,278,000.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in BHP Group by 17.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 153,170 shares of the mining company’s stock worth $9,513,000 after purchasing an additional 22,677 shares during the period. FMR LLC grew its stake in shares of BHP Group by 10.0% in the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock valued at $89,092,000 after buying an additional 129,908 shares during the period. Townsquare Capital LLC bought a new stake in BHP Group in the 3rd quarter valued at about $227,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in BHP Group by 42.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,169 shares of the mining company’s stock worth $73,000 after buying an additional 351 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in BHP Group by 4.2% in the third quarter. Rockefeller Capital Management L.P. now owns 313,329 shares of the mining company’s stock worth $19,459,000 after acquiring an additional 12,688 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Stock Down 0.7 %

BHP stock opened at $48.58 on Tuesday. The firm has a market capitalization of $123.19 billion, a PE ratio of 11.04 and a beta of 0.90. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. BHP Group Limited has a twelve month low of $47.30 and a twelve month high of $63.21. The stock’s 50 day moving average is $49.98 and its 200-day moving average is $52.42.

BHP Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 7th were paid a dividend of $1.00 per share. This represents a yield of 4.8%. The ex-dividend date of this dividend was Friday, March 7th. BHP Group’s dividend payout ratio (DPR) is presently 44.77%.

Analysts Set New Price Targets

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

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.