BHP Group Limited Sponsored ADR $BHP Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its stake in BHP Group Limited Sponsored ADR (NYSE:BHP) by 184.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,609 shares of the mining company’s stock after acquiring an additional 8,183 shares during the period. Blue Trust Inc.’s holdings in BHP Group were worth $606,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Prime Capital Investment Advisors LLC grew its holdings in shares of BHP Group by 3.4% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 5,523 shares of the mining company’s stock worth $266,000 after acquiring an additional 184 shares during the period. NBT Bank N A NY grew its holdings in shares of BHP Group by 10.1% in the 1st quarter. NBT Bank N A NY now owns 2,353 shares of the mining company’s stock worth $114,000 after acquiring an additional 216 shares during the period. Essex Savings Bank grew its holdings in shares of BHP Group by 3.8% in the 1st quarter. Essex Savings Bank now owns 7,764 shares of the mining company’s stock worth $377,000 after acquiring an additional 281 shares during the period. Baader Bank Aktiengesellschaft grew its holdings in shares of BHP Group by 2.9% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 10,046 shares of the mining company’s stock worth $477,000 after acquiring an additional 281 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. grew its holdings in shares of BHP Group by 6.3% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 4,908 shares of the mining company’s stock worth $238,000 after acquiring an additional 291 shares during the period. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analyst Ratings Changes

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

BHP Group Trading Down 4.4%

Shares of BHP Group stock opened at $53.58 on Monday. BHP Group Limited Sponsored ADR has a fifty-two week low of $39.73 and a fifty-two week high of $59.56. The firm has a market cap of $135.99 billion, a PE ratio of 12.18, a P/E/G ratio of 3.67 and a beta of 0.80. The business’s fifty day moving average is $54.36 and its two-hundred day moving average is $50.78. The company has a quick ratio of 1.11, a current ratio of 1.46 and a debt-to-equity ratio of 0.43.

BHP Group Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, September 25th. Shareholders of record on Friday, September 5th were paid a dividend of $1.185 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a dividend yield of 441.0%. This is a boost from BHP Group’s previous semi-annual dividend of $1.00. BHP Group’s dividend payout ratio is currently 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.