BHP Group Limited Sponsored ADR $BHP Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 33.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,890 shares of the mining company’s stock after purchasing an additional 10,770 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in BHP Group were worth $3,527,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bayban acquired a new stake in shares of BHP Group in the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in BHP Group during the fourth quarter worth about $26,000. Garton & Associates Financial Advisors LLC acquired a new position in BHP Group during the fourth quarter worth about $26,000. Whipplewood Advisors LLC raised its position in BHP Group by 8,320.0% in the first quarter. Whipplewood Advisors LLC now owns 421 shares of the mining company’s stock worth $31,000 after acquiring an additional 416 shares in the last quarter. Finally, Addison Advisors LLC raised its position in BHP Group by 31.8% in the fourth quarter. Addison Advisors LLC now owns 751 shares of the mining company’s stock worth $45,000 after acquiring an additional 181 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BHP has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BHP Group in a research report on Thursday, July 2nd. DZ Bank upgraded shares of BHP Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Zacks Research lowered shares of BHP Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Monday, June 8th. Finally, Bank of America decreased their price target on shares of BHP Group from $93.00 to $91.00 and set a “neutral” rating on the stock in a research report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, BHP Group currently has a consensus rating of “Hold” and a consensus price target of $78.00.

BHP Group Trading Up 0.1%

NYSE:BHP opened at $90.50 on Tuesday. The stock has a fifty day simple moving average of $87.36 and a 200 day simple moving average of $82.57. BHP Group Limited Sponsored ADR has a 1-year low of $51.83 and a 1-year high of $98.71. The company has a current ratio of 1.88, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43.

BHP Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Friday, September 4th will be issued a $1.98 dividend. This represents a dividend yield of 438.0%. The ex-dividend date is Friday, September 4th.

BHP Group Profile

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.