Paradigm Asset Management Co. LLC Purchases Shares of 47,700 BHP Group Limited Sponsored ADR $BHP

Paradigm Asset Management Co. LLC purchased a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 47,700 shares of the mining company’s stock, valued at approximately $1,345,000.

Several other institutional investors have also recently modified their holdings of the company. Caldwell Trust Co bought a new stake in BHP Group in the 2nd quarter worth approximately $31,000. Salomon & Ludwin LLC grew its position in BHP Group by 3,040.9% during the third quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock valued at $38,000 after acquiring an additional 669 shares during the last quarter. JFS Wealth Advisors LLC raised its stake in shares of BHP Group by 68.9% during the third quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock worth $39,000 after acquiring an additional 284 shares in the last quarter. NewSquare Capital LLC lifted its holdings in shares of BHP Group by 249.8% in the 2nd quarter. NewSquare Capital LLC now owns 871 shares of the mining company’s stock worth $42,000 after acquiring an additional 622 shares during the last quarter. Finally, True Wealth Design LLC boosted its stake in shares of BHP Group by 229.7% in the 3rd quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock valued at $42,000 after purchasing an additional 526 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BHP has been the topic of a number of analyst reports. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a report on Wednesday, January 21st. Citigroup reissued a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BHP Group in a research report on Wednesday, February 18th. Finally, Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $56.00.

BHP Group Stock Down 3.3%

NYSE BHP opened at $75.57 on Friday. BHP Group Limited Sponsored ADR has a 1 year low of $39.73 and a 1 year high of $83.21. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28. The business’s 50-day moving average is $69.86 and its 200 day moving average is $60.74.

BHP Group Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, March 26th. Stockholders of record on Friday, March 6th will be paid a dividend of $1.46 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a dividend yield of 399.0%.

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.