Legacy Financial Advisors Inc. Buys Shares of 10,794 BHP Group Limited Sponsored ADR $BHP

Legacy Financial Advisors Inc. purchased a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) in the 3rd quarter, Holdings Channel reports. The firm purchased 10,794 shares of the mining company’s stock, valued at approximately $602,000.

A number of other large investors also recently modified their holdings of BHP. Financial Management Professionals Inc. grew its position in BHP Group by 3.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 6,418 shares of the mining company’s stock worth $358,000 after acquiring an additional 185 shares during the last quarter. TT Capital Management LLC boosted its stake in shares of BHP Group by 3.5% during the second quarter. TT Capital Management LLC now owns 5,617 shares of the mining company’s stock valued at $270,000 after purchasing an additional 190 shares in the last quarter. Naviter Wealth LLC grew its holdings in shares of BHP Group by 0.4% during the third quarter. Naviter Wealth LLC now owns 50,715 shares of the mining company’s stock worth $2,827,000 after purchasing an additional 191 shares during the last quarter. Highline Wealth Partners LLC grew its holdings in shares of BHP Group by 1.9% during the third quarter. Highline Wealth Partners LLC now owns 10,387 shares of the mining company’s stock worth $579,000 after purchasing an additional 195 shares during the last quarter. Finally, Sivia Capital Partners LLC increased its stake in shares of BHP Group by 4.9% in the third quarter. Sivia Capital Partners LLC now owns 4,486 shares of the mining company’s stock valued at $250,000 after buying an additional 209 shares during the period. 3.79% of the stock is currently owned by institutional investors.

BHP Group Stock Performance

Shares of NYSE BHP opened at $78.06 on Tuesday. The company’s 50 day moving average price is $66.68 and its 200-day moving average price is $59.37. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. BHP Group Limited Sponsored ADR has a 52-week low of $39.73 and a 52-week high of $78.24.

BHP Group Dividend Announcement

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

Wall Street Analyst Weigh In

BHP has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BHP Group in a research report on Wednesday, February 18th. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 10th. Wall Street Zen raised shares of BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday. Argus upgraded BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Tuesday, December 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $56.00.

About BHP Group

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.