Willis Investment Counsel Sells 29,364 Shares of BHP Group Limited Sponsored ADR $BHP

Willis Investment Counsel decreased its position in BHP Group Limited Sponsored ADR (NYSE:BHP) by 5.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 474,843 shares of the mining company’s stock after selling 29,364 shares during the period. BHP Group comprises 1.5% of Willis Investment Counsel’s portfolio, making the stock its 22nd biggest position. Willis Investment Counsel’s holdings in BHP Group were worth $28,666,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC lifted its stake in BHP Group by 222.1% in the 4th quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock valued at $27,000 after acquiring an additional 291 shares in the last quarter. Caldwell Trust Co bought a new stake in BHP Group in the 2nd quarter valued at approximately $31,000. Salomon & Ludwin LLC lifted its stake in BHP Group by 3,040.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock valued at $38,000 after acquiring an additional 669 shares in the last quarter. JFS Wealth Advisors LLC lifted its stake in BHP Group by 68.9% in the 3rd quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock valued at $39,000 after acquiring an additional 284 shares in the last quarter. Finally, Ameriflex Group Inc. lifted its stake in BHP Group by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock valued at $40,000 after acquiring an additional 359 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.

BHP Group Stock Performance

Shares of BHP Group stock opened at $77.01 on Thursday. BHP Group Limited Sponsored ADR has a 12-month low of $40.66 and a 12-month high of $83.21. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $73.07 and its 200-day moving average is $63.54.

BHP Group Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 6th were paid a dividend of $1.46 per share. The ex-dividend date was Friday, March 6th. This represents a dividend yield of 399.0%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on BHP shares. Citigroup restated a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BHP Group in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, January 21st. Sanford C. Bernstein dropped their price objective on BHP Group from $49.50 to $48.00 and set a “market perform” rating on the stock in a research note on Monday, March 9th. Finally, Zacks Research cut BHP Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 20th. One analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $53.33.

BHP Group Company 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.