BHP Group Limited Sponsored ADR $BHP Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 168.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,327 shares of the mining company’s stock after acquiring an additional 10,881 shares during the period. Kestra Private Wealth Services LLC’s holdings in BHP Group were worth $1,046,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Personalized Indexing Management LLC increased its holdings in shares of BHP Group by 24.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 113,979 shares of the mining company’s stock valued at $6,356,000 after purchasing an additional 22,388 shares in the last quarter. Paradigm Asset Management Co. LLC purchased a new position in shares of BHP Group in the 3rd quarter valued at about $1,345,000. Fisher Asset Management LLC increased its holdings in shares of BHP Group by 1.3% in the 3rd quarter. Fisher Asset Management LLC now owns 23,149,649 shares of the mining company’s stock valued at $1,290,593,000 after purchasing an additional 307,397 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of BHP Group by 1,769.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 464,133 shares of the mining company’s stock worth $25,875,000 after acquiring an additional 439,304 shares in the last quarter. Finally, Abbington Investment Group increased its stake in BHP Group by 45.6% in the 4th quarter. Abbington Investment Group now owns 69,288 shares of the mining company’s stock valued at $4,183,000 after purchasing an additional 21,700 shares in the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Price Performance

Shares of BHP Group stock opened at $79.05 on Friday. The company has a fifty day moving average price of $75.18 and a 200 day moving average price of $66.20. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44. BHP Group Limited Sponsored ADR has a twelve month low of $45.74 and a twelve month high of $83.21.

BHP Group Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on BHP shares. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research note on Monday, April 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research note on Monday, April 20th. Wall Street Zen raised BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Argus set a $95.00 target price on BHP Group in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BHP Group in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $62.33.

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.