8,115 Shares in BHP Group Limited Sponsored ADR $BHP Bought by Murphy Middleton Hinkle & Parker Inc.

Murphy Middleton Hinkle & Parker Inc. bought a new stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) during the 4th quarter, Holdings Channel reports. The institutional investor bought 8,115 shares of the mining company’s stock, valued at approximately $490,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Financial Management Professionals Inc. boosted its holdings in BHP Group by 3.0% in the third 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 in the last quarter. TT Capital Management LLC increased its holdings 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 acquiring an additional 190 shares in the last quarter. Naviter Wealth LLC raised its position in shares of BHP Group by 0.4% in the 3rd quarter. Naviter Wealth LLC now owns 50,715 shares of the mining company’s stock valued at $2,827,000 after purchasing an additional 191 shares during the last quarter. Highline Wealth Partners LLC raised its position in shares of BHP Group by 1.9% in the 3rd quarter. Highline Wealth Partners LLC now owns 10,387 shares of the mining company’s stock valued at $579,000 after purchasing an additional 195 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its stake in BHP Group by 4.9% in the 3rd quarter. Sivia Capital Partners LLC now owns 4,486 shares of the mining company’s stock worth $250,000 after purchasing an additional 209 shares in the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

BHP Group Price Performance

NYSE:BHP opened at $68.20 on Tuesday. The firm’s fifty day moving average is $71.79 and its two-hundred day moving average is $62.08. 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 one year low of $39.73 and a one year high of $83.21.

BHP Group Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BHP. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Argus upgraded shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research note on Tuesday, December 30th. Wall Street Zen raised shares of BHP Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Weiss Ratings reissued a “hold (c)” rating on shares of BHP Group in a research report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BHP Group in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, BHP Group 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.