BHP Group Limited (NYSE:BHP) Shares Acquired by Westwood Global Investments LLC

Westwood Global Investments LLC boosted its holdings in shares of BHP Group Limited (NYSE:BHP) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,220,251 shares of the mining company’s stock after purchasing an additional 51,263 shares during the quarter. BHP Group comprises approximately 3.5% of Westwood Global Investments LLC’s holdings, making the stock its 9th largest position. Westwood Global Investments LLC’s holdings in BHP Group were worth $69,664,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BHP. Asset Dedication LLC grew its stake in shares of BHP Group by 7,516.7% in the second quarter. Asset Dedication LLC now owns 457 shares of the mining company’s stock worth $26,000 after acquiring an additional 451 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in BHP Group in the 2nd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of BHP Group during the 2nd quarter worth about $27,000. Rise Advisors LLC acquired a new position in shares of BHP Group during the first quarter valued at about $29,000. Finally, WFA Asset Management Corp bought a new stake in shares of BHP Group in the first quarter valued at about $31,000. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Stock Down 1.5 %

BHP stock opened at $52.89 on Monday. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. BHP Group Limited has a 1-year low of $50.90 and a 1-year high of $69.11. The business’s 50 day moving average is $54.63 and its 200-day moving average is $56.76.

BHP Group Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Friday, September 13th will be paid a dividend of $1.465 per share. This is a positive change from BHP Group’s previous Semi-Annual dividend of $1.44. This represents a yield of 5.2%. The ex-dividend date of this dividend is Friday, September 13th.

Analysts Set New Price Targets

Several equities analysts have commented on the company. StockNews.com raised BHP Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 28th. Barclays restated an “equal weight” rating on shares of BHP Group in a research note on Thursday, May 30th. Finally, Citigroup assumed coverage on shares of BHP Group in a research note on Friday, May 31st. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, BHP Group currently has an average rating of “Moderate Buy”.

BHP Group Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.