Fisher Asset Management LLC Has $1.36 Billion Stock Holdings in BHP Group Limited (NYSE:BHP)

Fisher Asset Management LLC grew its position in BHP Group Limited (NYSE:BHP) by 3.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 21,944,876 shares of the mining company’s stock after buying an additional 633,290 shares during the period. Fisher Asset Management LLC owned 0.87% of BHP Group worth $1,362,996,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BHP. Bank of Montreal Can lifted its stake in shares of BHP Group by 532.2% in the 2nd quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company’s stock valued at $134,442,000 after purchasing an additional 1,981,008 shares during the period. Westwood Global Investments LLC lifted its stake in BHP Group by 4.4% in the second quarter. Westwood Global Investments LLC now owns 1,220,251 shares of the mining company’s stock valued at $69,664,000 after buying an additional 51,263 shares during the period. XY Capital Ltd lifted its stake in BHP Group by 503.6% in the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock valued at $57,245,000 after buying an additional 768,972 shares during the period. American Century Companies Inc. boosted its holdings in BHP Group by 6.1% during the second quarter. American Century Companies Inc. now owns 549,394 shares of the mining company’s stock worth $31,365,000 after buying an additional 31,442 shares during the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in shares of BHP Group during the 3rd quarter worth about $33,458,000. Institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

BHP has been the topic of a number of analyst reports. Sanford C. Bernstein upgraded shares of BHP Group from a “market perform” rating to an “outperform” rating in a research report on Monday, September 16th. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Monday, November 18th. Jefferies Financial Group lowered shares of BHP Group from a “buy” rating to a “hold” rating and decreased their price target for the company from $72.00 to $68.00 in a report on Friday, October 4th. Finally, Argus raised BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $68.00.

BHP Group Price Performance

NYSE:BHP opened at $52.36 on Monday. The stock has a 50-day simple moving average of $56.46 and a 200 day simple moving average of $56.38. 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 52-week low of $50.90 and a 52-week high of $69.11.

BHP Group Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 13th were issued a $1.465 dividend. The ex-dividend date of this dividend was Friday, September 13th. This is an increase from BHP Group’s previous Semi-Annual dividend of $1.44. This represents a dividend yield of 5.2%.

BHP Group Company 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, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.