Fisher Asset Management LLC Has $1.09 Billion Stock Holdings in BHP Group Limited (NYSE:BHP)

Fisher Asset Management LLC lifted its holdings in BHP Group Limited (NYSE:BHP) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,225,134 shares of the mining company’s stock after buying an additional 280,258 shares during the period. Fisher Asset Management LLC owned about 0.88% of BHP Group worth $1,085,253,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sierra Ocean LLC acquired a new stake in BHP Group during the fourth quarter valued at $29,000. Versant Capital Management Inc acquired a new stake in BHP Group during the fourth quarter valued at $40,000. Union Bancaire Privee UBP SA acquired a new stake in BHP Group during the fourth quarter valued at $46,000. Newbridge Financial Services Group Inc. acquired a new stake in BHP Group during the fourth quarter valued at $54,000. Finally, Rothschild Investment LLC boosted its position in BHP Group by 119.4% during the fourth quarter. Rothschild Investment LLC now owns 1,301 shares of the mining company’s stock valued at $64,000 after purchasing an additional 708 shares during the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Price Performance

NYSE BHP opened at $48.43 on Friday. BHP Group Limited has a fifty-two week low of $48.06 and a fifty-two week high of $63.21. The stock’s 50-day moving average is $49.80 and its two-hundred day moving average is $53.03. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.25 and a current ratio of 1.70.

BHP Group Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 7th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, March 7th. This represents a yield of 4.8%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. StockNews.com cut BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 19th. Jefferies Financial Group reduced their price objective on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, BHP Group presently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

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