BHP Group Limited Sponsored ADR $BHP Shares Bought by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich boosted its position in BHP Group Limited Sponsored ADR (NYSE:BHP) by 66.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,229 shares of the mining company’s stock after purchasing an additional 122,010 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in BHP Group were worth $18,487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SIH Partners LLLP increased its position in shares of BHP Group by 937.5% in the third quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock valued at $103,511,000 after buying an additional 1,677,739 shares in the last quarter. Bank of America Corp DE boosted its position in shares of BHP Group by 25.2% in the 3rd quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock worth $193,197,000 after buying an additional 697,316 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in BHP Group in the 3rd quarter valued at about $27,234,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in 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 valued at $25,875,000 after acquiring an additional 439,304 shares in the last quarter. Finally, Fisher Asset Management LLC increased its holdings in BHP Group by 1.3% during 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 acquiring an additional 307,397 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BHP Group in a report on Wednesday, February 18th. Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Argus set a $95.00 target price on BHP Group in a research note on Monday, April 27th. Zacks Research cut BHP Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. Finally, The Goldman Sachs Group raised BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. One research 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 company. Based on data from MarketBeat, BHP Group has a consensus rating of “Hold” and a consensus price target of $62.33.

BHP Group Stock Down 2.0%

Shares of NYSE BHP opened at $89.01 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28. The firm has a fifty day moving average of $76.12 and a 200-day moving average of $67.96. BHP Group Limited Sponsored ADR has a 52-week low of $45.74 and a 52-week high of $91.45.

BHP Group Dividend Announcement

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

BHP Group 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.