BHP Group Limited (NYSE:BHP) Stock Position Lessened by Barclays PLC

Barclays PLC decreased its holdings in BHP Group Limited (NYSE:BHP - Free Report) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 188,365 shares of the mining company's stock after selling 37,718 shares during the quarter. Barclays PLC's holdings in BHP Group were worth $9,198,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Sterling Capital Management LLC increased its holdings in BHP Group by 1.4% during the 4th quarter. Sterling Capital Management LLC now owns 13,856 shares of the mining company's stock worth $677,000 after purchasing an additional 195 shares during the last quarter. Invesco Ltd. increased its holdings in BHP Group by 1.8% during the 4th quarter. Invesco Ltd. now owns 11,150 shares of the mining company's stock worth $544,000 after purchasing an additional 198 shares during the last quarter. Kovack Advisors Inc. increased its holdings in BHP Group by 5.2% during the 4th quarter. Kovack Advisors Inc. now owns 4,353 shares of the mining company's stock worth $213,000 after purchasing an additional 215 shares during the last quarter. Essex Savings Bank increased its holdings in BHP Group by 3.0% during the 4th quarter. Essex Savings Bank now owns 7,483 shares of the mining company's stock worth $365,000 after purchasing an additional 219 shares during the last quarter. Finally, Passumpsic Savings Bank increased its holdings in BHP Group by 7.1% during the 4th quarter. Passumpsic Savings Bank now owns 4,873 shares of the mining company's stock worth $238,000 after purchasing an additional 325 shares during the last quarter. Institutional investors and hedge funds own 3.79% of the company's stock.

Analyst Ratings Changes

BHP has been the topic of several analyst reports. Jefferies Financial Group dropped their price objective on BHP Group from $57.00 to $53.00 and set a "hold" rating on the stock in a report on Monday, January 6th. Clarkson Capital upgraded BHP Group to a "strong-buy" rating in a research report on Friday, February 28th. Finally, StockNews.com lowered BHP Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, BHP Group presently has an average rating of "Buy" and a consensus price target of $53.00.

BHP Group Stock Performance

Shares of BHP traded up $0.21 during mid-day trading on Monday, hitting $48.42. The stock had a trading volume of 2,349,904 shares, compared to its average volume of 2,522,448. The company has a market cap of $122.78 billion, a PE ratio of 11.00 and a beta of 0.85. The company's fifty day simple moving average is $48.00 and its two-hundred day simple moving average is $50.57. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. BHP Group Limited has a fifty-two week low of $39.73 and a fifty-two week high of $63.21.

BHP Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 7th were given a dividend of $1.00 per share. The ex-dividend date was Friday, March 7th. This represents a yield of 4.8%. BHP Group's dividend payout ratio is currently 44.77%.

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.