FORA Capital LLC Has $1.19 Million Holdings in BHP Group Limited (NYSE:BHP)

FORA Capital LLC cut its stake in BHP Group Limited (NYSE:BHP - Free Report) by 63.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,357 shares of the mining company's stock after selling 42,081 shares during the period. FORA Capital LLC's holdings in BHP Group were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of BHP. Barclays PLC boosted its position in BHP Group by 93.7% in the 3rd quarter. Barclays PLC now owns 226,083 shares of the mining company's stock valued at $14,042,000 after buying an additional 109,337 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of BHP Group by 17.4% during the third quarter. Franklin Resources Inc. now owns 316,454 shares of the mining company's stock valued at $18,807,000 after acquiring an additional 46,791 shares during the period. Ridgewood Investments LLC boosted its holdings in BHP Group by 136.4% in the fourth quarter. Ridgewood Investments LLC now owns 5,018 shares of the mining company's stock valued at $245,000 after acquiring an additional 2,895 shares during the last quarter. Aprio Wealth Management LLC increased its position in BHP Group by 57.0% in the fourth quarter. Aprio Wealth Management LLC now owns 6,005 shares of the mining company's stock worth $293,000 after purchasing an additional 2,180 shares during the period. Finally, Moody National Bank Trust Division acquired a new stake in BHP Group in the fourth quarter worth about $401,000. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Trading Up 1.8%

Shares of NYSE BHP traded up $0.92 during midday trading on Tuesday, reaching $50.82. 2,412,547 shares of the stock were exchanged, compared to its average volume of 2,554,886. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.70 and a quick ratio of 1.25. BHP Group Limited has a 12 month low of $39.73 and a 12 month high of $63.21. The business has a 50-day simple moving average of $47.67 and a two-hundred day simple moving average of $49.98. The company has a market capitalization of $128.87 billion, a price-to-earnings ratio of 11.55 and a beta of 0.86.

BHP Group Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 7th were issued a $1.00 dividend. The ex-dividend date was Friday, March 7th. This represents a dividend yield of 4.8%. BHP Group's dividend payout ratio (DPR) is currently 44.77%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Clarkson Capital upgraded shares of BHP Group to a "strong-buy" rating in a research report on Friday, February 28th. StockNews.com cut shares of BHP Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, BHP Group presently has an average rating of "Buy" and an average price target 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.