8,542 Shares in BHP Group Limited (NYSE:BHP) Bought by Minot DeBlois Advisors LLC

Minot DeBlois Advisors LLC acquired a new stake in shares of BHP Group Limited (NYSE:BHP - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,542 shares of the mining company's stock, valued at approximately $417,000.

A number of other large investors also recently modified their holdings of the business. Fisher Asset Management LLC lifted its position in shares of BHP Group by 1.3% in the 4th quarter. Fisher Asset Management LLC now owns 22,225,134 shares of the mining company's stock worth $1,085,253,000 after buying an additional 280,258 shares during the last quarter. Northern Trust Corp lifted its position in shares of BHP Group by 58.5% in the 4th quarter. Northern Trust Corp now owns 2,294,562 shares of the mining company's stock worth $112,043,000 after buying an additional 846,963 shares during the last quarter. Marshall Wace LLP lifted its position in shares of BHP Group by 16.9% in the 4th quarter. Marshall Wace LLP now owns 710,003 shares of the mining company's stock worth $34,669,000 after buying an additional 102,433 shares during the last quarter. Balyasny Asset Management L.P. lifted its position in shares of BHP Group by 1,898.9% in the 4th quarter. Balyasny Asset Management L.P. now owns 707,405 shares of the mining company's stock worth $34,543,000 after buying an additional 672,016 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of BHP Group by 9.7% in the 4th quarter. American Century Companies Inc. now owns 642,756 shares of the mining company's stock worth $31,386,000 after buying an additional 57,097 shares during the last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Price Performance

Shares of NYSE BHP traded down $0.02 during midday trading on Friday, reaching $50.51. The company's stock had a trading volume of 3,264,795 shares, compared to its average volume of 2,555,498. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. The company has a 50 day moving average price of $47.69 and a 200 day moving average price of $49.94. BHP Group Limited has a one year low of $39.73 and a one year high of $63.21. The company has a market cap of $128.09 billion, a price-to-earnings ratio of 11.48 and a beta of 0.86.

BHP Group Cuts Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. StockNews.com downgraded shares of BHP Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 19th. Clarkson Capital raised shares of BHP Group to a "strong-buy" rating in a research note on Friday, February 28th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, BHP Group currently has an average rating of "Buy" and a consensus target price of $53.00.

About BHP Group

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.