Emfo LLC Sells 53,084 Shares of BHP Group Limited (NYSE:BHP)

Emfo LLC trimmed its holdings in shares of BHP Group Limited (NYSE:BHP - Free Report) by 81.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,320 shares of the mining company's stock after selling 53,084 shares during the period. Emfo LLC's holdings in BHP Group were worth $842,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in BHP. International Assets Investment Management LLC raised its stake in shares of BHP Group by 6,529.2% during the fourth quarter. International Assets Investment Management LLC now owns 464,771 shares of the mining company's stock valued at $31,749,000 after purchasing an additional 457,760 shares during the period. Morgan Stanley increased its stake in BHP Group by 2.8% during the 3rd quarter. Morgan Stanley now owns 4,695,563 shares of the mining company's stock worth $267,084,000 after buying an additional 126,643 shares during the period. Wellington Management Group LLP increased its stake in BHP Group by 44.7% during the 3rd quarter. Wellington Management Group LLP now owns 2,993,564 shares of the mining company's stock worth $170,274,000 after buying an additional 924,202 shares during the period. XY Capital Ltd lifted its holdings in BHP Group by 422.1% in the 4th quarter. XY Capital Ltd now owns 127,566 shares of the mining company's stock worth $8,714,000 after buying an additional 103,134 shares in the last quarter. Finally, Highland Capital Management LLC purchased a new position in BHP Group in the 4th quarter valued at about $1,866,000. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Price Performance

NYSE BHP traded up $0.50 on Monday, hitting $59.07. 2,149,501 shares of the stock traded hands, compared to its average volume of 2,600,051. The stock has a 50-day moving average of $58.22 and a 200 day moving average of $60.13. The company has a current ratio of 1.57, a quick ratio of 1.22 and a debt-to-equity ratio of 0.43. BHP Group Limited has a twelve month low of $54.28 and a twelve month high of $69.11.

BHP Group Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were given a dividend of $1.44 per share. This represents a dividend yield of 5.2%. The ex-dividend date was Thursday, March 7th.

Analyst Ratings Changes

BHP has been the topic of a number of analyst reports. Citigroup raised BHP Group from a "neutral" rating to a "buy" rating in a research report on Thursday, March 14th. StockNews.com lowered BHP Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 21st. Finally, Liberum Capital reiterated a "hold" rating on shares of BHP Group in a research note on Tuesday, March 5th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, BHP Group has an average rating of "Hold" and an average price target of $50.00.

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