Fisher Asset Management LLC Has $1.36 Billion Stock Position in BHP Group Limited (NYSE:BHP)

Fisher Asset Management LLC grew its stake in BHP Group Limited (NYSE:BHP - Free Report) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,902,182 shares of the mining company's stock after buying an additional 589,317 shares during the quarter. Fisher Asset Management LLC owned 0.79% of BHP Group worth $1,359,518,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in BHP Group by 44.7% during the third 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 in the last quarter. International Assets Investment Management LLC grew its holdings in shares of BHP Group by 6,529.2% in 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 acquiring an additional 457,760 shares in the last quarter. Jennison Associates LLC bought a new position in shares of BHP Group in the fourth quarter valued at approximately $12,381,000. Morgan Stanley grew its holdings in BHP Group by 2.8% during the third quarter. Morgan Stanley now owns 4,695,563 shares of the mining company's stock valued at $267,084,000 after purchasing an additional 126,643 shares during the period. Finally, QRG Capital Management Inc. purchased a new stake in shares of BHP Group during the third quarter worth $6,933,000. Institutional investors and hedge funds own 3.79% of the company's stock.

BHP Group Stock Up 1.1 %

BHP traded up $0.58 on Thursday, reaching $55.58. The stock had a trading volume of 2,781,840 shares, compared to its average volume of 2,633,404. BHP Group Limited has a 12-month low of $54.28 and a 12-month high of $69.11. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43. The business's 50-day moving average price is $57.67 and its two-hundred day moving average price is $60.20.

BHP Group Cuts Dividend

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

Wall Street Analysts Forecast Growth

BHP has been the topic of several research reports. Citigroup raised BHP Group from a "neutral" rating to a "buy" rating in a research report on Thursday, March 14th. StockNews.com downgraded shares of BHP Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 21st. Finally, Liberum Capital reissued a "hold" rating on shares of BHP Group in a research report on Tuesday, March 5th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently 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.