Thompson Siegel & Walmsley LLC Has $29.46 Million Stock Position in BHP Group Limited (NYSE:BHP)

Thompson Siegel & Walmsley LLC cut its stake in shares of BHP Group Limited (NYSE:BHP - Free Report) by 17.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 431,209 shares of the mining company's stock after selling 90,100 shares during the quarter. Thompson Siegel & Walmsley LLC's holdings in BHP Group were worth $29,456,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its position in shares of BHP Group by 6,529.2% during the 4th quarter. International Assets Investment Management LLC now owns 464,771 shares of the mining company's stock worth $31,749,000 after purchasing an additional 457,760 shares in the last quarter. XY Capital Ltd boosted its position in shares of BHP Group by 422.1% during the 4th quarter. XY Capital Ltd now owns 127,566 shares of the mining company's stock worth $8,714,000 after purchasing an additional 103,134 shares in the last quarter. Morgan Stanley boosted its position in shares of 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 purchasing an additional 126,643 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of 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 purchasing an additional 924,202 shares in the last quarter. Finally, Townsend & Associates Inc boosted its position in shares of BHP Group by 61.6% during the 4th quarter. Townsend & Associates Inc now owns 236,437 shares of the mining company's stock worth $14,699,000 after purchasing an additional 90,105 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

BHP Group Stock Performance

Shares of BHP Group stock traded up $0.07 on Friday, hitting $57.19. The company's stock had a trading volume of 1,560,245 shares, compared to its average volume of 2,485,808. BHP Group Limited has a 52-week low of $54.28 and a 52-week high of $69.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.57 and a quick ratio of 1.22. The firm has a fifty day moving average price of $57.52 and a 200-day moving average price of $60.18.

BHP Group Cuts Dividend

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

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