BHP Group Limited (NYSE:BHP) Holdings Increased by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in BHP Group Limited (NYSE:BHP) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,596 shares of the mining company’s stock after acquiring an additional 2,940 shares during the period. Yousif Capital Management LLC’s holdings in BHP Group were worth $3,046,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. SG Americas Securities LLC bought a new position in BHP Group during the 3rd quarter valued at $1,623,000. Exchange Traded Concepts LLC acquired a new position in BHP Group during the third quarter worth about $226,000. PDS Planning Inc raised its position in BHP Group by 7.3% in the third quarter. PDS Planning Inc now owns 6,394 shares of the mining company’s stock worth $364,000 after acquiring an additional 435 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of BHP Group by 2.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 123,944 shares of the mining company’s stock worth $7,050,000 after purchasing an additional 2,446 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of BHP Group during the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Trading Down 1.4 %

NYSE:BHP opened at $56.43 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.22 and a current ratio of 1.57. The stock’s 50 day moving average price is $57.85 and its 200 day moving average price is $60.24. BHP Group Limited has a 52 week low of $54.28 and a 52 week high of $69.11.

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 $1.44 dividend. This represents a dividend yield of 5.2%. The ex-dividend date of this dividend was Thursday, March 7th.

Analyst Ratings Changes

A number of brokerages recently weighed in on BHP. StockNews.com cut BHP Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Citigroup raised BHP Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 14th. Finally, Liberum Capital reiterated a “hold” rating on shares of BHP Group in a research note on Tuesday, March 5th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.00.

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