BHP Group Limited Sponsored ADR $BHP Shares Acquired by American Century Companies Inc.

American Century Companies Inc. raised its position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 18.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 920,304 shares of the mining company’s stock after purchasing an additional 142,060 shares during the period. American Century Companies Inc.’s holdings in BHP Group were worth $51,307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BHP. Caldwell Trust Co bought a new stake in shares of BHP Group during the second quarter valued at approximately $31,000. Salomon & Ludwin LLC increased its position in BHP Group by 3,040.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock valued at $38,000 after acquiring an additional 669 shares during the period. JFS Wealth Advisors LLC increased its position in BHP Group by 68.9% in the 3rd quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock valued at $39,000 after acquiring an additional 284 shares during the period. NewSquare Capital LLC raised its stake in BHP Group by 249.8% during the 2nd quarter. NewSquare Capital LLC now owns 871 shares of the mining company’s stock valued at $42,000 after acquiring an additional 622 shares in the last quarter. Finally, True Wealth Design LLC boosted its position in BHP Group by 229.7% during the 3rd quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock worth $42,000 after acquiring an additional 526 shares during the period. Institutional investors own 3.79% of the company’s stock.

BHP Group Price Performance

Shares of NYSE BHP opened at $75.57 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44. BHP Group Limited Sponsored ADR has a 12 month low of $39.73 and a 12 month high of $83.21. The business has a fifty day simple moving average of $69.86 and a 200-day simple moving average of $60.74.

BHP Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, March 6th will be issued a $1.46 dividend. This represents a dividend yield of 399.0%. The ex-dividend date is Friday, March 6th.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BHP shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BHP Group in a report on Wednesday, February 18th. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of BHP Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Argus upgraded shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research note on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have issued a Hold rating and one has given a Sell 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 $56.00.

BHP Group Company Profile

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.