BHP Group Limited (NYSE:BHP) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in shares of BHP Group Limited (NYSE:BHP) by 6,529.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 464,771 shares of the mining company’s stock after purchasing an additional 457,760 shares during the period. International Assets Investment Management LLC’s holdings in BHP Group were worth $31,749,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. XY Capital Ltd increased its position in shares of BHP Group by 422.1% during the fourth 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. Breakwater Capital Group increased its position in shares of BHP Group by 10.1% during the fourth quarter. Breakwater Capital Group now owns 9,309 shares of the mining company’s stock worth $636,000 after purchasing an additional 853 shares in the last quarter. Ballentine Partners LLC increased its position in shares of BHP Group by 97.6% during the fourth quarter. Ballentine Partners LLC now owns 8,007 shares of the mining company’s stock worth $547,000 after purchasing an additional 3,955 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of BHP Group by 26.1% during the fourth quarter. Venturi Wealth Management LLC now owns 7,507 shares of the mining company’s stock worth $513,000 after purchasing an additional 1,556 shares in the last quarter. Finally, Requisite Capital Management LLC increased its position in shares of BHP Group by 18.8% during the fourth quarter. Requisite Capital Management LLC now owns 12,674 shares of the mining company’s stock worth $866,000 after purchasing an additional 2,005 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group Price Performance

NYSE:BHP opened at $60.49 on Wednesday. BHP Group Limited has a one year low of $54.28 and a one year 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 firm’s fifty day moving average is $58.36 and its two-hundred day moving average is $60.04.

BHP Group Cuts Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on BHP shares. StockNews.com lowered shares of BHP Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Citigroup raised shares of BHP Group from a “neutral” rating to a “buy” rating in a report on Thursday, March 14th. Finally, Liberum Capital reaffirmed a “hold” rating on shares of BHP Group in a report 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’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.