BHP Group Limited (NYSE:BHP) Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its stake in shares of BHP Group Limited (NYSE:BHPFree Report) by 51.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,422 shares of the mining company’s stock after purchasing an additional 19,420 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in BHP Group were worth $3,922,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fisher Asset Management LLC increased its position in shares of BHP Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 19,902,182 shares of the mining company’s stock worth $1,359,518,000 after acquiring an additional 589,317 shares in the last quarter. Morgan Stanley increased its position in shares of BHP Group by 2.8% in the third quarter. Morgan Stanley now owns 4,695,563 shares of the mining company’s stock worth $267,084,000 after acquiring an additional 126,643 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of BHP Group by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,430,056 shares of the mining company’s stock worth $302,625,000 after acquiring an additional 168,875 shares in the last quarter. Wellington Management Group LLP increased its position in shares of BHP Group by 44.7% in the third quarter. Wellington Management Group LLP now owns 2,993,564 shares of the mining company’s stock worth $170,274,000 after acquiring an additional 924,202 shares in the last quarter. Finally, FMR LLC increased its position in shares of BHP Group by 10.6% in the third quarter. FMR LLC now owns 1,223,009 shares of the mining company’s stock worth $69,565,000 after acquiring an additional 117,239 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Trading Up 0.8 %

Shares of BHP stock traded up $0.48 during trading hours on Wednesday, hitting $59.28. 1,587,125 shares of the company were exchanged, compared to its average volume of 2,546,407. BHP Group Limited has a one year low of $54.28 and a one year high of $69.11. The business’s 50-day simple moving average is $57.53 and its two-hundred day simple moving average is $60.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.22 and a current ratio of 1.57.

BHP Group Cuts Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BHP. StockNews.com downgraded shares of BHP Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Citigroup upgraded shares of BHP Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 14th. Finally, Liberum Capital restated 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 two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $50.00.

Check Out Our Latest Analysis on BHP

BHP Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BHP Group (NYSE:BHP)

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