FORA Capital LLC Has $1.19 Million Stock Holdings in BHP Group Limited (NYSE:BHP)

FORA Capital LLC trimmed its position in shares of BHP Group Limited (NYSE:BHP) by 63.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,357 shares of the mining company’s stock after selling 42,081 shares during the period. FORA Capital LLC’s holdings in BHP Group were worth $1,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sterling Capital Management LLC grew its stake in BHP Group by 1.4% during the 4th quarter. Sterling Capital Management LLC now owns 13,856 shares of the mining company’s stock valued at $677,000 after acquiring an additional 195 shares in the last quarter. Invesco Ltd. boosted its stake in shares of BHP Group by 1.8% during the 4th quarter. Invesco Ltd. now owns 11,150 shares of the mining company’s stock worth $544,000 after acquiring an additional 198 shares in the last quarter. Kovack Advisors Inc. boosted its holdings in shares of BHP Group by 5.2% during the 4th quarter. Kovack Advisors Inc. now owns 4,353 shares of the mining company’s stock worth $213,000 after buying an additional 215 shares during the period. Essex Savings Bank grew its stake in BHP Group by 3.0% in the 4th quarter. Essex Savings Bank now owns 7,483 shares of the mining company’s stock valued at $365,000 after buying an additional 219 shares during the last quarter. Finally, Passumpsic Savings Bank raised its holdings in BHP Group by 7.1% in the 4th quarter. Passumpsic Savings Bank now owns 4,873 shares of the mining company’s stock worth $238,000 after acquiring an additional 325 shares during the period. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. StockNews.com cut BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 19th. Clarkson Capital raised shares of BHP Group to a “strong-buy” rating in a report on Friday, February 28th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $53.00.

BHP Group Price Performance

Shares of BHP stock opened at $48.67 on Friday. BHP Group Limited has a 12 month low of $39.73 and a 12 month high of $63.21. The company has a market capitalization of $123.42 billion, a P/E ratio of 11.06 and a beta of 0.86. The stock has a 50 day moving average of $47.68 and a two-hundred day moving average of $50.11. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40.

BHP Group Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 7th were given a $1.00 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a yield of 4.8%. BHP Group’s dividend payout ratio (DPR) is currently 44.77%.

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