Crossmark Global Holdings Inc. Acquires 60,857 Shares of BHP Group Limited (NYSE:BHP)

Crossmark Global Holdings Inc. increased its position in shares of BHP Group Limited (NYSE:BHP - Free Report) by 65.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 154,274 shares of the mining company's stock after purchasing an additional 60,857 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in BHP Group were worth $9,582,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Sigma Planning Corp purchased a new stake in BHP Group during the third quarter valued at about $235,000. Townsend & Associates Inc increased its holdings in BHP Group by 4.1% in the third quarter. Townsend & Associates Inc now owns 261,590 shares of the mining company's stock valued at $16,247,000 after buying an additional 10,360 shares during the last quarter. XY Capital Ltd increased its holdings in BHP Group by 503.6% in the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company's stock valued at $57,245,000 after buying an additional 768,972 shares during the last quarter. Confluence Investment Management LLC grew its holdings in shares of BHP Group by 11.4% during the third quarter. Confluence Investment Management LLC now owns 8,657 shares of the mining company's stock valued at $538,000 after purchasing an additional 885 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS grew its holdings in shares of BHP Group by 4.9% during the third quarter. Kornitzer Capital Management Inc. KS now owns 140,927 shares of the mining company's stock valued at $8,753,000 after purchasing an additional 6,525 shares during the last quarter. Hedge funds and other institutional investors own 3.79% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on BHP shares. Sanford C. Bernstein raised BHP Group from a "market perform" rating to an "outperform" rating in a report on Monday, September 16th. Jefferies Financial Group lowered BHP Group from a "buy" rating to a "hold" rating and reduced their target price for the company from $72.00 to $68.00 in a report on Friday, October 4th. Argus upgraded BHP Group to a "strong-buy" rating in a report on Thursday, September 19th. Finally, StockNews.com raised shares of BHP Group from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, August 28th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $68.00.

BHP Group Price Performance

Shares of BHP Group stock traded down $1.66 during midday trading on Monday, reaching $53.53. The company had a trading volume of 4,091,732 shares, compared to its average volume of 2,463,467. The stock has a fifty day simple moving average of $56.50 and a 200 day simple moving average of $56.65. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70. BHP Group Limited has a 1-year low of $50.90 and a 1-year high of $69.11.

BHP Group Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 13th were given a $1.465 dividend. This is a boost from BHP Group's previous Semi-Annual dividend of $1.44. This represents a yield of 5.2%. The ex-dividend date was Friday, September 13th.

BHP Group Company 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.