Fisher Asset Management LLC Buys 633,290 Shares of BHP Group Limited (NYSE:BHP)

Fisher Asset Management LLC boosted its position in BHP Group Limited (NYSE:BHP - Free Report) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,944,876 shares of the mining company's stock after acquiring an additional 633,290 shares during the period. Fisher Asset Management LLC owned 0.87% of BHP Group worth $1,362,996,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Asset Dedication LLC lifted its position in shares of BHP Group by 7,516.7% in the 2nd quarter. Asset Dedication LLC now owns 457 shares of the mining company's stock worth $26,000 after purchasing an additional 451 shares during the period. Eastern Bank purchased a new stake in shares of BHP Group in the 3rd quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in BHP Group during the 2nd quarter valued at about $27,000. Ashton Thomas Private Wealth LLC purchased a new position in BHP Group during the 2nd quarter valued at about $27,000. Finally, Sound Income Strategies LLC lifted its position in BHP Group by 124.6% during the 3rd quarter. Sound Income Strategies LLC now owns 530 shares of the mining company's stock valued at $33,000 after acquiring an additional 294 shares during the period. Institutional investors own 3.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BHP. Argus raised shares of BHP Group to a "strong-buy" rating in a research report on Thursday, September 19th. Sanford C. Bernstein raised shares of BHP Group from a "market perform" rating to an "outperform" rating in a research report on Monday, September 16th. StockNews.com cut shares of BHP Group from a "strong-buy" rating to a "buy" rating in a report on Monday, November 18th. Finally, Jefferies Financial Group cut shares of BHP Group from a "buy" rating to a "hold" rating and decreased their target price for the stock from $72.00 to $68.00 in a report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $68.00.

BHP Group Stock Performance

BHP Group stock traded up $0.11 during trading hours on Monday, hitting $52.47. The stock had a trading volume of 1,644,071 shares, compared to its average volume of 2,459,047. The stock's 50-day moving average price is $56.44 and its 200-day moving average price is $56.34. BHP Group Limited has a 12-month low of $50.90 and a 12-month high of $69.11. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

BHP Group Increases Dividend

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

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.