BHP Group Limited (NYSE:BHP) Shares Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. increased its stake in shares of BHP Group Limited (NYSE:BHP - Free Report) by 392.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,424 shares of the mining company's stock after purchasing an additional 14,680 shares during the quarter. Fox Run Management L.L.C.'s holdings in BHP Group were worth $900,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. American Century Companies Inc. raised its holdings in shares of BHP Group by 9.7% during the fourth quarter. American Century Companies Inc. now owns 642,756 shares of the mining company's stock worth $31,386,000 after purchasing an additional 57,097 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of BHP Group during the 4th quarter valued at approximately $1,638,000. Summit Global Investments acquired a new position in shares of BHP Group in the 4th quarter valued at $4,216,000. Palogic Value Management L.P. boosted its holdings in BHP Group by 0.5% during the fourth quarter. Palogic Value Management L.P. now owns 82,496 shares of the mining company's stock worth $4,028,000 after buying an additional 396 shares in the last quarter. Finally, Whittier Trust Co. grew its position in BHP Group by 24.8% during the fourth quarter. Whittier Trust Co. now owns 9,533 shares of the mining company's stock valued at $465,000 after buying an additional 1,894 shares during the period. 3.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on BHP shares. Jefferies Financial Group cut their price objective on BHP Group from $57.00 to $53.00 and set a "hold" rating for the company in a research report on Monday, January 6th. Clarkson Capital upgraded shares of BHP Group to a "strong-buy" rating in a research report on Friday, February 28th. Finally, StockNews.com lowered shares of BHP Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $53.00.

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BHP Group Trading Down 0.3 %

Shares of BHP traded down $0.17 during midday trading on Thursday, reaching $49.65. The company had a trading volume of 2,747,961 shares, compared to its average volume of 2,413,182. The firm has a 50 day simple moving average of $50.03 and a 200-day simple moving average of $52.49. The company has a quick ratio of 1.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.40. The stock has a market cap of $125.91 billion, a PE ratio of 11.29 and a beta of 0.90. BHP Group Limited has a 1-year low of $48.06 and a 1-year high of $63.21.

BHP Group Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 7th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a dividend yield of 4.8%. BHP Group's dividend payout ratio (DPR) is 44.77%.

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.