45,679 Shares in BHP Group Limited (NYSE:BHP) Bought by Integras Partners LLC

Integras Partners LLC purchased a new position in BHP Group Limited (NYSE:BHP - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 45,679 shares of the mining company's stock, valued at approximately $2,231,000. BHP Group comprises about 1.9% of Integras Partners LLC's investment portfolio, making the stock its 28th biggest holding.

A number of other hedge funds also recently bought and sold shares of BHP. Avantax Advisory Services Inc. raised its holdings in BHP Group by 1.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 114,515 shares of the mining company's stock worth $5,592,000 after buying an additional 1,348 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in BHP Group by 139.6% in the 4th quarter. Farther Finance Advisors LLC now owns 6,903 shares of the mining company's stock worth $337,000 after acquiring an additional 4,022 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in BHP Group by 0.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 38,367 shares of the mining company's stock worth $1,873,000 after acquiring an additional 360 shares during the last quarter. Saturna Capital Corp lifted its position in BHP Group by 11.4% in the 4th quarter. Saturna Capital Corp now owns 11,868 shares of the mining company's stock valued at $580,000 after acquiring an additional 1,214 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda purchased a new stake in BHP Group during the 4th quarter valued at $9,323,000. Institutional investors own 3.79% of the company's stock.

BHP Group Stock Performance

Shares of BHP traded down $0.03 during trading hours on Tuesday, hitting $50.55. The stock had a trading volume of 2,087,967 shares, compared to its average volume of 2,410,170. BHP Group Limited has a 12 month low of $48.06 and a 12 month high of $63.21. The stock has a fifty day moving average price of $49.93 and a 200 day moving average price of $52.66. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.70 and a quick ratio of 1.25. The firm has a market capitalization of $128.17 billion, a PE ratio of 11.49 and a beta of 0.90.

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BHP Group Cuts Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on BHP shares. Clarkson Capital upgraded BHP Group to a "strong-buy" rating in a research note on Friday, February 28th. Jefferies Financial Group decreased their target price 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. Finally, StockNews.com downgraded shares of BHP Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 19th. 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 company's stock. Based on data from MarketBeat.com, BHP Group currently has a consensus rating of "Buy" and a consensus price target of $53.00.

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.