LMR Partners LLP Sells 15,311 Shares of BHP Group Limited (NYSE:BHP)

LMR Partners LLP trimmed its position in shares of BHP Group Limited (NYSE:BHP - Free Report) by 19.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,547 shares of the mining company's stock after selling 15,311 shares during the period. LMR Partners LLP's holdings in BHP Group were worth $4,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Asset Dedication LLC lifted its stake in shares of BHP Group by 7,516.7% during the 2nd quarter. Asset Dedication LLC now owns 457 shares of the mining company's stock valued at $26,000 after buying an additional 451 shares in the last quarter. Eastern Bank purchased a new stake in shares of BHP Group during the third quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of BHP Group in the second quarter worth $27,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of BHP Group in the second quarter valued at $27,000. Finally, Sound Income Strategies LLC raised its stake in shares of 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 purchasing an additional 294 shares during the period. 3.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. 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 cut shares of BHP Group from a "buy" rating to a "hold" rating and reduced their price objective for the company from $72.00 to $68.00 in a research note on Friday, October 4th. Argus upgraded shares of BHP Group to a "strong-buy" rating in a research note on Thursday, September 19th. Finally, StockNews.com lowered shares of BHP Group from a "strong-buy" rating to a "buy" rating in a research report on Monday. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $68.00.

BHP Group Price Performance

BHP Group stock traded up $0.19 during mid-day trading on Tuesday, hitting $52.68. 2,618,062 shares of the company traded hands, compared to its average volume of 2,465,680. The stock has a fifty day moving average price of $56.49 and a 200-day moving average price of $56.50. BHP Group Limited has a one year low of $50.90 and a one year high of $69.11. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38.

BHP Group Increases Dividend

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

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.