BHP Group Limited (NYSE:BHP) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC decreased its stake in shares of BHP Group Limited (NYSE:BHP - Free Report) by 16.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,051 shares of the mining company's stock after selling 18,750 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in BHP Group were worth $5,842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Banque Cantonale Vaudoise acquired a new stake in shares of BHP Group in the 1st quarter valued at $47,000. International Assets Investment Management LLC grew its position in shares of BHP Group by 4.3% in the 1st quarter. International Assets Investment Management LLC now owns 7,098 shares of the mining company's stock valued at $414,000 after acquiring an additional 294 shares during the period. Ballentine Partners LLC boosted its holdings in shares of BHP Group by 2.6% during the first quarter. Ballentine Partners LLC now owns 8,212 shares of the mining company's stock worth $474,000 after acquiring an additional 205 shares during the period. Sunbelt Securities Inc. increased its position in shares of BHP Group by 12.1% in the first quarter. Sunbelt Securities Inc. now owns 2,135 shares of the mining company's stock worth $123,000 after purchasing an additional 231 shares during the period. Finally, GoalVest Advisory LLC bought a new position in BHP Group in the first quarter valued at about $182,000. 3.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

BHP Group Trading Down 1.6 %

Shares of BHP traded down $0.91 during mid-day trading on Wednesday, reaching $55.74. 1,516,803 shares of the company's stock traded hands, compared to its average volume of 2,482,009. BHP Group Limited has a 12 month low of $50.90 and a 12 month high of $69.11. The stock's 50-day moving average is $55.99 and its two-hundred day moving average is $56.88. The stock has a market cap of $141.17 billion, a P/E ratio of 12.01, a P/E/G ratio of 3.95 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29.

BHP Group Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 13th were issued a $1.465 dividend. The ex-dividend date of this dividend 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's dividend payout ratio is currently 62.08%.

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.