Strategy Asset Managers LLC Has $6.26 Million Stock Holdings in BHP Group Limited (NYSE:BHP)

Strategy Asset Managers LLC trimmed its position in shares of BHP Group Limited (NYSE:BHP - Free Report) by 22.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,799 shares of the mining company's stock after selling 28,516 shares during the period. Strategy Asset Managers LLC's holdings in BHP Group were worth $6,261,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Bank of Montreal Can increased its position in BHP Group by 532.2% in the 2nd quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company's stock valued at $134,442,000 after acquiring an additional 1,981,008 shares during the period. Westwood Global Investments LLC grew its position in BHP Group by 4.4% in the 2nd quarter. Westwood Global Investments LLC now owns 1,220,251 shares of the mining company's stock valued at $69,664,000 after buying an additional 51,263 shares in the last quarter. XY Capital Ltd increased its stake in BHP Group by 503.6% during the 3rd quarter. XY Capital Ltd now owns 921,666 shares of the mining company's stock valued at $57,245,000 after buying an additional 768,972 shares during the period. Capital International Investors lifted its stake in shares of BHP Group by 42.4% in the 1st quarter. Capital International Investors now owns 757,231 shares of the mining company's stock worth $43,685,000 after acquiring an additional 225,428 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of BHP Group by 6.1% during the second quarter. American Century Companies Inc. now owns 549,394 shares of the mining company's stock valued at $31,365,000 after acquiring an additional 31,442 shares during the period. Institutional investors and hedge funds own 3.79% of the company's stock.

BHP Group Trading Down 1.0 %

BHP traded down $0.51 during midday trading on Wednesday, reaching $52.17. The company's stock had a trading volume of 1,192,317 shares, compared to its average volume of 2,460,037. The company has a fifty day simple moving average of $56.51 and a 200 day simple moving average of $56.48. BHP Group Limited has a twelve month low of $50.90 and a twelve month high of $69.11. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70.

BHP Group Increases Dividend

The company also recently announced 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 represents a dividend yield of 5.2%. This is a boost from BHP Group's previous Semi-Annual dividend of $1.44.

Analyst Upgrades and Downgrades

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

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.