Clarius Group LLC Sells 3,253 Shares of BHP Group Limited (NYSE:BHP)

Clarius Group LLC lowered its holdings in shares of BHP Group Limited (NYSE:BHP) by 29.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,817 shares of the mining company’s stock after selling 3,253 shares during the quarter. Clarius Group LLC’s holdings in BHP Group were worth $486,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Shorepath Capital Management LLC bought a new position in BHP Group during the fourth quarter valued at $4,354,000. Addenda Capital Inc. raised its stake in shares of BHP Group by 27.1% in the first quarter. Addenda Capital Inc. now owns 112,562 shares of the mining company’s stock valued at $6,494,000 after acquiring an additional 23,968 shares during the period. Virtu Financial LLC purchased a new stake in shares of BHP Group in the first quarter valued at $1,953,000. Quantbot Technologies LP raised its stake in shares of BHP Group by 104.7% in the first quarter. Quantbot Technologies LP now owns 32,822 shares of the mining company’s stock valued at $1,894,000 after acquiring an additional 16,788 shares during the period. Finally, Fisher Asset Management LLC raised its stake in shares of BHP Group by 2.9% in the fourth quarter. Fisher Asset Management LLC now owns 19,864,440 shares of the mining company’s stock valued at $1,356,940,000 after acquiring an additional 551,575 shares during the period. Institutional investors own 3.79% of the company’s stock.

BHP Group Stock Performance

BHP stock opened at $58.95 on Friday. BHP Group Limited has a 12 month low of $50.90 and a 12 month high of $69.11. The firm’s 50-day moving average is $55.43 and its 200 day moving average is $56.93. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38.

BHP Group Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 13th were paid a $1.465 dividend. This represents a yield of 5.2%. The ex-dividend date of this dividend was Friday, September 13th. This is an increase from BHP Group’s previous Semi-Annual dividend of $1.44.

Analyst Ratings Changes

Several brokerages have recently weighed in on BHP. Argus raised shares of BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. StockNews.com raised shares of BHP Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 28th. 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. Finally, Jefferies Financial Group downgraded shares of BHP Group from a “buy” rating to a “hold” rating and reduced their target price for the company from $72.00 to $68.00 in a research note on Friday, October 4th. Three analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.00.

About BHP Group

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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.