BHP Group Limited (NYSE:BHP) Shares Bought by Centaurus Financial Inc.

Centaurus Financial Inc. raised its holdings in BHP Group Limited (NYSE:BHP – Get Rating) by 17.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,020 shares of the mining company’s stock after acquiring an additional 1,360 shares during the period. Centaurus Financial Inc.’s holdings in BHP Group were worth $451,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Avantax Advisory Services Inc. increased its holdings in shares of BHP Group by 24.8% during the 3rd quarter. Avantax Advisory Services Inc. now owns 13,343 shares of the mining company’s stock worth $668,000 after buying an additional 2,648 shares during the last quarter. Mutual Advisors LLC acquired a new stake in shares of BHP Group during the 3rd quarter worth $206,000. Mission Wealth Management LP increased its holdings in shares of BHP Group by 10.3% during the 3rd quarter. Mission Wealth Management LP now owns 8,303 shares of the mining company’s stock worth $415,000 after buying an additional 778 shares during the last quarter. Archford Capital Strategies LLC increased its holdings in shares of BHP Group by 4.6% during the 3rd quarter. Archford Capital Strategies LLC now owns 6,475 shares of the mining company’s stock worth $324,000 after buying an additional 287 shares during the last quarter. Finally, SVB Wealth LLC increased its holdings in shares of BHP Group by 17.2% during the 3rd quarter. SVB Wealth LLC now owns 14,948 shares of the mining company’s stock worth $749,000 after buying an additional 2,195 shares during the last quarter. 5.90% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Stock Up 0.0 %

NYSE:BHP opened at $57.60 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 1.28. The firm has a 50-day moving average of $65.69 and a two-hundred day moving average of $58.98. BHP Group Limited has a 1-year low of $46.92 and a 1-year high of $79.66.

BHP Group Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, March 30th. Shareholders of record on Friday, March 10th will be given a $1.80 dividend. The ex-dividend date is Thursday, March 9th. This represents a yield of 8.7%.

Analysts Set New Price Targets

A number of analysts recently weighed in on BHP shares. Berenberg Bank decreased their price target on shares of BHP Group from GBX 3,000 ($36.56) to GBX 2,900 ($35.34) in a research report on Thursday, February 23rd. Deutsche Bank Aktiengesellschaft upped their price target on shares of BHP Group from GBX 2,200 ($26.81) to GBX 2,300 ($28.03) in a research report on Tuesday, January 10th. Bank of America raised shares of BHP Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 23rd. UBS Group cut shares of BHP Group from a “neutral” rating to a “sell” rating in a research report on Tuesday, December 13th. Finally, Barclays decreased their price target on shares of BHP Group from GBX 2,700 ($32.91) to GBX 2,550 ($31.08) in a research report on Wednesday, February 22nd. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $2,211.50.

BHP Group Company Profile

(Get Rating)

BHP Group Ltd. engages in the exploration, development, production and processing of iron ore, metallurgical coal and copper. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment explores, develops and produces oil and gas. The Copper segment refers to the mining of copper, silver, lead, zinc, molybdenum, uranium and gold.