Knights of Columbus Asset Advisors LLC Increases Holdings in BHP Group Limited (NYSE:BHP)

Knights of Columbus Asset Advisors LLC grew its holdings in BHP Group Limited (NYSE:BHP) by 6.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,042 shares of the mining company’s stock after acquiring an additional 320 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in BHP Group were worth $344,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Salem Investment Counselors Inc. increased its stake in BHP Group by 110.0% in the second quarter. Salem Investment Counselors Inc. now owns 460 shares of the mining company’s stock valued at $26,000 after purchasing an additional 241 shares during the last quarter. Covestor Ltd purchased a new position in shares of BHP Group in the 1st quarter valued at $26,000. Russell Investments Group Ltd. acquired a new stake in BHP Group during the 1st quarter worth $27,000. Coppell Advisory Solutions LLC purchased a new stake in BHP Group in the second quarter valued at $33,000. Finally, Coppell Advisory Solutions Corp. acquired a new position in BHP Group in the fourth quarter valued at $34,000. Institutional investors and hedge funds own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Liberum Capital reiterated a “hold” rating on shares of BHP Group in a research report on Tuesday, March 5th. Citigroup upgraded BHP Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 14th. Finally, StockNews.com lowered shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, BHP Group presently has an average rating of “Hold” and an average target price of $50.00.

BHP Group Stock Up 0.2 %

BHP Group stock opened at $58.12 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $58.03 and a two-hundred day moving average of $60.19. BHP Group Limited has a twelve month low of $54.28 and a twelve month high of $69.11.

BHP Group Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were given a $1.44 dividend. The ex-dividend date was Thursday, March 7th. This represents a yield of 5.2%.

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.