BHP Group Limited (NYSE:BHP) Shares Purchased by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC grew its holdings in shares of BHP Group Limited (NYSE:BHP) by 360.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,900 shares of the mining company’s stock after purchasing an additional 1,487 shares during the quarter. HHM Wealth Advisors LLC’s holdings in BHP Group were worth $108,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BHP. Asset Dedication LLC boosted its position in BHP Group by 7,516.7% during the second quarter. Asset Dedication LLC now owns 457 shares of the mining company’s stock worth $26,000 after acquiring an additional 451 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of BHP Group during the 2nd quarter worth approximately $27,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of BHP Group in the second quarter valued at approximately $27,000. Eagle Bay Advisors LLC acquired a new stake in shares of BHP Group in the fourth quarter valued at approximately $28,000. Finally, Rise Advisors LLC purchased a new position in BHP Group during the first quarter worth approximately $29,000. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on BHP shares. Citigroup started coverage on BHP Group in a report on Friday, May 31st. They issued a “buy” rating for the company. StockNews.com upgraded shares of BHP Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 28th. Finally, Barclays reaffirmed an “equal weight” rating on shares of BHP Group in a research note on Thursday, May 30th. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $50.00.

BHP Group Trading Up 2.9 %

NYSE:BHP opened at $52.80 on Thursday. BHP Group Limited has a 52 week low of $50.90 and a 52 week high of $69.11. The stock’s fifty day moving average is $54.88 and its two-hundred day moving average is $56.82. 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 business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Investors of record on Friday, September 13th will be issued a $1.465 dividend. This is a positive change from BHP Group’s previous Semi-Annual dividend of $1.44. This represents a yield of 5.2%. The ex-dividend date of this dividend is Friday, September 13th.

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.