Frazier Financial Advisors LLC Has $36,000 Holdings in BHP Group Limited (NYSE:BHP)

Frazier Financial Advisors LLC lessened its stake in shares of BHP Group Limited (NYSE:BHP) by 33.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 572 shares of the mining company’s stock after selling 285 shares during the period. Frazier Financial Advisors LLC’s holdings in BHP Group were worth $36,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BHP. Sei Investments Co. raised its holdings in BHP Group by 10.3% during the 1st quarter. Sei Investments Co. now owns 91,313 shares of the mining company’s stock worth $5,268,000 after buying an additional 8,511 shares during the period. Headlands Technologies LLC grew its stake in BHP Group by 424.1% during the 1st quarter. Headlands Technologies LLC now owns 608 shares of the mining company’s stock valued at $35,000 after acquiring an additional 492 shares in the last quarter. Russell Investments Group Ltd. grew its stake in BHP Group by 10.7% during the 1st quarter. Russell Investments Group Ltd. now owns 2,934 shares of the mining company’s stock valued at $169,000 after acquiring an additional 284 shares in the last quarter. Blair William & Co. IL grew its stake in BHP Group by 3.6% during the 1st quarter. Blair William & Co. IL now owns 12,709 shares of the mining company’s stock valued at $733,000 after acquiring an additional 444 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its stake in BHP Group by 11.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 145,274 shares of the mining company’s stock valued at $8,381,000 after acquiring an additional 14,589 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Trading Down 0.4 %

Shares of NYSE BHP opened at $51.84 on Friday. The business has a 50 day simple moving average of $56.47 and a 200 day simple moving average of $56.51. BHP Group Limited has a 52 week low of $50.90 and a 52 week high of $69.11. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29.

BHP Group Increases Dividend

The company 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 is a boost from BHP Group’s previous Semi-Annual dividend of $1.44. The ex-dividend date was Friday, September 13th. This represents a dividend yield of 5.2%.

Analysts Set New Price Targets

Several equities analysts have weighed in on BHP shares. StockNews.com raised BHP Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 28th. Sanford C. Bernstein raised BHP Group from a “market perform” rating to an “outperform” rating in a research note on Monday, September 16th. Argus raised BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, Jefferies Financial Group cut BHP Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $72.00 to $68.00 in a research note on Friday, October 4th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $68.00.

BHP Group Company 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.