Willis Investment Counsel Has $28.67 Million Position in BHP Group Limited Sponsored ADR $BHP

Willis Investment Counsel reduced its stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 5.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 474,843 shares of the mining company’s stock after selling 29,364 shares during the quarter. BHP Group comprises 1.5% of Willis Investment Counsel’s portfolio, making the stock its 22nd biggest position. Willis Investment Counsel’s holdings in BHP Group were worth $28,666,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC grew its position in shares of BHP Group by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 23,149,649 shares of the mining company’s stock worth $1,290,593,000 after buying an additional 307,397 shares during the period. Bank of America Corp DE grew its position in shares of BHP Group by 25.2% during the 3rd quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock worth $193,197,000 after buying an additional 697,316 shares during the period. Northern Trust Corp grew its position in shares of BHP Group by 5.3% during the 3rd quarter. Northern Trust Corp now owns 2,443,560 shares of the mining company’s stock worth $136,228,000 after buying an additional 123,382 shares during the period. SIH Partners LLLP grew its position in shares of BHP Group by 937.5% during the 3rd quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock worth $103,511,000 after buying an additional 1,677,739 shares during the period. Finally, American Century Companies Inc. grew its position in shares of BHP Group by 18.3% during the 3rd quarter. American Century Companies Inc. now owns 920,304 shares of the mining company’s stock worth $51,307,000 after buying an additional 142,060 shares during the period. 3.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on BHP shares. Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Citigroup reiterated a “neutral” rating on shares of BHP Group in a report on Tuesday, February 10th. Zacks Research cut BHP Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. Berenberg Bank upgraded BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Argus upgraded BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a report on Tuesday, December 30th. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, BHP Group presently has a consensus rating of “Hold” and a consensus target price of $53.33.

BHP Group Stock Performance

NYSE:BHP opened at $77.01 on Thursday. BHP Group Limited Sponsored ADR has a fifty-two week low of $40.66 and a fifty-two week high of $83.21. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. The business’s 50-day simple moving average is $73.07 and its 200-day simple moving average is $63.54.

BHP Group Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, March 26th. Shareholders of record on Friday, March 6th were paid a $1.46 dividend. The ex-dividend date was Friday, March 6th. This represents a yield of 399.0%.

BHP Group Profile

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.