TD Waterhouse Canada Inc. Has $3.53 Million Position in BHP Group Limited Sponsored ADR $BHP

TD Waterhouse Canada Inc. grew its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP) by 33.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,890 shares of the mining company’s stock after purchasing an additional 10,770 shares during the period. TD Waterhouse Canada Inc.’s holdings in BHP Group were worth $3,527,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parallel Advisors LLC increased its position in BHP Group by 1.3% in the fourth quarter. Parallel Advisors LLC now owns 12,039 shares of the mining company’s stock worth $727,000 after purchasing an additional 150 shares during the period. Affinity Capital Advisors LLC lifted its position in BHP Group by 4.1% during the 2nd quarter. Affinity Capital Advisors LLC now owns 3,822 shares of the mining company’s stock valued at $320,000 after purchasing an additional 152 shares during the period. Williams & Novak LLC boosted its stake in shares of BHP Group by 3.7% in the 2nd quarter. Williams & Novak LLC now owns 4,862 shares of the mining company’s stock valued at $405,000 after purchasing an additional 173 shares during the last quarter. Bailard Inc. boosted its stake in shares of BHP Group by 1.4% in the 4th quarter. Bailard Inc. now owns 12,395 shares of the mining company’s stock valued at $748,000 after purchasing an additional 174 shares during the last quarter. Finally, Addison Advisors LLC grew its position in shares of BHP Group by 31.8% during the 4th quarter. Addison Advisors LLC now owns 751 shares of the mining company’s stock worth $45,000 after buying an additional 181 shares during the period. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group Stock Performance

BHP opened at $90.50 on Tuesday. The business’s 50-day moving average price is $87.36 and its two-hundred day moving average price is $82.57. BHP Group Limited Sponsored ADR has a 1 year low of $51.83 and a 1 year high of $98.71. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.88 and a quick ratio of 1.48.

BHP Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, September 23rd. Investors of record on Friday, September 4th will be given a $1.98 dividend. This represents a yield of 438.0%. The ex-dividend date of this dividend is Friday, September 4th.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings raised shares of BHP Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 18th. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BHP Group in a research report on Thursday, July 2nd. Wall Street Zen downgraded BHP Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Finally, Zacks Research downgraded BHP Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $78.00.

BHP Group Company 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.