Fisher Asset Management LLC Has $1.36 Billion Stock Holdings in BHP Group Limited (NYSE:BHP)

Fisher Asset Management LLC grew its stake in shares of BHP Group Limited (NYSE:BHP) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,944,876 shares of the mining company’s stock after purchasing an additional 633,290 shares during the quarter. Fisher Asset Management LLC’s holdings in BHP Group were worth $1,362,996,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Montreal Can raised its stake in BHP Group by 532.2% in the 2nd quarter. Bank of Montreal Can now owns 2,353,268 shares of the mining company’s stock valued at $134,442,000 after acquiring an additional 1,981,008 shares during the period. XY Capital Ltd boosted its position in BHP Group by 503.6% during the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock worth $57,245,000 after purchasing an additional 768,972 shares during the period. Mediolanum International Funds Ltd acquired a new position in shares of BHP Group in the third quarter valued at $33,458,000. International Assets Investment Management LLC raised its position in shares of BHP Group by 6,281.5% in the third quarter. International Assets Investment Management LLC now owns 444,664 shares of the mining company’s stock valued at $276,180,000 after purchasing an additional 437,696 shares during the period. Finally, Pathway Financial Advisers LLC raised its position in shares of BHP Group by 5,577.6% in the third quarter. Pathway Financial Advisers LLC now owns 263,666 shares of the mining company’s stock valued at $16,376,000 after purchasing an additional 259,022 shares during the period. Institutional investors own 3.79% of the company’s stock.

BHP Group Price Performance

BHP opened at $52.36 on Monday. 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 Limited has a 52-week low of $50.90 and a 52-week high of $69.11. The business’s fifty day moving average is $56.46 and its 200-day moving average is $56.38.

BHP Group Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 13th were 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 was Friday, September 13th.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BHP shares. Sanford C. Bernstein upgraded shares of BHP Group from a “market perform” rating to an “outperform” rating in a research note on Monday, September 16th. StockNews.com downgraded BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 18th. Argus raised BHP Group to a “strong-buy” rating in a report on Thursday, September 19th. Finally, Jefferies Financial Group lowered BHP Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $72.00 to $68.00 in a report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

BHP Group 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.