BHP Group Ltd (BHP) Holdings Boosted by Bronfman E.L. Rothschild L.P.
Bronfman E.L. Rothschild L.P. grew its holdings in BHP Group Ltd (NYSE:BHP) by 16.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,589 shares of the mining company’s stock after purchasing an additional 223 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in BHP Group were worth $77,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. We Are One Seven LLC acquired a new position in BHP Group in the fourth quarter worth $32,000. Berman Capital Advisors LLC bought a new stake in shares of BHP Group during the fourth quarter worth $33,000. Doyle Wealth Management bought a new stake in shares of BHP Group during the fourth quarter worth $39,000. Legacy Financial Advisors Inc. raised its position in shares of BHP Group by 115.7% during the fourth quarter. Legacy Financial Advisors Inc. now owns 822 shares of the mining company’s stock worth $40,000 after acquiring an additional 441 shares during the last quarter. Finally, CNB Bank bought a new stake in shares of BHP Group during the fourth quarter worth $40,000. 3.75% of the stock is currently owned by institutional investors.
A number of equities research analysts have recently weighed in on BHP shares. ValuEngine upgraded BHP Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Zacks Investment Research downgraded BHP Group from a “buy” rating to a “hold” rating in a research report on Monday, December 10th. JPMorgan Chase & Co. downgraded BHP Group from an “overweight” rating to a “neutral” rating in a research report on Thursday, December 6th. Goldman Sachs Group downgraded BHP Group from a “conviction-buy” rating to a “buy” rating in a research report on Monday, January 14th. Finally, CLSA downgraded BHP Group from an “outperform” rating to an “underperform” rating in a research report on Thursday, February 7th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. BHP Group has a consensus rating of “Hold” and a consensus price target of $51.90.
The business also recently disclosed a special dividend, which will be paid on Tuesday, March 26th. Investors of record on Friday, March 8th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Thursday, March 7th. This represents a yield of 4.65%. BHP Group’s dividend payout ratio is presently 65.48%.
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BHP Group Company Profile
BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
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