BHP Group Limited (NYSE:BHP) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its position in BHP Group Limited (NYSE:BHP) by 65.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,274 shares of the mining company’s stock after acquiring an additional 60,857 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in BHP Group were worth $9,582,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BHP. Eastern Bank purchased a new position in shares of BHP Group in the third quarter valued at $26,000. Asset Dedication LLC grew its stake in shares of BHP Group by 7,516.7% during the second quarter. Asset Dedication LLC now owns 457 shares of the mining company’s stock valued at $26,000 after acquiring an additional 451 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of BHP Group during the second quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of BHP Group during the second quarter worth about $27,000. Finally, Sound Income Strategies LLC lifted its stake in shares of BHP Group by 124.6% in the third quarter. Sound Income Strategies LLC now owns 530 shares of the mining company’s stock worth $33,000 after acquiring an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 3.79% of the company’s stock.

BHP Group Trading Down 4.4 %

Shares of BHP opened at $55.19 on Monday. BHP Group Limited has a 52 week low of $50.90 and a 52 week high of $69.11. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average of $56.50 and a 200-day moving average of $56.67.

BHP Group Increases Dividend

The firm also recently disclosed 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 represents a yield of 5.2%. The ex-dividend date was Friday, September 13th. This is an increase from BHP Group’s previous Semi-Annual dividend of $1.44.

Analyst Ratings Changes

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

About BHP Group

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.