Mather Group LLC. Sells 2,002 Shares of BHP Group Limited (NYSE:BHP)

Mather Group LLC. decreased its position in BHP Group Limited (NYSE:BHP) by 30.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 4,579 shares of the mining company’s stock after selling 2,002 shares during the period. Mather Group LLC.’s holdings in BHP Group were worth $284,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Asset Dedication LLC increased its stake in shares of BHP Group by 7,516.7% in the 2nd 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. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in BHP Group in the second quarter worth $27,000. Ashton Thomas Private Wealth LLC bought a new stake in BHP Group in the second quarter valued at $27,000. Rise Advisors LLC bought a new position in shares of BHP Group during the 1st quarter worth about $29,000. Finally, WFA Asset Management Corp acquired a new stake in shares of BHP Group in the 1st quarter valued at about $31,000. Institutional investors own 3.79% of the company’s stock.

BHP Group Stock Performance

BHP stock opened at $58.95 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70. BHP Group Limited has a twelve month low of $50.90 and a twelve month high of $69.11. The stock’s 50 day moving average is $55.43 and its 200-day moving average is $56.93.

BHP Group Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 13th were issued a dividend of $1.465 per share. This represents a yield of 5.2%. This is an increase from BHP Group’s previous Semi-Annual dividend of $1.44. The ex-dividend date of this dividend was Friday, September 13th.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BHP shares. Sanford C. Bernstein raised BHP Group from a “market perform” rating to an “outperform” rating in a research note on Monday, September 16th. Jefferies Financial Group cut BHP Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $72.00 to $68.00 in a report on Friday, October 4th. Argus upgraded shares of BHP Group to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, StockNews.com raised shares of BHP Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 28th. 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, the company currently has a consensus rating of “Moderate Buy” and a consensus 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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.