975 Shares in BHP Group Limited (NYSE:BHP) Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new stake in shares of BHP Group Limited (NYSE:BHP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 975 shares of the mining company’s stock, valued at approximately $46,000.

Several other institutional investors also recently bought and sold shares of the company. Sierra Ocean LLC purchased a new position in shares of BHP Group in the fourth quarter valued at approximately $29,000. Farmers & Merchants Investments Inc. purchased a new position in BHP Group in the 3rd quarter valued at approximately $50,000. Versant Capital Management Inc acquired a new position in shares of BHP Group in the fourth quarter worth $40,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of BHP Group during the fourth quarter worth $54,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of BHP Group by 42.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,169 shares of the mining company’s stock valued at $73,000 after acquiring an additional 351 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group Stock Performance

Shares of NYSE BHP opened at $50.67 on Wednesday. The stock’s 50-day simple moving average is $49.80 and its 200-day simple moving average is $53.11. BHP Group Limited has a fifty-two week low of $48.06 and a fifty-two week high of $63.21. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.70 and a quick ratio of 1.25.

BHP Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 7th will be given a dividend of $1.00 per share. The ex-dividend date is Friday, March 7th. This represents a dividend yield of 4.8%.

Wall Street Analyst Weigh In

Several research firms recently commented on BHP. Jefferies Financial Group lowered their target price on BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research note on Monday, January 6th. StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 19th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $53.00.

BHP Group Company 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.