Community Bank N.A. Sells 2,050 Shares of BHP Group Limited (NYSE:BHP)

Community Bank N.A. decreased its stake in shares of BHP Group Limited (NYSE:BHP) by 62.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,250 shares of the mining company’s stock after selling 2,050 shares during the period. Community Bank N.A.’s holdings in BHP Group were worth $61,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC boosted its holdings in shares of BHP Group by 93.7% during the 3rd quarter. Barclays PLC now owns 226,083 shares of the mining company’s stock worth $14,042,000 after buying an additional 109,337 shares during the period. FMR LLC boosted its holdings in shares of BHP Group by 10.0% during the 3rd quarter. FMR LLC now owns 1,434,417 shares of the mining company’s stock worth $89,092,000 after buying an additional 129,908 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of BHP Group by 10.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 600,086 shares of the mining company’s stock worth $37,271,000 after buying an additional 55,095 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of BHP Group by 17.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 153,170 shares of the mining company’s stock worth $9,513,000 after buying an additional 22,677 shares during the period. Finally, Range Financial Group LLC bought a new stake in shares of BHP Group during the 4th quarter worth about $1,301,000. Institutional investors own 3.79% of the company’s stock.

BHP Group Trading Down 0.2 %

Shares of NYSE BHP opened at $49.23 on Monday. The firm has a 50 day moving average price of $50.03 and a two-hundred day moving average price of $52.55. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.25 and a current ratio of 1.70. BHP Group Limited has a 52-week low of $48.06 and a 52-week high of $63.21. The stock has a market cap of $124.82 billion, a P/E ratio of 11.19 and a beta of 0.90.

BHP Group Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 7th will be paid a $1.00 dividend. This represents a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, March 7th. BHP Group’s dividend payout ratio is currently 44.77%.

Analyst Ratings Changes

BHP has been the subject of several analyst reports. StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 19th. Jefferies Financial Group dropped their target price on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Finally, Clarkson Capital upgraded shares of BHP Group to a “strong-buy” rating in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $53.00.

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.