Jeppson Wealth Management LLC Has $2.23 Million Holdings in BHP Group Limited (NYSE:BHP)

Jeppson Wealth Management LLC increased its position in shares of BHP Group Limited (NYSE:BHP) by 10.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,871 shares of the mining company’s stock after acquiring an additional 3,430 shares during the quarter. BHP Group accounts for about 0.8% of Jeppson Wealth Management LLC’s holdings, making the stock its 28th largest position. Jeppson Wealth Management LLC’s holdings in BHP Group were worth $2,228,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Virtu Financial LLC acquired a new stake in shares of BHP Group during the first quarter valued at approximately $1,953,000. XY Capital Ltd grew its position in BHP Group by 503.6% during the third quarter. XY Capital Ltd now owns 921,666 shares of the mining company’s stock valued at $57,245,000 after purchasing an additional 768,972 shares in the last quarter. Ausbil Investment Management Ltd purchased a new position in BHP Group during the third quarter valued at approximately $2,360,000. SG Americas Securities LLC grew its position in BHP Group by 477.0% during the second quarter. SG Americas Securities LLC now owns 209,883 shares of the mining company’s stock valued at $11,982,000 after purchasing an additional 173,510 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in BHP Group by 269.6% during the second quarter. AQR Capital Management LLC now owns 28,358 shares of the mining company’s stock valued at $1,619,000 after purchasing an additional 20,685 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on BHP. Sanford C. Bernstein raised shares of BHP Group from a “market perform” rating to an “outperform” rating in a research report on Monday, September 16th. 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 downgraded shares of BHP Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $72.00 to $68.00 in a research report on Friday, October 4th. Finally, Argus raised shares of BHP Group to a “strong-buy” rating in a research report on Thursday, September 19th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, BHP Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

BHP Group Price Performance

NYSE BHP opened at $53.53 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $56.50 and a 200 day simple moving average of $56.65. BHP Group Limited has a 1 year low of $50.90 and a 1 year high of $69.11.

BHP Group Increases Dividend

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

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.