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

Community Bank N.A. trimmed its position in shares of BHP Group Limited (NYSE:BHP) by 62.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,250 shares of the mining company’s stock after selling 2,050 shares during the quarter. Community Bank N.A.’s holdings in BHP Group were worth $61,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BHP. Sierra Ocean LLC bought a new position in shares of BHP Group during the fourth quarter worth $29,000. Versant Capital Management Inc acquired a new stake in shares of BHP Group during the fourth quarter worth $40,000. Union Bancaire Privee UBP SA acquired a new stake in shares of BHP Group during the fourth quarter worth $46,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of BHP Group during the fourth quarter worth $54,000. Finally, Rothschild Investment LLC raised its holdings in shares of BHP Group by 119.4% during the fourth quarter. Rothschild Investment LLC now owns 1,301 shares of the mining company’s stock worth $64,000 after acquiring an additional 708 shares during the period. 3.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Jefferies Financial Group dropped their price objective on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, January 6th. Clarkson Capital upgraded shares of BHP Group to a “strong-buy” rating in a report on Friday, February 28th. Finally, StockNews.com lowered shares of BHP Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $53.00.

BHP Group Stock Down 0.2 %

Shares of BHP stock opened at $49.23 on Monday. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. BHP Group Limited has a 1 year low of $48.06 and a 1 year high of $63.21. The firm’s fifty day moving average price is $50.03 and its two-hundred day moving average price is $52.55. The firm has a market capitalization 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 dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a dividend yield of 4.8%. BHP Group’s dividend payout ratio is presently 44.77%.

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.