CENTRAL TRUST Co Has $311,000 Position in BHP Group Limited (NYSE:BHP)

CENTRAL TRUST Co lessened its position in BHP Group Limited (NYSE:BHP) by 8.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,398 shares of the mining company’s stock after selling 501 shares during the period. CENTRAL TRUST Co’s holdings in BHP Group were worth $311,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in BHP. Eagle Bay Advisors LLC bought a new position in BHP Group in the 4th quarter valued at $28,000. Rise Advisors LLC bought a new position in shares of BHP Group in the first quarter valued at about $29,000. WFA Asset Management Corp acquired a new position in BHP Group during the 1st quarter worth about $31,000. Viking Fund Management LLC bought a new stake in BHP Group during the 1st quarter worth about $33,000. Finally, Cape Investment Advisory Inc. increased its position in BHP Group by 37.4% in the 3rd quarter. Cape Investment Advisory Inc. now owns 639 shares of the mining company’s stock valued at $36,000 after acquiring an additional 174 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

BHP has been the subject of a number of recent research reports. Citigroup upgraded BHP Group from a “neutral” rating to a “buy” rating in a research report on Thursday, March 14th. Liberum Capital reaffirmed a “hold” rating on shares of BHP Group in a research note on Tuesday, March 5th. Finally, StockNews.com cut shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $50.00.

BHP Group Trading Down 4.7 %

BHP stock traded down $2.89 during midday trading on Wednesday, hitting $58.74. The company’s stock had a trading volume of 3,615,550 shares, compared to its average volume of 2,556,526. The company’s fifty day moving average price is $57.93 and its 200 day moving average price is $60.33. The company has a quick ratio of 1.22, a current ratio of 1.57 and a debt-to-equity ratio of 0.43. BHP Group Limited has a twelve month low of $54.28 and a twelve month high of $69.11.

BHP Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were paid a dividend of $1.44 per share. This represents a dividend yield of 5.2%. The ex-dividend date of this dividend was Thursday, March 7th.

BHP Group 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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.