Callan Capital LLC Has $489,000 Holdings in BHP Group Limited (NYSE:BHP)

Callan Capital LLC raised its stake in BHP Group Limited (NYSE:BHP) by 12.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,012 shares of the mining company’s stock after acquiring an additional 1,115 shares during the quarter. Callan Capital LLC’s holdings in BHP Group were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in BHP Group in the 3rd quarter valued at about $26,000. Sierra Ocean LLC acquired a new stake in BHP Group in the 4th quarter valued at about $29,000. Farmers & Merchants Investments Inc. acquired a new stake in BHP Group in the 3rd quarter valued at about $50,000. Versant Capital Management Inc acquired a new stake in BHP Group in the 4th quarter valued at about $40,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in BHP Group in the 4th quarter valued at about $46,000. Institutional investors and hedge funds own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

BHP has been the subject of several research reports. StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Jefferies Financial Group lowered their price target 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. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

BHP Group Trading Down 1.3 %

Shares of NYSE:BHP opened at $51.42 on Friday. BHP Group Limited has a one year low of $48.06 and a one year high of $63.21. The company has a 50 day moving average of $49.80 and a 200-day moving average of $53.14. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.40.

BHP Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 7th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, 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, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.