Bokf Na Boosts Stake in BHP Group Limited (NYSE:BHP)

Bokf Na lifted its holdings in shares of BHP Group Limited (NYSE:BHP) by 47.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,752 shares of the mining company’s stock after acquiring an additional 1,858 shares during the quarter. Bokf Na’s holdings in BHP Group were worth $328,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BHP. Asset Dedication LLC raised its position in shares of BHP Group by 7,516.7% in the 2nd quarter. Asset Dedication LLC now owns 457 shares of the mining company’s stock valued at $26,000 after purchasing an additional 451 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in BHP Group during the 2nd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in BHP Group during the 2nd quarter worth $27,000. Rise Advisors LLC bought a new stake in shares of BHP Group in the 1st quarter worth about $29,000. Finally, WFA Asset Management Corp acquired a new stake in shares of BHP Group in the 1st quarter valued at about $31,000. Hedge funds and other institutional investors own 3.79% of the company’s stock.

BHP Group Stock Performance

Shares of NYSE BHP opened at $53.55 on Tuesday. The stock’s 50 day simple moving average is $54.53 and its 200 day simple moving average is $56.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.29. BHP Group Limited has a 12-month low of $50.90 and a 12-month high of $69.11.

BHP Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Barclays reissued an “equal weight” rating on shares of BHP Group in a report on Thursday, May 30th. Sanford C. Bernstein raised BHP Group from a “market perform” rating to an “outperform” rating in a research report on Monday. StockNews.com raised shares of BHP Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 28th. Finally, Citigroup started coverage on shares of BHP Group in a report on Friday, May 31st. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, BHP Group presently has an average rating of “Moderate Buy”.

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