BNP Paribas Financial Markets Has $2.18 Million Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

BNP Paribas Financial Markets raised its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 1,108.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 265,570 shares of the mining company's stock after buying an additional 243,600 shares during the period. BNP Paribas Financial Markets' holdings in Harmony Gold Mining were worth $2,180,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. ABC Arbitrage SA acquired a new stake in Harmony Gold Mining in the 4th quarter worth approximately $20,229,000. Renaissance Technologies LLC bought a new stake in Harmony Gold Mining during the fourth quarter valued at about $11,903,000. Marshall Wace LLP increased its stake in shares of Harmony Gold Mining by 1,465.3% in the fourth quarter. Marshall Wace LLP now owns 388,204 shares of the mining company's stock worth $3,187,000 after purchasing an additional 363,404 shares during the period. Bridgewater Associates LP boosted its stake in Harmony Gold Mining by 72.2% during the 4th quarter. Bridgewater Associates LP now owns 694,309 shares of the mining company's stock valued at $5,700,000 after purchasing an additional 291,131 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Harmony Gold Mining during the 4th quarter valued at approximately $2,016,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HMY has been the topic of a number of research reports. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. StockNews.com upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research report on Friday, March 7th.

Harmony Gold Mining Stock Down 0.4%

Shares of NYSE HMY traded down $0.07 during mid-day trading on Wednesday, reaching $15.33. 2,887,435 shares of the company's stock were exchanged, compared to its average volume of 6,917,717. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $18.77. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 9.07, a PEG ratio of 0.63 and a beta of 1.01. The business has a fifty day simple moving average of $14.83 and a 200 day simple moving average of $11.64.

Harmony Gold Mining Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were paid a $0.1245 dividend. The ex-dividend date of this dividend was Friday, April 11th. This represents a yield of 0.9%. This is a positive change from Harmony Gold Mining's previous semi-annual dividend of $0.04. Harmony Gold Mining's payout ratio is presently 11.24%.

Harmony Gold Mining Profile

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa.