Dimensional Fund Advisors LP lessened its stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,384,541 shares of the mining company's stock after selling 421,220 shares during the quarter. Dimensional Fund Advisors LP owned about 1.16% of Harmony Gold Mining worth $60,618,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of HMY. Jump Financial LLC acquired a new position in Harmony Gold Mining during the 4th quarter worth $174,000. ABC Arbitrage SA bought a new position in Harmony Gold Mining in the fourth quarter valued at about $20,229,000. Walleye Capital LLC acquired a new stake in Harmony Gold Mining in the fourth quarter worth about $985,000. Summit Financial LLC bought a new stake in Harmony Gold Mining during the 4th quarter worth about $1,233,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Harmony Gold Mining during the 4th quarter valued at about $923,000. 31.79% of the stock is owned by institutional investors.
Harmony Gold Mining Trading Up 5.7 %
Shares of NYSE:HMY traded up $0.86 during mid-day trading on Monday, reaching $15.91. The stock had a trading volume of 5,373,761 shares, compared to its average volume of 5,274,282. The firm has a 50 day simple moving average of $13.86 and a two-hundred day simple moving average of $11.33. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $18.77. The firm has a market cap of $10.10 billion, a PE ratio of 9.42, a price-to-earnings-growth ratio of 0.63 and a beta of 1.42. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04.
Harmony Gold Mining Increases Dividend
The company also recently declared a semi-annual dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 11th were given a dividend of $0.1245 per share. This represents a dividend yield of 0.9%. This is a boost from Harmony Gold Mining's previous semi-annual dividend of $0.04. The ex-dividend date was Friday, April 11th. Harmony Gold Mining's dividend payout ratio (DPR) is currently 11.24%.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on HMY shares. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. StockNews.com raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th.
Read Our Latest Stock Analysis on HMY
Harmony Gold Mining Profile
(
Free Report)
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.
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