PKO Investment Management Joint Stock Co Makes New Investment in Harmony Gold Mining Company Limited (NYSE:HMY)

PKO Investment Management Joint Stock Co bought a new position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 298,700 shares of the mining company's stock, valued at approximately $2,452,000.

A number of other large investors have also added to or reduced their stakes in HMY. Jump Financial LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at about $174,000. Raymond James Financial Inc. acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at about $624,000. Walleye Capital LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at about $985,000. ABC Arbitrage SA acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at about $20,229,000. Finally, Summit Financial LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at about $1,233,000. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Stock Performance

NYSE HMY traded up $0.04 during trading hours on Friday, reaching $14.61. The stock had a trading volume of 5,871,042 shares, compared to its average volume of 5,332,740. The stock has a fifty day moving average of $15.24 and a 200 day moving average of $11.94. The stock has a market cap of $9.27 billion, a P/E ratio of 8.64, a price-to-earnings-growth ratio of 0.63 and a beta of 1.01. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $18.77. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56.

Harmony Gold Mining Increases Dividend

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

Analysts Set New Price Targets

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

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.