SBI Securities Co. Ltd. decreased its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 49.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,449 shares of the mining company's stock after selling 134,583 shares during the quarter. SBI Securities Co. Ltd.'s holdings in Harmony Gold Mining were worth $2,755,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in Harmony Gold Mining in the 3rd quarter valued at about $25,000. Assetmark Inc. grew its stake in shares of Harmony Gold Mining by 907.5% in the 3rd quarter. Assetmark Inc. now owns 1,753 shares of the mining company's stock valued at $32,000 after buying an additional 1,579 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Harmony Gold Mining by 181.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,773 shares of the mining company's stock worth $50,000 after buying an additional 1,789 shares during the last quarter. Bayforest Capital Ltd raised its position in shares of Harmony Gold Mining by 973.7% during the 3rd quarter. Bayforest Capital Ltd now owns 4,778 shares of the mining company's stock valued at $87,000 after buying an additional 4,333 shares during the period. Finally, Osaic Holdings Inc. raised its position in shares of Harmony Gold Mining by 22.1% during the 2nd quarter. Osaic Holdings Inc. now owns 7,436 shares of the mining company's stock valued at $104,000 after buying an additional 1,346 shares during the period. 31.79% of the stock is currently owned by institutional investors and hedge funds.
Harmony Gold Mining Price Performance
Shares of HMY stock opened at $17.50 on Thursday. The firm's 50 day moving average price is $16.97 and its 200-day moving average price is $18.82. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.38 and a current ratio of 0.54. Harmony Gold Mining Company Limited has a one year low of $12.58 and a one year high of $26.06.
Harmony Gold Mining Dividend Announcement
The company also recently announced a dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, April 24th were given a $0.3124 dividend. The ex-dividend date of this dividend was Friday, April 24th. This represents a yield of 372.0%.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on HMY shares. Morgan Stanley upgraded Harmony Gold Mining to an "overweight" rating in a research report on Thursday, April 16th. Wall Street Zen downgraded Harmony Gold Mining from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 14th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Harmony Gold Mining in a research note on Thursday, January 22nd. Finally, Zacks Research cut Harmony Gold Mining from a "hold" rating to a "strong sell" rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $16.00.
Check Out Our Latest Analysis on HMY
About Harmony Gold Mining
(
Free Report)
Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.
In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.
Further Reading
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