65,700 Shares in Harmony Gold Mining Company Limited (NYSE:HMY) Acquired by Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.

Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. acquired a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 65,700 shares of the mining company's stock, valued at approximately $539,000. Harmony Gold Mining makes up approximately 1.6% of Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.'s investment portfolio, making the stock its 13th largest position.

A number of other institutional investors also recently made changes to their positions in the business. ABC Arbitrage SA bought a new position in shares of Harmony Gold Mining during the fourth quarter valued at about $20,229,000. Renaissance Technologies LLC bought a new stake in shares of Harmony Gold Mining in the 4th quarter valued at about $11,903,000. Millennium Management LLC boosted its holdings in Harmony Gold Mining by 59.5% during the 4th quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after acquiring an additional 982,740 shares during the period. Two Sigma Investments LP grew its position in Harmony Gold Mining by 274.0% during the 4th quarter. Two Sigma Investments LP now owns 498,405 shares of the mining company's stock worth $4,092,000 after acquiring an additional 365,132 shares during the last quarter. Finally, Marshall Wace LLP grew its position in Harmony Gold Mining by 1,465.3% during the 4th quarter. Marshall Wace LLP now owns 388,204 shares of the mining company's stock worth $3,187,000 after acquiring an additional 363,404 shares during the last quarter. Hedge funds and other institutional investors own 31.79% of the company's stock.

Analyst Ratings Changes

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

Harmony Gold Mining Stock Down 8.7%

Shares of HMY traded down $1.38 on Tuesday, hitting $14.46. 6,138,417 shares of the stock traded hands, compared to its average volume of 5,301,959. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $18.77. The company has a market capitalization of $9.18 billion, a PE ratio of 8.56, a P/E/G ratio of 0.63 and a beta of 1.01. The business has a 50 day simple moving average of $15.09 and a 200 day simple moving average of $11.79. 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. Stockholders of record on Friday, April 11th were issued 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 of this dividend was Friday, April 11th. 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.