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

Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. purchased a new stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 65,700 shares of the mining company's stock, valued at approximately $539,000. Harmony Gold Mining comprises 1.6% of Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.'s investment portfolio, making the stock its 13th biggest holding.

Several other large investors have also made changes to their positions in HMY. American Century Companies Inc. raised its position in Harmony Gold Mining by 5.5% during the fourth quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock valued at $27,193,000 after acquiring an additional 171,282 shares in the last quarter. Millennium Management LLC grew its position in Harmony Gold Mining by 59.5% during the fourth quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after buying an additional 982,740 shares during the period. ABC Arbitrage SA purchased a new position in Harmony Gold Mining in the fourth quarter valued at $20,229,000. Renaissance Technologies LLC acquired a new stake in shares of Harmony Gold Mining during the 4th quarter valued at about $11,903,000. Finally, Lazard Asset Management LLC boosted its position in Harmony Gold Mining by 32.1% during the fourth quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock worth $10,249,000 after purchasing an additional 303,723 shares in the last quarter. 31.79% of the stock is owned by hedge funds and other institutional investors.

Harmony Gold Mining Price Performance

Shares of NYSE HMY traded up $0.08 during mid-day trading on Thursday, reaching $14.73. The company's stock had a trading volume of 3,019,240 shares, compared to its average volume of 5,302,423. The stock has a 50-day moving average of $15.16 and a two-hundred day moving average of $11.83. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The stock has a market capitalization of $9.35 billion, a P/E ratio of 8.71, a P/E/G ratio of 0.63 and a beta of 1.01. Harmony Gold Mining Company Limited has a 1-year low of $7.97 and a 1-year high of $18.77.

Harmony Gold Mining Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were paid a $0.1245 dividend. This represents a yield of 0.9%. This is a positive change 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 dividend payout ratio (DPR) is 11.24%.

Wall Street Analyst Weigh In

HMY has been the subject 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 note on Thursday, April 17th. Wall Street Zen raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.

About Harmony Gold Mining

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.