Graham Capital Management L.P. Purchases Shares of 54,885 Harmony Gold Mining Company Limited (NYSE:HMY)

Graham Capital Management L.P. bought a new position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 54,885 shares of the mining company's stock, valued at approximately $451,000.

Several other institutional investors have also recently made changes to their positions in HMY. Grove Bank & Trust lifted its stake in Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock worth $41,000 after purchasing an additional 4,000 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Harmony Gold Mining by 230.3% during the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock worth $48,000 after purchasing an additional 4,081 shares during the last quarter. Optiver Holding B.V. bought a new stake in shares of Harmony Gold Mining during the fourth quarter valued at approximately $75,000. Quantbot Technologies LP purchased a new stake in shares of Harmony Gold Mining in the 4th quarter worth $77,000. Finally, Capstone Investment Advisors LLC bought a new position in Harmony Gold Mining during the 4th quarter worth about $82,000. Hedge funds and other institutional investors own 31.79% of the company's stock.

Harmony Gold Mining Stock Up 2.4%

HMY opened at $14.48 on Friday. 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 Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77. The company has a fifty day moving average of $14.66 and a two-hundred day moving average of $11.56. The stock has a market capitalization of $9.19 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 0.63 and a beta of 1.01.

Harmony Gold Mining Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were paid a $0.1245 dividend. The ex-dividend date was Friday, April 11th. This represents a yield of 0.9%. This is a boost from Harmony Gold Mining's previous semi-annual dividend of $0.04. Harmony Gold Mining's dividend payout ratio (DPR) is currently 11.24%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on HMY shares. Hsbc Global Res upgraded shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. StockNews.com upgraded shares of 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.

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