Harmony Gold Mining Company Limited (NYSE:HMY) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 8.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,085,181 shares of the mining company's stock after purchasing an additional 81,642 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.17% of Harmony Gold Mining worth $8,909,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in HMY. ABC Arbitrage SA purchased a new position in shares of 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 in the 4th quarter valued at about $11,903,000. Marshall Wace LLP raised its stake in shares of Harmony Gold Mining by 1,465.3% in the 4th quarter. Marshall Wace LLP now owns 388,204 shares of the mining company's stock valued at $3,187,000 after purchasing an additional 363,404 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Harmony Gold Mining by 32.1% in the 4th quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock valued at $10,249,000 after purchasing an additional 303,723 shares in the last quarter. Finally, Bridgewater Associates LP raised its stake in shares of Harmony Gold Mining by 72.2% in the 4th quarter. Bridgewater Associates LP now owns 694,309 shares of the mining company's stock valued at $5,700,000 after purchasing an additional 291,131 shares in the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Hsbc Global Res upgraded 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 upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th.

Harmony Gold Mining Stock Down 0.6%

Shares of Harmony Gold Mining stock traded down $0.09 during trading on Thursday, reaching $15.25. The company had a trading volume of 1,119,203 shares, compared to its average volume of 5,294,036. The company has a market cap of $9.68 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 0.63 and a beta of 1.01. The firm's fifty day moving average is $14.90 and its 200-day moving average is $11.67. 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.

Harmony Gold Mining Increases Dividend

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

Harmony Gold Mining Company 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.