Marshall Wace LLP Acquires 363,404 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Marshall Wace LLP increased its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 1,465.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 388,204 shares of the mining company's stock after acquiring an additional 363,404 shares during the period. Marshall Wace LLP owned about 0.06% of Harmony Gold Mining worth $3,187,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of HMY. Grove Bank & Trust raised its stake in shares of Harmony Gold Mining by 400.0% during 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 stake in Harmony Gold Mining by 230.3% in the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after purchasing an additional 4,081 shares during the last quarter. Quantbot Technologies LP acquired a new position in Harmony Gold Mining during the fourth quarter worth approximately $77,000. Advisory Services Network LLC bought a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $87,000. Finally, Alliance Wealth Advisors LLC UT acquired a new stake in shares of Harmony Gold Mining in the fourth quarter valued at approximately $88,000. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Performance

Shares of NYSE:HMY traded down $1.18 during trading on Thursday, reaching $14.74. 1,734,255 shares of the stock were exchanged, compared to its average volume of 5,247,172. Harmony Gold Mining Company Limited has a 12 month low of $7.97 and a 12 month high of $18.77. The stock has a 50-day moving average price of $13.71 and a 200-day moving average price of $11.26. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The firm has a market cap of $9.35 billion, a PE ratio of 8.74, a PEG ratio of 0.63 and a beta of 1.42.

Harmony Gold Mining Increases Dividend

The company 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 is an increase from Harmony Gold Mining's previous semi-annual dividend of $0.04. This represents a yield of 0.9%. Harmony Gold Mining's payout ratio is 11.24%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HMY shares. StockNews.com raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a 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 report on Thursday, April 17th.

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.