Walleye Capital LLC Takes Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Walleye Capital LLC acquired a new stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 119,945 shares of the mining company's stock, valued at approximately $985,000.

Other large investors have also recently bought and sold shares of the company. Grove Bank & Trust grew its holdings in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock valued at $41,000 after buying an additional 4,000 shares during the period. Jones Financial Companies Lllp boosted its position in Harmony Gold Mining by 230.3% during the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock worth $48,000 after acquiring 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 $77,000. Advisory Services Network LLC acquired a new stake in shares of Harmony Gold Mining in the fourth quarter valued at about $87,000. Finally, Alliance Wealth Advisors LLC UT acquired a new position in shares of Harmony Gold Mining during the 4th quarter worth approximately $88,000. Institutional investors own 31.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HMY. StockNews.com upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Hsbc Global Res upgraded Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th.

Harmony Gold Mining Stock Performance

Shares of HMY traded down $0.56 during midday trading on Friday, reaching $15.44. 3,054,821 shares of the stock were exchanged, compared to its average volume of 5,261,584. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The stock's 50 day simple moving average is $13.36 and its 200 day simple moving average is $11.10. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $18.77. The company has a market cap of $9.80 billion, a P/E ratio of 9.12, a PEG ratio of 0.63 and a beta of 1.42.

Harmony Gold Mining Increases Dividend

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

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.