Harmony Gold Mining Company Limited (NYSE:HMY) Shares Acquired by Diversify Wealth Management LLC

Diversify Wealth Management LLC boosted its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 13.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,962 shares of the mining company’s stock after buying an additional 10,609 shares during the period. Diversify Wealth Management LLC’s holdings in Harmony Gold Mining were worth $884,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in HMY. Diversify Advisory Services LLC acquired a new position in Harmony Gold Mining in the 1st quarter valued at $712,000. SG Americas Securities LLC grew its holdings in shares of Harmony Gold Mining by 225.6% during the first quarter. SG Americas Securities LLC now owns 108,954 shares of the mining company’s stock worth $890,000 after buying an additional 75,494 shares in the last quarter. Consolidated Portfolio Review Corp acquired a new stake in shares of Harmony Gold Mining in the third quarter valued at about $1,187,000. Cetera Investment Advisers purchased a new position in shares of Harmony Gold Mining in the first quarter worth about $2,097,000. Finally, Quantbot Technologies LP boosted its position in Harmony Gold Mining by 201.9% during the first quarter. Quantbot Technologies LP now owns 92,956 shares of the mining company’s stock worth $759,000 after acquiring an additional 62,169 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Stock Down 0.9 %

Shares of NYSE:HMY opened at $11.27 on Thursday. The business has a 50-day moving average price of $10.24 and a 200 day moving average price of $9.60. The company has a market capitalization of $7.13 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 0.57 and a beta of 1.79. Harmony Gold Mining Company Limited has a 12-month low of $4.42 and a 12-month high of $12.29. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04.

Harmony Gold Mining Cuts Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Monday, October 21st. Investors of record on Friday, October 11th were issued a $0.042 dividend. The ex-dividend date was Friday, October 11th. This represents a yield of 1.2%. Harmony Gold Mining’s dividend payout ratio (DPR) is presently 5.84%.

Wall Street Analysts Forecast Growth

HMY has been the subject of a number of recent research reports. Bank of America initiated coverage on shares of Harmony Gold Mining in a report on Monday, October 21st. They issued a “neutral” rating for the company. JPMorgan Chase & Co. raised Harmony Gold Mining from an “underweight” rating to a “neutral” rating and increased their price target for the company from $4.90 to $8.20 in a report on Thursday, October 10th.

Harmony Gold Mining 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.