Segall Bryant & Hamill LLC bought a new stake in Harmony Gold Mining Company Limited (NYSE:HMY – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 37,100 shares of the mining company’s stock, valued at approximately $305,000.
Other institutional investors and hedge funds have also modified their holdings of the company. ABC Arbitrage SA acquired a new stake in Harmony Gold Mining in the 4th quarter worth about $20,229,000. Wellington Management Group LLP lifted its position in shares of Harmony Gold Mining by 76.8% in the third quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company’s stock valued at $27,219,000 after acquiring an additional 1,162,292 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Harmony Gold Mining in the fourth quarter valued at approximately $2,016,000. Assenagon Asset Management S.A. acquired a new stake in shares of Harmony Gold Mining in the fourth quarter worth approximately $1,804,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Harmony Gold Mining during the fourth quarter worth approximately $1,478,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, March 7th.
Harmony Gold Mining Stock Up 9.6 %
Shares of NYSE HMY opened at $14.08 on Friday. The stock has a market cap of $8.93 billion, a PE ratio of 8.33, a P/E/G ratio of 0.63 and a beta of 1.85. 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 Company Limited has a 12-month low of $7.97 and a 12-month high of $14.38. The company has a 50-day moving average of $11.54 and a 200 day moving average of $10.29.
Harmony Gold Mining Increases Dividend
The business also recently declared a semi-annual dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be given a $0.1245 dividend. The ex-dividend date is Friday, April 11th. This is a positive change from Harmony Gold Mining’s previous semi-annual dividend of $0.04. This represents a dividend 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.
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