B. Metzler seel. Sohn & Co. AG Purchases 17,358 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 92.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,208 shares of the mining company’s stock after purchasing an additional 17,358 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Harmony Gold Mining were worth $297,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Bank of Montreal Can boosted its holdings in Harmony Gold Mining by 4.0% in the 3rd quarter. Bank of Montreal Can now owns 228,288 shares of the mining company’s stock worth $2,466,000 after buying an additional 8,862 shares during the period. FMR LLC grew its position in shares of Harmony Gold Mining by 522.6% in the third quarter. FMR LLC now owns 38,620 shares of the mining company’s stock valued at $393,000 after purchasing an additional 32,417 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Harmony Gold Mining during the 3rd quarter valued at $528,000. HighTower Advisors LLC lifted its holdings in Harmony Gold Mining by 298.5% during the 3rd quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company’s stock worth $525,000 after purchasing an additional 39,237 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in Harmony Gold Mining by 76.8% in the 3rd quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company’s stock worth $27,219,000 after purchasing an additional 1,162,292 shares during the period. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Trading Down 11.4 %

Shares of HMY stock opened at $12.99 on Friday. The company has a market capitalization of $8.24 billion, a PE ratio of 7.68, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $15.22. The business’s fifty day moving average is $11.95 and its 200 day moving average is $10.47. 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 Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, April 11th will be issued a $0.1245 dividend. The ex-dividend date is Friday, April 11th. This represents a dividend yield of 0.9%. This is a boost from Harmony Gold Mining’s previous semi-annual dividend of $0.04. Harmony Gold Mining’s dividend payout ratio (DPR) is presently 11.24%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, March 7th.

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.