116,738 Shares in Harmony Gold Mining Company Limited (NYSE:HMY) Bought by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 116,738 shares of the mining company’s stock, valued at approximately $1,187,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Veracity Capital LLC grew its holdings in shares of Harmony Gold Mining by 7.9% in the third quarter. Veracity Capital LLC now owns 13,747 shares of the mining company’s stock worth $140,000 after purchasing an additional 1,003 shares during the last quarter. Beverly Hills Private Wealth LLC raised its stake in shares of Harmony Gold Mining by 5.0% during the second quarter. Beverly Hills Private Wealth LLC now owns 28,916 shares of the mining company’s stock valued at $265,000 after acquiring an additional 1,378 shares in the last quarter. Creative Planning boosted its holdings in shares of Harmony Gold Mining by 3.6% in the third quarter. Creative Planning now owns 59,686 shares of the mining company’s stock valued at $607,000 after purchasing an additional 2,061 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in Harmony Gold Mining by 20.2% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 14,137 shares of the mining company’s stock worth $130,000 after purchasing an additional 2,377 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its holdings in Harmony Gold Mining by 15.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,366 shares of the mining company’s stock worth $178,000 after purchasing an additional 2,611 shares during the period. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Down 2.8 %

HMY traded down $0.32 on Friday, hitting $11.28. The company had a trading volume of 2,992,584 shares, compared to its average volume of 3,710,795. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The stock has a fifty day moving average price of $10.23 and a 200-day moving average price of $9.55. Harmony Gold Mining Company Limited has a 12-month low of $4.42 and a 12-month high of $12.29.

Harmony Gold Mining Cuts Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Monday, October 21st. Investors of record on Friday, October 11th were given a dividend of $0.042 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a yield of 1.2%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised Harmony Gold Mining from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $4.90 to $8.20 in a research report on Thursday, October 10th. Bank of America started coverage on shares of Harmony Gold Mining in a research report on Monday, October 21st. They set a “neutral” rating on the stock.

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.