OLD Mission Capital LLC Buys Shares of 181,771 Harmony Gold Mining Company Limited (NYSE:HMY)

OLD Mission Capital LLC bought a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 181,771 shares of the mining company’s stock, valued at approximately $1,492,000.

Other large investors also recently modified their holdings of the company. ABC Arbitrage SA acquired a new stake in Harmony Gold Mining in the fourth quarter worth $20,229,000. Wellington Management Group LLP increased its holdings in shares of 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 acquiring an additional 1,162,292 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Harmony Gold Mining in the 4th quarter worth about $2,016,000. Assenagon Asset Management S.A. bought a new stake in Harmony Gold Mining in the 4th quarter valued at about $1,804,000. Finally, SBI Securities Co. Ltd. acquired a new position in Harmony Gold Mining during the 4th quarter valued at about $1,478,000. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Price Performance

Shares of HMY opened at $15.10 on Thursday. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $15.29. The stock’s fifty day moving average is $11.83 and its 200-day moving average is $10.42. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The firm has a market capitalization of $9.58 billion, a price-to-earnings ratio of 8.93, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85.

Harmony Gold Mining Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, April 11th will be given a dividend of $0.1245 per share. This represents a dividend yield of 0.9%. This is an increase from Harmony Gold Mining’s previous semi-annual dividend of $0.04. The ex-dividend date is Friday, April 11th. Harmony Gold Mining’s payout ratio is 11.24%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised 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.