Harmony Gold Mining Company Limited $HMY Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC grew its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 43.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 343,243 shares of the mining company’s stock after acquiring an additional 103,150 shares during the period. Ashton Thomas Private Wealth LLC owned about 0.05% of Harmony Gold Mining worth $4,795,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its stake in shares of Harmony Gold Mining by 215.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company’s stock worth $82,289,000 after purchasing an additional 3,806,468 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Harmony Gold Mining by 14.9% during the 1st quarter. American Century Companies Inc. now owns 3,805,276 shares of the mining company’s stock worth $56,204,000 after purchasing an additional 493,041 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of Harmony Gold Mining by 4,004.0% during the 1st quarter. Acadian Asset Management LLC now owns 2,460,852 shares of the mining company’s stock worth $36,333,000 after purchasing an additional 2,400,889 shares in the last quarter. Amundi increased its stake in shares of Harmony Gold Mining by 88.9% during the 1st quarter. Amundi now owns 2,113,411 shares of the mining company’s stock worth $30,961,000 after purchasing an additional 994,888 shares in the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of Harmony Gold Mining by 15.1% during the 1st quarter. Mackenzie Financial Corp now owns 1,840,989 shares of the mining company’s stock worth $27,191,000 after purchasing an additional 241,076 shares in the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on HMY shares. Weiss Ratings reissued a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Wednesday, October 8th. Investec raised shares of Harmony Gold Mining to a “hold” rating in a research note on Friday, October 10th. BMO Capital Markets assumed coverage on shares of Harmony Gold Mining in a research note on Thursday, July 17th. They set a “market perform” rating and a $16.00 price objective for the company. HSBC raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Thursday, October 9th. Finally, Hsbc Global Res raised Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.20.

Harmony Gold Mining Stock Down 5.7%

Shares of NYSE HMY opened at $16.49 on Tuesday. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $22.25. The firm has a fifty day moving average of $16.76 and a 200-day moving average of $15.65. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.72 and a quick ratio of 1.41.

Harmony Gold Mining Announces Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Monday, October 20th. Stockholders of record on Friday, October 10th were paid a dividend of $0.0893 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a dividend yield of 98.0%.

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.