Schroder Investment Management Group Sells 27,819 Shares of Harmony Gold Mining Company Limited $HMY

Schroder Investment Management Group reduced its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 50.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,441 shares of the mining company’s stock after selling 27,819 shares during the quarter. Schroder Investment Management Group’s holdings in Harmony Gold Mining were worth $383,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Jump Financial LLC boosted its position in Harmony Gold Mining by 2,655.3% during the 1st quarter. Jump Financial LLC now owns 585,608 shares of the mining company’s stock valued at $8,649,000 after acquiring an additional 564,354 shares in the last quarter. Walleye Capital LLC increased its position in shares of Harmony Gold Mining by 103.6% during the first quarter. Walleye Capital LLC now owns 244,232 shares of the mining company’s stock worth $3,607,000 after purchasing an additional 124,287 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Harmony Gold Mining by 30.7% during the 1st quarter. Russell Investments Group Ltd. now owns 467,378 shares of the mining company’s stock valued at $6,571,000 after purchasing an additional 109,873 shares during the last quarter. U S Global Investors Inc. boosted its position in shares of Harmony Gold Mining by 105.3% in the 2nd quarter. U S Global Investors Inc. now owns 307,960 shares of the mining company’s stock worth $4,302,000 after purchasing an additional 157,960 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in 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 buying an additional 493,041 shares during the last quarter. Institutional investors own 31.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Wednesday, October 8th. Investec upgraded shares of Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. Zacks Research upgraded shares of Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Hsbc Global Res raised shares of Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 9th. Finally, Wall Street Zen raised shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Harmony Gold Mining has a consensus rating of “Buy” and an average price target of $16.00.

Harmony Gold Mining Stock Performance

Shares of Harmony Gold Mining stock opened at $19.29 on Monday. The firm has a fifty day moving average price of $18.03 and a 200 day moving average price of $15.98. Harmony Gold Mining Company Limited has a 1 year low of $7.97 and a 1 year high of $22.25. 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 company also recently announced a semi-annual dividend, which was paid on Monday, October 20th. Stockholders of record on Friday, October 10th were issued a dividend of $0.0893 per share. This represents a dividend yield of 98.0%. The ex-dividend date of this dividend was Friday, October 10th.

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.