Vise Technologies Inc. Purchases Shares of 21,255 Harmony Gold Mining Company Limited $HMY

Vise Technologies Inc. purchased a new position in Harmony Gold Mining Company Limited (NYSE:HMY) in the 2nd quarter, HoldingsChannel reports. The fund purchased 21,255 shares of the mining company’s stock, valued at approximately $297,000.

A number of other large investors have also modified their holdings of HMY. First Horizon Advisors Inc. purchased a new position in Harmony Gold Mining in the second quarter valued at $55,000. Hantz Financial Services Inc. raised its position in Harmony Gold Mining by 533.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock valued at $62,000 after purchasing an additional 3,747 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in Harmony Gold Mining in the 2nd quarter valued at about $69,000. Brooklyn Investment Group boosted its stake in shares of Harmony Gold Mining by 165,766.7% in the 1st quarter. Brooklyn Investment Group now owns 4,976 shares of the mining company’s stock valued at $73,000 after buying an additional 4,973 shares during the period. Finally, Parallel Advisors LLC grew its position in shares of Harmony Gold Mining by 16.7% during the second quarter. Parallel Advisors LLC now owns 5,494 shares of the mining company’s stock worth $77,000 after buying an additional 788 shares in the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Down 4.7%

HMY opened at $17.00 on Monday. Harmony Gold Mining Company Limited has a 52 week low of $7.97 and a 52 week high of $22.25. The business has a 50 day moving average price of $17.37 and a two-hundred day moving average price of $15.65. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 0.04.

Harmony Gold Mining Announces Dividend

The business also recently declared 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. This represents a dividend yield of 98.0%. The ex-dividend date was Friday, October 10th.

Analysts Set New Price Targets

Several analysts recently weighed in on HMY shares. HSBC raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Thursday, October 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Wednesday, October 8th. Investec raised Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. Hsbc Global Res raised Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 9th. Finally, Wall Street Zen lowered shares of Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $16.00.

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.