MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $8.91 Million Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 8.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,085,181 shares of the mining company’s stock after buying an additional 81,642 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Harmony Gold Mining were worth $8,909,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HMY. Assenagon Asset Management S.A. acquired a new position in shares of Harmony Gold Mining in the 4th quarter worth approximately $1,804,000. Grove Bank & Trust raised its holdings in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after buying an additional 4,000 shares in the last quarter. Diversify Wealth Management LLC raised its holdings in shares of Harmony Gold Mining by 18.5% in the 4th quarter. Diversify Wealth Management LLC now owns 103,083 shares of the mining company’s stock worth $939,000 after buying an additional 16,121 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in shares of Harmony Gold Mining by 9.1% in the 4th quarter. Diversify Advisory Services LLC now owns 25,848 shares of the mining company’s stock worth $235,000 after buying an additional 2,163 shares in the last quarter. Finally, Ballentine Partners LLC raised its holdings in shares of Harmony Gold Mining by 12.2% in the 4th quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company’s stock worth $115,000 after buying an additional 1,533 shares in the last quarter. 31.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HMY shares. Hsbc Global Res raised Harmony Gold Mining from a “moderate sell” rating to a “hold” rating in a report on Thursday, April 17th. StockNews.com raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, March 7th.

Harmony Gold Mining Trading Down 0.2%

HMY stock opened at $14.45 on Friday. The business has a fifty day moving average price of $14.71 and a 200 day moving average price of $11.58. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77. The stock has a market capitalization of $9.17 billion, a price-to-earnings ratio of 8.55, a P/E/G ratio of 0.63 and a beta of 1.01. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07.

Harmony Gold Mining Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were issued a dividend of $0.1245 per share. This represents a yield of 0.9%. This is a boost from Harmony Gold Mining’s previous semi-annual dividend of $0.04. The ex-dividend date was Friday, April 11th. Harmony Gold Mining’s dividend payout ratio (DPR) is currently 11.24%.

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.