PKO Investment Management Joint Stock Co Sells 3,000 Shares of Harmony Gold Mining Company Limited $HMY

PKO Investment Management Joint Stock Co trimmed its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 1.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 225,700 shares of the mining company’s stock after selling 3,000 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Harmony Gold Mining were worth $3,153,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in Harmony Gold Mining by 215.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company’s stock valued at $82,289,000 after buying an additional 3,806,468 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Harmony Gold Mining by 14.9% in 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 during the last quarter. Acadian Asset Management LLC boosted its position in shares of Harmony Gold Mining by 4,004.0% in 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 during the last quarter. Amundi boosted its position in shares of Harmony Gold Mining by 88.9% in 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 during the last quarter. Finally, Mackenzie Financial Corp boosted its position in shares of Harmony Gold Mining by 15.1% in 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 during the last quarter. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Stock Performance

HMY opened at $17.47 on Friday. The business’s 50-day moving average price is $16.74 and its two-hundred day moving average price is $15.61. 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 market capitalization of $11.12 billion, a price-to-earnings ratio of 10.33 and a beta of 0.79. 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 announced a semi-annual dividend, which was paid on Monday, October 20th. Investors of record on Friday, October 10th were given a $0.0893 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a dividend yield of 98.0%. Harmony Gold Mining’s payout ratio is currently 8.28%.

Wall Street Analysts Forecast Growth

HMY has been the topic of several recent research reports. Hsbc Global Res upgraded Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 9th. Investec upgraded Harmony Gold Mining to a “hold” rating in a research report on Friday, October 10th. Zacks Research downgraded Harmony Gold Mining from a “hold” rating to a “strong sell” rating in a research note on Monday, September 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Wednesday, October 8th. Finally, HSBC raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.20.

About Harmony Gold Mining

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.