Advisory Services Network LLC Makes New $87,000 Investment in Harmony Gold Mining Company Limited (NYSE:HMY)

Advisory Services Network LLC acquired a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 10,556 shares of the mining company’s stock, valued at approximately $87,000.

Several other institutional investors and hedge funds have also bought and sold shares of HMY. Grove Bank & Trust grew its stake in Harmony Gold Mining by 400.0% in the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock valued at $41,000 after purchasing an additional 4,000 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company’s stock valued at $48,000 after buying an additional 4,081 shares in the last quarter. Quantbot Technologies LP acquired a new position in Harmony Gold Mining during the fourth quarter worth $77,000. Alliance Wealth Advisors LLC UT bought a new stake in Harmony Gold Mining during the fourth quarter worth $88,000. Finally, Private Advisor Group LLC lifted its stake in Harmony Gold Mining by 18.0% in the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock valued at $107,000 after acquiring an additional 1,987 shares during the last quarter. Institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Performance

Shares of NYSE HMY opened at $17.55 on Friday. Harmony Gold Mining Company Limited has a 12 month low of $7.97 and a 12 month high of $18.77. The stock has a 50 day moving average of $12.96 and a 200-day moving average of $10.91. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $11.14 billion, a P/E ratio of 10.38, a P/E/G ratio of 0.63 and a beta of 1.42.

Harmony Gold Mining Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, April 11th will be issued a $0.1245 dividend. This is an increase from Harmony Gold Mining’s previous semi-annual dividend of $0.04. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, April 11th. Harmony Gold Mining’s payout ratio is currently 11.24%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Friday, March 7th.

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.