Townsquare Capital LLC Increases Stock Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

Townsquare Capital LLC increased its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,741 shares of the mining company’s stock after acquiring an additional 1,464 shares during the quarter. Townsquare Capital LLC’s holdings in Harmony Gold Mining were worth $556,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Capital Fund Management S.A. boosted its holdings in Harmony Gold Mining by 534.2% in the 4th quarter. Capital Fund Management S.A. now owns 98,132 shares of the mining company’s stock valued at $806,000 after purchasing an additional 120,732 shares during the period. Raymond James Financial Inc. bought a new stake in Harmony Gold Mining during the fourth quarter valued at $624,000. Advisory Services Network LLC purchased a new position in Harmony Gold Mining during the fourth quarter worth about $87,000. Renaissance Technologies LLC purchased a new position in Harmony Gold Mining during the fourth quarter worth about $11,903,000. Finally, Invesco Ltd. increased its stake in Harmony Gold Mining by 2.9% in the 4th quarter. Invesco Ltd. now owns 147,960 shares of the mining company’s stock worth $1,215,000 after acquiring an additional 4,216 shares during the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, March 7th.

Harmony Gold Mining Stock Performance

NYSE HMY opened at $17.55 on Friday. 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. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $18.77. The company has a fifty day moving average of $12.96 and a 200-day moving average of $10.91.

Harmony Gold Mining Increases Dividend

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

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.