5,126 Shares in Harmony Gold Mining Company Limited (NYSE:HMY) Bought by GAMMA Investing LLC

GAMMA Investing LLC bought a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,126 shares of the mining company’s stock, valued at approximately $32,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in shares of Harmony Gold Mining in the 4th quarter valued at approximately $34,000. Citigroup Inc. boosted its holdings in shares of Harmony Gold Mining by 59.4% in the third quarter. Citigroup Inc. now owns 19,755 shares of the mining company’s stock valued at $74,000 after buying an additional 7,361 shares during the period. Financial & Tax Architects LLC bought a new stake in shares of Harmony Gold Mining during the fourth quarter worth $81,000. Aigen Investment Management LP raised its holdings in shares of Harmony Gold Mining by 14.7% during the third quarter. Aigen Investment Management LP now owns 51,170 shares of the mining company’s stock worth $192,000 after acquiring an additional 6,561 shares during the period. Finally, Symmetry Partners LLC lifted its position in Harmony Gold Mining by 129.0% in the 4th quarter. Symmetry Partners LLC now owns 33,556 shares of the mining company’s stock valued at $206,000 after acquiring an additional 18,900 shares in the last quarter. 31.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. StockNews.com downgraded Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. JPMorgan Chase & Co. boosted their price objective on shares of Harmony Gold Mining from $3.20 to $4.90 and gave the stock an “underweight” rating in a research report on Wednesday, April 17th. Finally, HSBC lowered shares of Harmony Gold Mining from a “hold” rating to a “reduce” rating in a research report on Friday, April 19th.

Harmony Gold Mining Stock Up 1.2 %

Shares of HMY opened at $8.57 on Monday. The company’s 50-day moving average is $8.03 and its 200-day moving average is $6.50. Harmony Gold Mining Company Limited has a fifty-two week low of $3.41 and a fifty-two week high of $9.80. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.62 and a quick ratio of 1.11.

Harmony Gold Mining Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, April 22nd. Stockholders of record on Friday, April 12th were given a $0.062 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This is a positive change from Harmony Gold Mining’s previous Semi-Annual dividend of $0.03. This represents a dividend yield of 1.2%.

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.