Vontobel Holding Ltd. Boosts Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Vontobel Holding Ltd. raised its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 10.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 437,946 shares of the mining company’s stock after acquiring an additional 42,144 shares during the quarter. Vontobel Holding Ltd.’s holdings in Harmony Gold Mining were worth $2,693,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Bancorp bought a new position in shares of Harmony Gold Mining in the fourth quarter worth about $34,000. Point72 Middle East FZE purchased a new stake in Harmony Gold Mining in the 2nd quarter valued at about $38,000. LPL Financial LLC purchased a new stake in Harmony Gold Mining in the 3rd quarter valued at about $38,000. PNC Financial Services Group Inc. grew its stake in Harmony Gold Mining by 137.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 10,273 shares of the mining company’s stock worth $43,000 after acquiring an additional 5,948 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Harmony Gold Mining during the first quarter worth approximately $54,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Trading Up 0.6 %

Shares of HMY opened at $9.13 on Friday. The company has a 50 day moving average price of $7.33 and a 200-day moving average price of $6.13. The company has a quick ratio of 1.11, a current ratio of 1.62 and a debt-to-equity ratio of 0.08. Harmony Gold Mining Company Limited has a fifty-two week low of $3.41 and a fifty-two week high of $9.80.

Harmony Gold Mining Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Monday, April 22nd. Shareholders of record on Friday, April 12th will be given a dividend of $0.062 per share. This represents a yield of 1.2%. The ex-dividend date is Thursday, April 11th. This is a boost from Harmony Gold Mining’s previous Semi-Annual dividend of $0.03.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price target on Harmony Gold Mining from $3.20 to $4.90 and gave the company an “underweight” rating in a report on Wednesday. StockNews.com downgraded Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th.

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.