First Trust Direct Indexing L.P. Has $118,000 Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

First Trust Direct Indexing L.P. lowered its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 35.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,130 shares of the mining company’s stock after selling 10,428 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Harmony Gold Mining were worth $118,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Assenagon Asset Management S.A. purchased a new position in Harmony Gold Mining in the fourth quarter valued at about $1,723,000. Citigroup Inc. grew its stake in 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 purchasing an additional 7,361 shares in the last quarter. Fifth Third Bancorp purchased a new position in Harmony Gold Mining in the fourth quarter valued at about $34,000. Rathbones Group PLC grew its stake in Harmony Gold Mining by 977.4% in the third quarter. Rathbones Group PLC now owns 126,060 shares of the mining company’s stock valued at $475,000 after purchasing an additional 114,360 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Harmony Gold Mining by 26.2% in the third quarter. American Century Companies Inc. now owns 2,750,629 shares of the mining company’s stock valued at $10,342,000 after purchasing an additional 571,247 shares in the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on HMY. HSBC downgraded Harmony Gold Mining from a “hold” rating to a “reduce” rating in a research note on Friday, April 19th. StockNews.com downgraded Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Finally, JPMorgan Chase & Co. upped their price target on Harmony Gold Mining from $3.20 to $4.90 and gave the stock an “underweight” rating in a research note on Wednesday, April 17th.

Harmony Gold Mining Trading Up 0.7 %

HMY opened at $8.87 on Thursday. The stock has a 50-day moving average of $8.22 and a 200-day moving average of $6.57. Harmony Gold Mining Company Limited has a 52-week low of $3.41 and a 52-week high of $9.80. The company has a current ratio of 1.62, a quick ratio of 1.11 and a debt-to-equity ratio of 0.08.

Harmony Gold Mining Increases Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, April 22nd. Investors of record on Friday, April 12th were paid a dividend of $0.062 per share. This is an increase from Harmony Gold Mining’s previous Semi-Annual dividend of $0.03. The ex-dividend date of this dividend was Thursday, April 11th. This represents a 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.