LPL Financial LLC Purchases 1,496 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

LPL Financial LLC grew its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,774 shares of the mining company’s stock after purchasing an additional 1,496 shares during the period. LPL Financial LLC’s holdings in Harmony Gold Mining were worth $400,000 at the end of the most recent reporting period.

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

Harmony Gold Mining Stock Down 3.8 %

Shares of NYSE HMY opened at $15.38 on Friday. The firm’s fifty day moving average is $13.44 and its 200 day moving average is $11.15. 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 quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The company has a market cap of $9.76 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 0.63 and a beta of 1.42.

Harmony Gold Mining Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on HMY shares. Hsbc Global Res upgraded shares of Harmony Gold Mining from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 17th. StockNews.com raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Friday, March 7th.

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.