Invesco Ltd. Buys 4,216 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Invesco Ltd. raised its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 147,960 shares of the mining company’s stock after buying an additional 4,216 shares during the period. Invesco Ltd.’s holdings in Harmony Gold Mining were worth $1,215,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in Harmony Gold Mining by 3.2% in the fourth quarter. LPL Financial LLC now owns 48,774 shares of the mining company’s stock valued at $400,000 after buying an additional 1,496 shares during the period. US Bancorp DE raised its position in shares of Harmony Gold Mining by 12.3% in the 4th quarter. US Bancorp DE now owns 13,801 shares of the mining company’s stock worth $113,000 after acquiring an additional 1,514 shares in the last quarter. Ballentine Partners LLC lifted its stake in shares of Harmony Gold Mining by 12.2% in the 4th quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company’s stock valued at $115,000 after purchasing an additional 1,533 shares during the period. SG Americas Securities LLC boosted its position in shares of Harmony Gold Mining by 3.8% during the 4th quarter. SG Americas Securities LLC now owns 52,524 shares of the mining company’s stock valued at $431,000 after purchasing an additional 1,919 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Harmony Gold Mining by 18.0% during the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock worth $107,000 after purchasing an additional 1,987 shares during the period. Institutional investors and hedge funds own 31.79% of the company’s stock.

Analyst Ratings Changes

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

Harmony Gold Mining Price Performance

Shares of NYSE HMY opened at $14.86 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The firm’s 50-day simple moving average is $13.78 and its 200 day simple moving average is $11.29. The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 0.63 and a beta of 1.42. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77.

Harmony Gold Mining Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were given a dividend of $0.1245 per share. 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%.

Harmony Gold Mining 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.