Envestnet Asset Management Inc. Grows Stock Holdings in Harmony Gold Mining Company Limited $HMY

Envestnet Asset Management Inc. boosted its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 15.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 184,507 shares of the mining company’s stock after buying an additional 24,779 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Harmony Gold Mining were worth $2,578,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Jump Financial LLC raised its stake in shares of Harmony Gold Mining by 2,655.3% during the 1st quarter. Jump Financial LLC now owns 585,608 shares of the mining company’s stock worth $8,649,000 after buying an additional 564,354 shares during the last quarter. Walleye Capital LLC increased its holdings in Harmony Gold Mining by 103.6% during the 1st quarter. Walleye Capital LLC now owns 244,232 shares of the mining company’s stock valued at $3,607,000 after acquiring an additional 124,287 shares in the last quarter. Russell Investments Group Ltd. raised its position in Harmony Gold Mining by 30.7% during the first quarter. Russell Investments Group Ltd. now owns 467,378 shares of the mining company’s stock worth $6,571,000 after acquiring an additional 109,873 shares during the last quarter. U S Global Investors Inc. grew its position in shares of Harmony Gold Mining by 105.3% in the second quarter. U S Global Investors Inc. now owns 307,960 shares of the mining company’s stock valued at $4,302,000 after purchasing an additional 157,960 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Harmony Gold Mining by 14.9% during the 1st quarter. American Century Companies Inc. now owns 3,805,276 shares of the mining company’s stock worth $56,204,000 after purchasing an additional 493,041 shares in the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Trading Down 3.6%

Shares of HMY stock opened at $17.20 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $22.25. The company has a 50 day moving average price of $17.37 and a 200 day moving average price of $15.65.

Harmony Gold Mining Dividend Announcement

The company also recently announced a semi-annual dividend, which was paid on Monday, October 20th. Investors of record on Friday, October 10th were given a $0.0893 dividend. This represents a dividend yield of 98.0%. The ex-dividend date of this dividend was Friday, October 10th.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on HMY shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Wednesday, October 8th. Zacks Research raised Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. HSBC upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Thursday, October 9th. Wall Street Zen lowered shares of Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Hsbc Global Res upgraded shares of Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $16.00.

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.