HighTower Advisors LLC Has $489,000 Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

HighTower Advisors LLC raised its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 13.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 59,527 shares of the mining company’s stock after purchasing an additional 7,144 shares during the period. HighTower Advisors LLC’s holdings in Harmony Gold Mining were worth $489,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE lifted its holdings in Harmony Gold Mining by 12.3% in the fourth quarter. US Bancorp DE now owns 13,801 shares of the mining company’s stock valued at $113,000 after buying an additional 1,514 shares during the period. 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. 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. Finally, Diversify Advisory Services LLC increased its holdings in Harmony Gold Mining by 9.1% in the fourth quarter. Diversify Advisory Services LLC now owns 25,848 shares of the mining company’s stock worth $235,000 after purchasing an additional 2,163 shares in the last quarter. 31.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Friday, March 7th.

Harmony Gold Mining Price Performance

HMY stock opened at $14.08 on Monday. The company has a market capitalization of $8.93 billion, a P/E ratio of 8.33, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $14.38. The business has a 50-day simple moving average of $11.54 and a two-hundred day simple moving average of $10.31. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56.

Harmony Gold Mining Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, April 21st. Investors of record on Friday, April 11th will be issued a dividend of $0.1245 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a yield of 0.9%. This is an increase from Harmony Gold Mining’s previous semi-annual dividend of $0.04. Harmony Gold Mining’s dividend payout ratio is 11.24%.

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.