Quantbot Technologies LP Makes New Investment in Harmony Gold Mining Company Limited (NYSE:HMY)

Quantbot Technologies LP acquired a new stake in Harmony Gold Mining Company Limited (NYSE:HMY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,406 shares of the mining company’s stock, valued at approximately $77,000.

A number of other hedge funds also recently made changes to their positions in the company. Grove Bank & Trust boosted its stake in shares of Harmony Gold Mining by 400.0% in the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock valued at $41,000 after purchasing an additional 4,000 shares during the period. Jones Financial Companies Lllp lifted its holdings in 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 buying an additional 4,081 shares in the last quarter. Alliance Wealth Advisors LLC UT purchased a new position in Harmony Gold Mining in the 4th quarter valued at about $88,000. Private Advisor Group LLC grew its stake in shares of 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 valued at $107,000 after acquiring an additional 1,987 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Harmony Gold Mining by 12.3% during the fourth 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 during the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Trading Up 5.0 %

NYSE HMY opened at $14.77 on Tuesday. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 8.74, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. Harmony Gold Mining Company Limited has a 12 month low of $7.97 and a 12 month high of $14.79. The company’s fifty day moving average price is $11.64 and its two-hundred day moving average price is $10.35.

Harmony Gold Mining Increases Dividend

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

Wall Street Analyst Weigh In

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

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.