Quantbot Technologies LP Purchases 188,556 Shares of Harmony Gold Mining Company Limited $HMY

Quantbot Technologies LP lifted its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 778.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,769 shares of the mining company’s stock after acquiring an additional 188,556 shares during the quarter. Quantbot Technologies LP’s holdings in Harmony Gold Mining were worth $2,972,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Colonial Trust Advisors bought a new position in Harmony Gold Mining in the 2nd quarter valued at $26,000. First Horizon Advisors Inc. bought a new stake in shares of Harmony Gold Mining during the second quarter worth $55,000. Hantz Financial Services Inc. increased its stake in shares of Harmony Gold Mining by 533.8% in the second quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock valued at $62,000 after buying an additional 3,747 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Harmony Gold Mining in the second quarter valued at about $69,000. Finally, Brooklyn Investment Group lifted its position in Harmony Gold Mining by 165,766.7% during the 1st quarter. Brooklyn Investment Group now owns 4,976 shares of the mining company’s stock worth $73,000 after buying an additional 4,973 shares in the last quarter. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Up 0.5%

Shares of HMY stock opened at $19.15 on Friday. The firm’s 50 day moving average price is $18.01 and its two-hundred day moving average price is $15.94. 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 52-week low of $7.97 and a 52-week high of $22.25.

Harmony Gold Mining Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have weighed in on HMY shares. HSBC upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Thursday, October 9th. Hsbc Global Res raised shares of Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 9th. Investec raised Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. Zacks Research raised Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Finally, Wall Street Zen upgraded Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 22nd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average 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.