Savant Capital LLC Increases Stock Holdings in Harmony Gold Mining Company Limited $HMY

Savant Capital LLC raised its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 57.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,917 shares of the mining company’s stock after buying an additional 6,158 shares during the quarter. Savant Capital LLC’s holdings in Harmony Gold Mining were worth $236,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new position in shares of Harmony Gold Mining during the second quarter valued at about $55,000. Hantz Financial Services Inc. increased its stake in Harmony Gold Mining by 533.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock valued at $62,000 after purchasing an additional 3,747 shares in the last quarter. Brooklyn Investment Group raised its holdings in shares of Harmony Gold Mining by 165,766.7% in the first 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 during the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Harmony Gold Mining in the second quarter worth $69,000. Finally, Parallel Advisors LLC lifted its stake in shares of Harmony Gold Mining by 16.7% during the second quarter. Parallel Advisors LLC now owns 5,494 shares of the mining company’s stock worth $77,000 after buying an additional 788 shares during the period. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Trading Up 0.7%

Shares of HMY stock opened at $16.91 on Thursday. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $22.25. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.72 and a quick ratio of 1.41. The business has a 50-day simple moving average of $17.48 and a 200-day simple moving average of $15.69.

Harmony Gold Mining Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Monday, October 20th. Stockholders 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%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Wednesday, October 8th. Hsbc Global Res raised Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 9th. Wall Street Zen cut Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Zacks Research upgraded Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. Finally, Investec upgraded shares of Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Harmony Gold Mining currently has a consensus rating of “Buy” and a consensus target price of $16.00.

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.