Harmony Gold Mining Company Limited (NYSE:HMY) Shares Bought by Bridgewater Associates LP

Bridgewater Associates LP increased its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 34.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 403,178 shares of the mining company's stock after buying an additional 103,608 shares during the quarter. Bridgewater Associates LP owned about 0.06% of Harmony Gold Mining worth $4,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Van ECK Associates Corp raised its position in shares of Harmony Gold Mining by 3.3% in the 3rd quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company's stock worth $700,663,000 after buying an additional 2,206,537 shares during the period. Acadian Asset Management LLC raised its position in shares of Harmony Gold Mining by 111.5% in the 2nd quarter. Acadian Asset Management LLC now owns 1,853,606 shares of the mining company's stock worth $16,978,000 after buying an additional 977,142 shares during the period. AQR Capital Management LLC raised its position in shares of Harmony Gold Mining by 63.7% in the 2nd quarter. AQR Capital Management LLC now owns 1,567,543 shares of the mining company's stock worth $14,374,000 after buying an additional 609,971 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Harmony Gold Mining by 27.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,263 shares of the mining company's stock worth $8,057,000 after buying an additional 170,175 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Harmony Gold Mining by 32.8% in the 2nd quarter. Cetera Investment Advisers now owns 340,954 shares of the mining company's stock worth $3,127,000 after buying an additional 84,258 shares during the period. 31.79% of the stock is owned by hedge funds and other institutional investors.

Harmony Gold Mining Stock Up 1.3 %

NYSE HMY traded up $0.12 during trading hours on Friday, hitting $9.19. The company had a trading volume of 2,873,677 shares, compared to its average volume of 4,838,161. Harmony Gold Mining Company Limited has a fifty-two week low of $5.40 and a fifty-two week high of $12.29. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 6.66, a P/E/G ratio of 0.42 and a beta of 1.77. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The firm's 50 day moving average is $10.23 and its 200 day moving average is $9.71.

Harmony Gold Mining Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, October 21st. Stockholders of record on Friday, October 11th were paid a dividend of $0.042 per share. The ex-dividend date was Friday, October 11th. This represents a dividend yield of 1.2%. Harmony Gold Mining's dividend payout ratio is presently 5.80%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price target on Harmony Gold Mining from $8.20 to $8.40 and gave the company a "neutral" rating in a report on Tuesday, November 12th. StockNews.com downgraded Harmony Gold Mining from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Bank of America assumed coverage on Harmony Gold Mining in a report on Monday, October 21st. They issued a "neutral" rating for the company.

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.