Guggenheim Capital LLC Has $2.29 Million Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

Guggenheim Capital LLC decreased its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 6.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 278,329 shares of the mining company's stock after selling 20,378 shares during the quarter. Guggenheim Capital LLC's holdings in Harmony Gold Mining were worth $2,285,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Grove Bank & Trust boosted its stake in shares of Harmony Gold Mining by 400.0% during the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock worth $41,000 after buying an additional 4,000 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Harmony Gold Mining by 230.3% during the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock worth $48,000 after acquiring an additional 4,081 shares in the last quarter. Quantbot Technologies LP acquired a new position in Harmony Gold Mining during the fourth quarter valued at approximately $77,000. Advisory Services Network LLC acquired a new position in Harmony Gold Mining during the fourth quarter valued at approximately $87,000. Finally, Alliance Wealth Advisors LLC UT bought a new position in Harmony Gold Mining in the fourth quarter valued at approximately $88,000. Institutional investors own 31.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Hsbc Global Res upgraded Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. StockNews.com raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research report on Friday, March 7th.

Harmony Gold Mining Stock Performance

NYSE HMY traded down $1.00 during trading on Wednesday, reaching $16.01. 12,548,183 shares of the company's stock were exchanged, compared to its average volume of 5,270,270. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77. The stock has a market capitalization of $10.16 billion, a P/E ratio of 9.47, a PEG ratio of 0.63 and a beta of 1.42. The business has a 50 day moving average price of $13.18 and a 200-day moving average price of $11.02. 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 Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were paid a $0.1245 dividend. This represents a yield of 0.9%. The ex-dividend date was Friday, April 11th. This is a boost from Harmony Gold Mining's previous semi-annual dividend of $0.04. Harmony Gold Mining's dividend payout ratio is 11.24%.

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.