Marshall Wace LLP Acquires 363,404 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Marshall Wace LLP increased its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 1,465.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388,204 shares of the mining company's stock after acquiring an additional 363,404 shares during the period. Marshall Wace LLP owned approximately 0.06% of Harmony Gold Mining worth $3,187,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. boosted its position in shares of Harmony Gold Mining by 5.5% in the 4th quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock worth $27,193,000 after purchasing an additional 171,282 shares in the last quarter. ABC Arbitrage SA bought a new stake in Harmony Gold Mining in the fourth quarter worth $20,229,000. Renaissance Technologies LLC purchased a new stake in shares of Harmony Gold Mining in the fourth quarter worth $11,903,000. Bridgewater Associates LP grew its stake in shares of Harmony Gold Mining by 72.2% in the fourth quarter. Bridgewater Associates LP now owns 694,309 shares of the mining company's stock worth $5,700,000 after acquiring an additional 291,131 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of Harmony Gold Mining by 4.1% in the 4th quarter. Vontobel Holding Ltd. now owns 516,166 shares of the mining company's stock worth $4,238,000 after purchasing an additional 20,336 shares during the last quarter. Hedge funds and other institutional investors own 31.79% of the company's stock.

Analysts Set New Price Targets

HMY has been the topic of several recent analyst reports. StockNews.com raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th.

Harmony Gold Mining Trading Down 3.8 %

Harmony Gold Mining stock opened at $15.38 on Friday. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $18.77. The business's fifty day moving average is $13.44 and its 200 day moving average is $11.14. The stock has a market capitalization of $9.76 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 0.63 and a beta of 1.42. 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 business also recently declared a semi-annual dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 11th were paid a $0.1245 dividend. The ex-dividend date of this dividend was Friday, April 11th. This is a positive change from Harmony Gold Mining's previous semi-annual dividend of $0.04. This represents a dividend yield of 0.9%. Harmony Gold Mining's payout ratio is currently 11.24%.

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.

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