Renaissance Technologies LLC Buys Shares of 1,449,786 Harmony Gold Mining Company Limited (NYSE:HMY)

Renaissance Technologies LLC purchased a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,449,786 shares of the mining company's stock, valued at approximately $11,903,000. Renaissance Technologies LLC owned 0.23% of Harmony Gold Mining at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Grove Bank & Trust boosted its position in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock valued at $41,000 after purchasing an additional 4,000 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after acquiring an additional 4,081 shares during the period. Quantbot Technologies LP purchased a new position in shares of Harmony Gold Mining during the fourth quarter worth approximately $77,000. Alliance Wealth Advisors LLC UT acquired a new position in shares of Harmony Gold Mining in the 4th quarter valued at $88,000. Finally, Private Advisor Group LLC raised its position in Harmony Gold Mining by 18.0% in the 4th quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company's stock valued at $107,000 after purchasing an additional 1,987 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, 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

HMY traded down $0.45 during trading on Friday, hitting $17.55. The stock had a trading volume of 6,169,852 shares, compared to its average volume of 5,237,200. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The firm has a market capitalization of $11.14 billion, a P/E ratio of 10.38, a PEG ratio of 0.63 and a beta of 1.42. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $18.77. The company's 50-day moving average price is $12.85 and its 200 day moving average price is $10.86.

Harmony Gold Mining Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be issued a $0.1245 dividend. This is a boost from Harmony Gold Mining's previous semi-annual dividend of $0.04. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, April 11th. Harmony Gold Mining's dividend payout ratio (DPR) is currently 11.24%.

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.