Segall Bryant & Hamill LLC Takes $305,000 Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Segall Bryant & Hamill LLC acquired a new stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 37,100 shares of the mining company's stock, valued at approximately $305,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Grove Bank & Trust boosted its position in shares of Harmony Gold Mining by 400.0% during the fourth 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 in the last quarter. Jones Financial Companies Lllp grew its position in shares of Harmony Gold Mining by 230.3% in the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock worth $48,000 after buying an additional 4,081 shares during the period. Quantbot Technologies LP bought a new position in shares of Harmony Gold Mining in the 4th quarter worth about $77,000. Alliance Wealth Advisors LLC UT purchased a new position in Harmony Gold Mining during the 4th quarter valued at about $88,000. Finally, Private Advisor Group LLC boosted its stake in Harmony Gold Mining by 18.0% during the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company's stock worth $107,000 after acquiring an additional 1,987 shares in the last quarter. Hedge funds and other institutional investors own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th.

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Harmony Gold Mining Stock Performance

HMY traded up $0.13 during trading on Tuesday, hitting $14.90. The company's stock had a trading volume of 5,061,819 shares, compared to its average volume of 7,201,435. The business's 50 day simple moving average is $11.64 and its 200-day simple moving average is $10.35. The firm has a market cap of $9.45 billion, a PE ratio of 8.82, a P/E/G ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $15.17. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.

Harmony Gold Mining Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, April 21st. Investors of record on Friday, April 11th will be issued a $0.1245 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a yield of 0.9%. This is an increase from Harmony Gold Mining's previous semi-annual dividend of $0.04. Harmony Gold Mining's dividend payout ratio is currently 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.