Walleye Capital LLC purchased a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 119,945 shares of the mining company's stock, valued at approximately $985,000.
A number of other large investors have also made changes to their positions in the stock. ABC Arbitrage SA acquired a new position in shares of Harmony Gold Mining during the fourth quarter worth $20,229,000. Summit Financial LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at $1,233,000. Y Intercept Hong Kong Ltd bought a new position in Harmony Gold Mining in the 4th quarter worth approximately $923,000. OLD Mission Capital LLC acquired a new position in Harmony Gold Mining during the 4th quarter worth $1,492,000. Finally, Caprock Group LLC acquired a new stake in Harmony Gold Mining in the fourth quarter worth about $188,000. Hedge funds and other institutional investors own 31.79% of the company's stock.
Analysts Set New Price Targets
A number of research analysts recently commented on HMY shares. Hsbc Global Res upgraded shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. StockNews.com upgraded Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.
View Our Latest Analysis on HMY
Harmony Gold Mining Stock Down 5.9 %
Shares of NYSE HMY traded down $1.00 during trading hours on Wednesday, hitting $16.01. The stock had a trading volume of 12,548,183 shares, compared to its average volume of 5,270,270. The company has a market capitalization of $10.16 billion, a P/E ratio of 9.47, a P/E/G ratio of 0.63 and a beta of 1.42. The firm's 50-day moving average price is $13.18 and its two-hundred day moving average price is $11.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. Harmony Gold Mining Company Limited has a 52 week low of $7.97 and a 52 week high of $18.77.
Harmony Gold Mining Increases Dividend
The company also recently announced a semi-annual dividend, which was paid on Monday, April 21st. Investors 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 yield of 0.9%. Harmony Gold Mining's dividend payout ratio (DPR) is presently 11.24%.
About Harmony Gold Mining
(
Free Report)
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.
See Also
Before you consider Harmony Gold Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Harmony Gold Mining wasn't on the list.
While Harmony Gold Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
