Harmony Gold Mining Company Limited $HMY Stock: North of South Capital LLP Raises Holdings

North of South Capital LLP boosted its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 35.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,990 shares of the mining company’s stock after buying an additional 50,044 shares during the period. Harmony Gold Mining makes up approximately 0.2% of North of South Capital LLP’s portfolio, making the stock its 19th biggest position. North of South Capital LLP’s holdings in Harmony Gold Mining were worth $3,384,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HMY. Renaissance Technologies LLC raised its stake in Harmony Gold Mining by 46.1% during the 1st quarter. Renaissance Technologies LLC now owns 1,718,320 shares of the mining company’s stock worth $26,411,000 after buying an additional 542,200 shares during the period. Sei Investments Co. grew its stake in Harmony Gold Mining by 22.0% in the first quarter. Sei Investments Co. now owns 906,906 shares of the mining company’s stock valued at $13,939,000 after acquiring an additional 163,409 shares during the period. Public Employees Retirement System of Ohio grew its stake in Harmony Gold Mining by 18.6% in the first quarter. Public Employees Retirement System of Ohio now owns 553,186 shares of the mining company’s stock valued at $8,502,000 after acquiring an additional 86,827 shares during the period. Assetmark Inc. increased its holdings in shares of Harmony Gold Mining by 4,535.7% during the first quarter. Assetmark Inc. now owns 271,653 shares of the mining company’s stock valued at $4,175,000 after acquiring an additional 265,793 shares in the last quarter. Finally, Dorsey Wright & Associates increased its holdings in shares of Harmony Gold Mining by 41.2% during the first quarter. Dorsey Wright & Associates now owns 204,042 shares of the mining company’s stock valued at $3,136,000 after acquiring an additional 59,582 shares in the last quarter. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Down 2.3%

Shares of NYSE:HMY traded down $0.35 during mid-day trading on Friday, hitting $15.09. 3,880,225 shares of the company traded hands, compared to its average volume of 3,386,474. Harmony Gold Mining Company Limited has a 12-month low of $13.03 and a 12-month high of $26.06. The stock has a 50-day moving average price of $17.49 and a two-hundred day moving average price of $17.63.

Harmony Gold Mining Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, October 19th. Shareholders of record on Friday, October 9th were issued a dividend of $0.4611 per share. This represents a yield of 546.0%. The ex-dividend date of this dividend was Friday, October 9th.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Zacks Research raised Harmony Gold Mining to a “hold” rating in a research report on Tuesday, September 8th. Weiss Ratings downgraded shares of Harmony Gold Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Finally, Wall Street Zen raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Monday, November 9th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Harmony Gold Mining presently has an average rating of “Moderate Buy”.

Harmony Gold Mining Profile

Harmony Gold Mining Company Limited is a South African mining company focused on producing gold. Its activities include operating underground and surface mines, processing ore, and exploring for new mineral deposits. The company also produces silver and copper as by-products at some operations. Founded in South Africa in 1950, Harmony has expanded its operations beyond its home country. It operates mines in South Africa and Papua New Guinea, including the Hidden Valley mine in Papua New Guinea, and participates in the Wafi-Golpu copper-gold project through a joint venture.