B. Metzler seel. Sohn & Co. Holding AG Invests $192,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 18,850 shares of the mining company’s stock, valued at approximately $192,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hara Capital LLC purchased a new position in shares of Harmony Gold Mining during the third quarter worth $38,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Harmony Gold Mining during the second quarter worth $41,000. Diversified Trust Co purchased a new position in shares of Harmony Gold Mining during the second quarter worth $93,000. Wallace Advisory Group LLC acquired a new stake in shares of Harmony Gold Mining in the second quarter valued at $94,000. Finally, Ballentine Partners LLC acquired a new stake in shares of Harmony Gold Mining in the second quarter valued at $112,000. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Harmony Gold Mining Stock Down 4.5 %

Harmony Gold Mining stock opened at $9.20 on Tuesday. Harmony Gold Mining Company Limited has a 1-year low of $5.40 and a 1-year high of $12.29. 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 stock’s fifty day moving average is $10.29 and its two-hundred day moving average is $9.72.

Harmony Gold Mining Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, October 11th were paid a $0.042 dividend. This represents a yield of 1.2%. The ex-dividend date was Friday, October 11th.

Analyst Ratings Changes

Several brokerages have recently issued reports on HMY. Bank of America began coverage on Harmony Gold Mining in a research note on Monday, October 21st. They issued a “neutral” rating on the stock. StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. increased their price objective on Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research note on Tuesday, November 12th.

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.