SBI Securities Co. Ltd. Has $2.31 Million Stake in Harmony Gold Mining Company Limited $HMY

SBI Securities Co. Ltd. lowered its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 41.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 165,148 shares of the mining company’s stock after selling 116,165 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Harmony Gold Mining were worth $2,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. First Horizon Advisors Inc. acquired a new position in Harmony Gold Mining during the second quarter worth $55,000. Hantz Financial Services Inc. raised its holdings in shares of Harmony Gold Mining by 533.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 4,449 shares of the mining company’s stock worth $62,000 after acquiring an additional 3,747 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Harmony Gold Mining in the 2nd quarter valued at about $69,000. Brooklyn Investment Group boosted its stake in Harmony Gold Mining by 165,766.7% during the 1st quarter. Brooklyn Investment Group now owns 4,976 shares of the mining company’s stock valued at $73,000 after purchasing an additional 4,973 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in Harmony Gold Mining by 16.7% during the 2nd quarter. Parallel Advisors LLC now owns 5,494 shares of the mining company’s stock valued at $77,000 after purchasing an additional 788 shares during the last quarter. Institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Up 5.4%

NYSE HMY opened at $18.85 on Thursday. The business’s fifty day moving average is $17.23 and its 200-day moving average is $15.63. The company has a current ratio of 1.72, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $22.25.

Harmony Gold Mining Announces Dividend

The business also recently announced a semi-annual dividend, which was paid on Monday, October 20th. Shareholders of record on Friday, October 10th were paid a $0.0893 dividend. This represents a yield of 98.0%. The ex-dividend date was Friday, October 10th.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on HMY shares. Wall Street Zen lowered Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Hsbc Global Res upgraded Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 9th. Investec raised shares of Harmony Gold Mining to a “hold” rating in a report on Friday, October 10th. HSBC upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Thursday, October 9th. Finally, Zacks Research upgraded shares of Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $16.00.

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.