Harmony Gold Mining Company Limited $HMY Stock Holdings Reduced by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp cut its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 44.2% in the second quarter, Holdings Channel reports. The firm owned 89,424 shares of the mining company’s stock after selling 70,800 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Harmony Gold Mining were worth $1,249,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in HMY. Goldman Sachs Group Inc. raised its position in Harmony Gold Mining by 215.7% during the first quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company’s stock valued at $82,289,000 after acquiring an additional 3,806,468 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Harmony Gold Mining by 4,004.0% in the first quarter. Acadian Asset Management LLC now owns 2,460,852 shares of the mining company’s stock worth $36,333,000 after purchasing an additional 2,400,889 shares in the last quarter. Amundi grew its holdings in Harmony Gold Mining by 88.9% during the first quarter. Amundi now owns 2,113,411 shares of the mining company’s stock valued at $30,961,000 after purchasing an additional 994,888 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in shares of Harmony Gold Mining by 1,490.2% in the first quarter. Cubist Systematic Strategies LLC now owns 950,136 shares of the mining company’s stock valued at $14,034,000 after purchasing an additional 890,387 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Harmony Gold Mining by 116.8% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,606,484 shares of the mining company’s stock worth $23,728,000 after buying an additional 865,632 shares during the period. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Trading Down 0.6%

Shares of NYSE:HMY opened at $19.21 on Wednesday. Harmony Gold Mining Company Limited has a 1-year low of $7.97 and a 1-year high of $22.25. The business’s 50 day moving average is $17.94 and its 200-day moving average is $15.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.72 and a quick ratio of 1.41.

Harmony Gold Mining Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HMY shares. Wall Street Zen raised shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 22nd. HSBC upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Thursday, October 9th. Zacks Research raised Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Wednesday, October 8th. Finally, Hsbc Global Res upgraded shares of Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $16.00.

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.