Aprio Wealth Management LLC Takes $191,000 Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Aprio Wealth Management LLC acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,824 shares of the mining company’s stock, valued at approximately $191,000.

Several other large investors also recently made changes to their positions in HMY. Cetera Investment Advisers boosted its holdings in Harmony Gold Mining by 32.8% in the second quarter. Cetera Investment Advisers now owns 340,954 shares of the mining company’s stock worth $3,127,000 after acquiring an additional 84,258 shares in the last quarter. Wallace Advisory Group LLC bought a new position in shares of Harmony Gold Mining in the 2nd quarter worth $94,000. Creative Planning grew its position in Harmony Gold Mining by 20.6% in the 2nd quarter. Creative Planning now owns 57,625 shares of the mining company’s stock valued at $528,000 after purchasing an additional 9,859 shares during the period. Employees Retirement System of Texas bought a new stake in Harmony Gold Mining during the 2nd quarter valued at $295,000. Finally, AQR Capital Management LLC raised its holdings in Harmony Gold Mining by 63.7% during the second quarter. AQR Capital Management LLC now owns 1,567,543 shares of the mining company’s stock worth $14,374,000 after buying an additional 609,971 shares during the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Down 0.5 %

Shares of NYSE:HMY opened at $9.34 on Wednesday. The business’s 50 day moving average is $9.90 and its 200 day moving average is $9.32. Harmony Gold Mining Company Limited has a 12-month low of $3.97 and a 12-month high of $11.37. The stock has a market cap of $5.91 billion, a price-to-earnings ratio of 7.98 and a beta of 1.79. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.

Harmony Gold Mining Cuts Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Monday, October 21st. Stockholders of record on Friday, October 11th will be paid a $0.042 dividend. The ex-dividend date is Friday, October 11th. This represents a dividend yield of 1.2%. Harmony Gold Mining’s payout ratio is 6.84%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price objective on shares of Harmony Gold Mining from $5.80 to $4.80 and set an “underweight” rating for the company in a report on Wednesday, July 3rd.

About Harmony Gold Mining

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.