B. Metzler seel. Sohn & Co. AG Buys 17,358 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

B. Metzler seel. Sohn & Co. AG boosted its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 92.1% during the fourth quarter, Holdings Channel reports. The fund owned 36,208 shares of the mining company’s stock after acquiring an additional 17,358 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Harmony Gold Mining were worth $297,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. ABC Arbitrage SA bought a new position in shares of Harmony Gold Mining during the 4th quarter valued at about $20,229,000. Public Employees Retirement System of Ohio bought a new position in Harmony Gold Mining during the third quarter valued at approximately $1,412,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Harmony Gold Mining during the fourth quarter worth approximately $923,000. HighTower Advisors LLC lifted its holdings in shares of Harmony Gold Mining by 298.5% in the 3rd quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company’s stock worth $525,000 after acquiring an additional 39,237 shares during the last quarter. Finally, Caprock Group LLC purchased a new stake in shares of Harmony Gold Mining in the 4th quarter valued at $188,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Price Performance

HMY opened at $12.99 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The stock’s 50 day simple moving average is $11.95 and its 200 day simple moving average is $10.47. The firm has a market cap of $8.24 billion, a price-to-earnings ratio of 7.68, a PEG ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a 1 year low of $7.97 and a 1 year high of $15.22.

Harmony Gold Mining Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be issued a $0.1245 dividend. This is a boost from Harmony Gold Mining’s previous semi-annual dividend of $0.04. The ex-dividend date is Friday, April 11th. This represents a dividend yield of 0.9%. Harmony Gold Mining’s dividend payout ratio (DPR) is currently 11.24%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Friday, March 7th.

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.