B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Harmony Gold Mining Company Limited (NYSE:HMY)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 18,850 shares of the mining company’s stock, valued at approximately $192,000.

Other large investors also recently bought and sold shares of the company. Hara Capital LLC acquired a new position in shares of Harmony Gold Mining during the 3rd quarter worth approximately $38,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Harmony Gold Mining during the 2nd quarter worth approximately $41,000. Diversified Trust Co acquired a new position in shares of Harmony Gold Mining during the 2nd quarter worth approximately $93,000. Wallace Advisory Group LLC acquired a new position in shares of Harmony Gold Mining during the 2nd quarter worth approximately $94,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Harmony Gold Mining during the 3rd quarter worth approximately $1,035,000. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HMY has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Bank of America assumed coverage on Harmony Gold Mining in a report on Monday, October 21st. They issued a “neutral” rating on the stock. Finally, StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

Harmony Gold Mining Price Performance

Shares of Harmony Gold Mining stock opened at $9.20 on Tuesday. Harmony Gold Mining Company Limited has a fifty-two week low of $5.40 and a fifty-two week high of $12.29. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average of $10.29 and a 200 day moving average of $9.72.

Harmony Gold Mining Cuts Dividend

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

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.