Harmony Gold Mining Company Limited (NYSE:HMY) Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 105.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 241,840 shares of the mining company’s stock after purchasing an additional 124,037 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Harmony Gold Mining were worth $1,986,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Grove Bank & Trust increased its stake in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after acquiring an additional 4,000 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company’s stock valued at $48,000 after purchasing an additional 4,081 shares during the period. Alliance Wealth Advisors LLC UT acquired a new stake in Harmony Gold Mining during the fourth quarter worth about $88,000. Private Advisor Group LLC raised its stake in Harmony Gold Mining by 18.0% during the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock worth $107,000 after purchasing an additional 1,987 shares during the period. Finally, US Bancorp DE grew its stake in shares of Harmony Gold Mining by 12.3% in the 4th quarter. US Bancorp DE now owns 13,801 shares of the mining company’s stock valued at $113,000 after buying an additional 1,514 shares during the period. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Performance

NYSE HMY opened at $14.08 on Friday. The stock has a market cap of $8.93 billion, a PE ratio of 8.33, a P/E/G ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $14.38. The stock has a fifty day simple moving average of $11.54 and a 200-day simple moving average of $10.29. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04.

Harmony Gold Mining Increases Dividend

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

Analysts Set New Price Targets

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

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.