Atlas Capital Advisors Inc. Acquires Shares of 44,880 Harmony Gold Mining Company Limited $HMY

Atlas Capital Advisors Inc. acquired a new stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 44,880 shares of the mining company’s stock, valued at approximately $893,000.

Several other institutional investors and hedge funds have also bought and sold shares of HMY. Marshall Wace LLP lifted its stake in shares of Harmony Gold Mining by 104.4% in the 4th quarter. Marshall Wace LLP now owns 97,919 shares of the mining company’s stock valued at $1,949,000 after purchasing an additional 50,015 shares during the period. Segall Bryant & Hamill LLC lifted its stake in shares of Harmony Gold Mining by 65.4% in the 4th quarter. Segall Bryant & Hamill LLC now owns 30,600 shares of the mining company’s stock valued at $609,000 after purchasing an additional 12,100 shares during the period. Walleye Capital LLC acquired a new position in shares of Harmony Gold Mining in the 4th quarter valued at $456,000. Bridgewater Associates LP lifted its stake in shares of Harmony Gold Mining by 1,973.3% in the 4th quarter. Bridgewater Associates LP now owns 1,224,972 shares of the mining company’s stock valued at $24,377,000 after purchasing an additional 1,165,890 shares during the period. Finally, Stifel Financial Corp lifted its stake in shares of Harmony Gold Mining by 6.3% in the 4th quarter. Stifel Financial Corp now owns 56,966 shares of the mining company’s stock valued at $1,134,000 after purchasing an additional 3,392 shares during the period. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Morgan Stanley upgraded shares of Harmony Gold Mining to an “overweight” rating in a research note on Thursday, April 16th. Wall Street Zen upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Finally, Zacks Research upgraded shares of Harmony Gold Mining from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.00.

Harmony Gold Mining Trading Down 0.1%

Shares of NYSE HMY opened at $15.84 on Monday. The firm has a fifty day moving average of $16.78 and a 200 day moving average of $18.77. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.54 and a quick ratio of 0.38. Harmony Gold Mining Company Limited has a one year low of $12.58 and a one year high of $26.06.

Harmony Gold Mining Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, April 24th were issued a $0.3124 dividend. This represents a yield of 372.0%. The ex-dividend date of this dividend was Friday, April 24th.

Harmony Gold Mining Company Profile

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.