EverSource Wealth Advisors LLC Buys 23,156 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

EverSource Wealth Advisors LLC lifted its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 1,894.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,378 shares of the mining company’s stock after purchasing an additional 23,156 shares during the period. EverSource Wealth Advisors LLC’s holdings in Harmony Gold Mining were worth $200,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in HMY. Grove Bank & Trust lifted its stake in Harmony Gold Mining by 400.0% in the fourth 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 period. Jones Financial Companies Lllp lifted its stake in 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 worth $48,000 after acquiring an additional 4,081 shares during the period. Alliance Wealth Advisors LLC UT purchased a new stake in Harmony Gold Mining in the fourth quarter worth about $88,000. Private Advisor Group LLC lifted its stake in Harmony Gold Mining by 18.0% in the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock worth $107,000 after acquiring an additional 1,987 shares during the period. Finally, US Bancorp DE lifted its stake in Harmony Gold Mining by 12.3% in the fourth quarter. US Bancorp DE now owns 13,801 shares of the mining company’s stock worth $113,000 after acquiring an additional 1,514 shares during the period. 31.79% of the stock is currently owned by institutional investors.

Harmony Gold Mining Stock Performance

HMY opened at $12.11 on Monday. Harmony Gold Mining Company Limited has a 52-week low of $7.21 and a 52-week high of $12.49. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The company has a market cap of $7.68 billion, a P/E ratio of 7.16, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85. The firm’s 50-day moving average price is $10.79 and its 200-day moving average price is $10.06.

Harmony Gold Mining Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be issued a dividend of $0.1245 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 0.9%. This is an increase from Harmony Gold Mining’s previous semi-annual dividend of $0.04. Harmony Gold Mining’s dividend payout ratio is 11.24%.

Analyst Ratings Changes

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.

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.