Atria Investments Inc Decreases Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Atria Investments Inc trimmed its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 42.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,012 shares of the mining company’s stock after selling 26,758 shares during the quarter. Atria Investments Inc’s holdings in Harmony Gold Mining were worth $304,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in HMY. US Bancorp DE increased its position in shares of Harmony Gold Mining by 12.3% during the fourth quarter. US Bancorp DE now owns 13,801 shares of the mining company’s stock worth $113,000 after purchasing an additional 1,514 shares in the last quarter. Ballentine Partners LLC boosted its stake in Harmony Gold Mining by 12.2% during the 4th quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company’s stock worth $115,000 after purchasing an additional 1,533 shares during the period. SG Americas Securities LLC grew its position in Harmony Gold Mining by 3.8% during the 4th quarter. SG Americas Securities LLC now owns 52,524 shares of the mining company’s stock worth $431,000 after purchasing an additional 1,919 shares during the last quarter. Private Advisor Group LLC increased 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 valued at $107,000 after purchasing an additional 1,987 shares during the period. Finally, Diversify Advisory Services LLC raised its holdings in shares of Harmony Gold Mining by 9.1% in the fourth quarter. Diversify Advisory Services LLC now owns 25,848 shares of the mining company’s stock valued at $235,000 after buying an additional 2,163 shares during the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Harmony Gold Mining Trading Up 1.6 %

Shares of Harmony Gold Mining stock opened at $12.31 on Tuesday. The firm has a market cap of $7.81 billion, a price-to-earnings ratio of 7.28, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a 52-week low of $7.21 and a 52-week high of $12.49. The company’s 50-day simple moving average is $10.87 and its 200-day simple moving average is $10.07. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.

Harmony Gold Mining Increases Dividend

The firm also recently announced 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. 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 yield of 0.9%. Harmony Gold Mining’s payout ratio is presently 11.24%.

Harmony Gold Mining 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.