SG Americas Securities LLC Has $515,000 Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

SG Americas Securities LLC lessened its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 51.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,605 shares of the mining company’s stock after selling 54,520 shares during the quarter. SG Americas Securities LLC’s holdings in Harmony Gold Mining were worth $515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new stake in Harmony Gold Mining in the second quarter valued at about $41,000. St. Johns Investment Management Company LLC bought a new stake in shares of Harmony Gold Mining during the 1st quarter valued at approximately $52,000. GAMMA Investing LLC increased its position in Harmony Gold Mining by 29.2% during the 1st quarter. GAMMA Investing LLC now owns 6,622 shares of the mining company’s stock worth $54,000 after purchasing an additional 1,496 shares in the last quarter. Atlas Capital Advisors LLC bought a new position in Harmony Gold Mining in the 1st quarter valued at approximately $61,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Harmony Gold Mining in the first quarter valued at approximately $77,000. Institutional investors own 31.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upgraded shares of Harmony Gold Mining from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $4.90 to $8.20 in a report on Thursday, October 10th.

Harmony Gold Mining Price Performance

NYSE:HMY opened at $10.04 on Wednesday. The stock’s 50-day moving average is $9.95 and its 200-day moving average is $9.40. Harmony Gold Mining Company Limited has a 1-year low of $4.42 and a 1-year high of $11.37. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56.

Harmony Gold Mining Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Monday, October 21st. Shareholders of record on Friday, October 11th will be issued a dividend of $0.042 per share. This represents a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 11th.

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.