Atria Investments Inc Has $649,000 Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Atria Investments Inc reduced its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,770 shares of the mining company’s stock after selling 4,085 shares during the quarter. Atria Investments Inc’s holdings in Harmony Gold Mining were worth $649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HMY. Tidal Investments LLC bought a new stake in shares of Harmony Gold Mining during the first quarter worth $59,033,000. Van ECK Associates Corp grew its position in Harmony Gold Mining by 3.3% during the third quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company’s stock worth $700,663,000 after buying an additional 2,206,537 shares in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Harmony Gold Mining during the 1st quarter worth approximately $8,171,000. Acadian Asset Management LLC grew its position in Harmony Gold Mining by 111.5% in the second quarter. Acadian Asset Management LLC now owns 1,853,606 shares of the mining company’s stock valued at $16,978,000 after acquiring an additional 977,142 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Harmony Gold Mining by 63.7% in the 2nd quarter. AQR Capital Management LLC now owns 1,567,543 shares of the mining company’s stock valued at $14,374,000 after purchasing an additional 609,971 shares during the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Up 3.2 %

Harmony Gold Mining stock opened at $9.61 on Wednesday. The business has a 50-day simple moving average of $10.28 and a 200 day simple moving average of $9.70. Harmony Gold Mining Company Limited has a 52 week low of $5.40 and a 52 week high of $12.29. 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 business also recently announced a Semi-Annual dividend, which was paid on Monday, October 21st. Investors of record on Friday, October 11th were given a $0.042 dividend. The ex-dividend date of this dividend was Friday, October 11th. This represents a yield of 1.2%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HMY. Bank of America initiated coverage on Harmony Gold Mining in a research report on Monday, October 21st. They set a “neutral” rating for the company. StockNews.com raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research note on Tuesday, November 12th.

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.