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

Atria Investments Inc decreased its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 42.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 37,012 shares of the mining company's stock after selling 26,758 shares during the period. Atria Investments Inc's holdings in Harmony Gold Mining were worth $304,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Grove Bank & Trust boosted its holdings 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 valued at $41,000 after acquiring an additional 4,000 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Harmony Gold Mining by 230.3% during the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after buying an additional 4,081 shares during the period. Alliance Wealth Advisors LLC UT purchased a new position in Harmony Gold Mining during the fourth quarter valued at $88,000. Private Advisor Group LLC lifted its position in Harmony Gold Mining by 18.0% during the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company's stock valued at $107,000 after buying an additional 1,987 shares during the period. Finally, DGS Capital Management LLC purchased a new position in Harmony Gold Mining during the third quarter valued at $139,000. Institutional investors own 31.79% of the company's stock.

Harmony Gold Mining Stock Down 1.1 %

Shares of HMY traded down $0.14 during trading hours on Friday, hitting $12.72. The company had a trading volume of 12,440,820 shares, compared to its average volume of 5,068,671. The firm has a fifty day moving average price of $11.11 and a 200-day moving average price of $10.13. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 7.52, a P/E/G ratio of 0.63 and a beta of 1.85. Harmony Gold Mining Company Limited has a 52-week low of $7.67 and a 52-week high of $13.02.

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Harmony Gold Mining Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be given a $0.1245 dividend. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from Harmony Gold Mining's previous semi-annual dividend of $0.04. Harmony Gold Mining's payout ratio is currently 11.24%.

Wall Street Analysts Forecast Growth

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

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.