Harmony Gold Mining Company Limited (NYSE:HMY) Position Lessened by Qtron Investments LLC

Qtron Investments LLC reduced its holdings in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 37.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,290 shares of the mining company's stock after selling 23,330 shares during the quarter. Qtron Investments LLC's holdings in Harmony Gold Mining were worth $314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HMY. FMR LLC increased its holdings in shares of Harmony Gold Mining by 522.6% in the third quarter. FMR LLC now owns 38,620 shares of the mining company's stock valued at $393,000 after buying an additional 32,417 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Harmony Gold Mining in the 3rd quarter worth $528,000. HighTower Advisors LLC raised its position in shares of Harmony Gold Mining by 298.5% during the third quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company's stock worth $525,000 after purchasing an additional 39,237 shares during the period. MML Investors Services LLC lifted its holdings in shares of Harmony Gold Mining by 212.5% during the third quarter. MML Investors Services LLC now owns 31,405 shares of the mining company's stock valued at $319,000 after purchasing an additional 21,356 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Harmony Gold Mining in the 3rd quarter valued at $1,412,000. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Trading Down 2.5 %

NYSE HMY traded down $0.45 on Friday, hitting $17.55. 6,169,852 shares of the stock were exchanged, compared to its average volume of 5,237,200. The company's 50-day moving average price is $12.96 and its two-hundred day moving average price is $10.91. The company has a market capitalization of $11.14 billion, a price-to-earnings ratio of 10.38, a P/E/G ratio of 0.63 and a beta of 1.42. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $18.77. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07.

Harmony Gold Mining Increases Dividend

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

Wall Street Analyst Weigh In

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

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.