Barclays PLC Sells 24,189 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Barclays PLC decreased its holdings in Harmony Gold Mining Company Limited (NYSE:HMY) by 8.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 272,157 shares of the mining company’s stock after selling 24,189 shares during the period. Barclays PLC’s holdings in Harmony Gold Mining were worth $2,235,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Grove Bank & Trust lifted its position in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after purchasing an additional 4,000 shares during the period. Jones Financial Companies Lllp raised its stake in Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company’s stock worth $48,000 after buying an additional 4,081 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Harmony Gold Mining in the fourth quarter worth about $77,000. Advisory Services Network LLC bought a new stake in Harmony Gold Mining during the 4th quarter valued at approximately $87,000. Finally, Alliance Wealth Advisors LLC UT purchased a new position in shares of Harmony Gold Mining during the 4th quarter worth approximately $88,000. Institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Price Performance

Shares of HMY opened at $15.91 on Thursday. The firm’s 50-day simple moving average is $13.71 and its two-hundred day simple moving average is $11.26. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77. The stock has a market cap of $10.10 billion, a PE ratio of 9.41, a price-to-earnings-growth ratio of 0.63 and a beta of 1.42. 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 Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were given a dividend of $0.1245 per share. This represents a yield of 0.9%. The ex-dividend date was Friday, April 11th. This is a positive change from Harmony Gold Mining’s previous semi-annual dividend of $0.04. Harmony Gold Mining’s dividend payout ratio (DPR) is 11.24%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HMY. Hsbc Global Res upgraded Harmony Gold Mining from a “moderate sell” rating to a “hold” rating in a research note on Thursday, April 17th. 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.