Cetera Investment Advisers Cuts Holdings in Harmony Gold Mining Company Limited (NYSE:HMY)

Cetera Investment Advisers decreased its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 14.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 311,584 shares of the mining company’s stock after selling 53,422 shares during the quarter. Cetera Investment Advisers’ holdings in Harmony Gold Mining were worth $2,558,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. American Century Companies Inc. increased its holdings in Harmony Gold Mining by 5.5% during the 4th quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company’s stock worth $27,193,000 after purchasing an additional 171,282 shares during the period. ABC Arbitrage SA purchased a new stake in Harmony Gold Mining during the 4th quarter worth about $20,229,000. Renaissance Technologies LLC purchased a new stake in Harmony Gold Mining during the 4th quarter worth about $11,903,000. Bank of America Corp DE increased its holdings in Harmony Gold Mining by 4.9% during the 4th quarter. Bank of America Corp DE now owns 1,235,498 shares of the mining company’s stock worth $10,143,000 after purchasing an additional 58,138 shares during the period. Finally, Bridgewater Associates LP increased its holdings in Harmony Gold Mining by 72.2% during the 4th quarter. Bridgewater Associates LP now owns 694,309 shares of the mining company’s stock worth $5,700,000 after purchasing an additional 291,131 shares during the period. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Hsbc Global Res upgraded Harmony Gold Mining from a “moderate sell” rating to a “hold” rating in a report on Thursday, April 17th. StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, March 7th.

Harmony Gold Mining Trading Down 0.2%

HMY opened at $14.45 on Friday. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $18.77. The company has a market cap of $9.17 billion, a P/E ratio of 8.55, a PEG ratio of 0.63 and a beta of 1.01. 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 business’s 50-day simple moving average is $14.71 and its 200-day simple moving average is $11.58.

Harmony Gold Mining Increases Dividend

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

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.