Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by First Trust Advisors LP

First Trust Advisors LP lowered its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 28.7% in the fourth quarter, HoldingsChannel reports. The firm owned 14,688 shares of the mining company’s stock after selling 5,899 shares during the quarter. First Trust Advisors LP’s holdings in Harmony Gold Mining were worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Grove Bank & Trust lifted its stake 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 acquiring an additional 4,000 shares during the period. Jones Financial Companies Lllp increased its position in shares of 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 acquiring an additional 4,081 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Harmony Gold Mining during the 4th quarter valued at $77,000. Advisory Services Network LLC purchased a new stake in Harmony Gold Mining in the 4th quarter worth about $87,000. Finally, Alliance Wealth Advisors LLC UT acquired a new stake in shares of Harmony Gold Mining during the fourth quarter worth approximately $88,000. Institutional investors own 31.79% of the company’s stock.

Analyst Ratings Changes

HMY has been the subject of several recent research reports. StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Hsbc Global Res upgraded Harmony Gold Mining from a “moderate sell” rating to a “hold” rating in a report on Thursday, April 17th.

Harmony Gold Mining Price Performance

Shares of NYSE:HMY opened at $15.77 on Monday. The business has a 50-day moving average of $14.42 and a two-hundred day moving average of $11.48. 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 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 capitalization of $10.01 billion, a P/E ratio of 9.33, a P/E/G ratio of 0.63 and a beta of 1.01.

Harmony Gold Mining Increases Dividend

The firm 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 dividend yield of 0.9%. The ex-dividend date was Friday, April 11th. This is a boost from Harmony Gold Mining’s previous semi-annual dividend of $0.04. Harmony Gold Mining’s payout ratio is currently 11.24%.

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.