SG Americas Securities LLC Sells 27,036 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

SG Americas Securities LLC lessened its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 44.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,460 shares of the mining company’s stock after selling 27,036 shares during the period. SG Americas Securities LLC’s holdings in Harmony Gold Mining were worth $206,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Point72 Middle East FZE purchased a new position in shares of Harmony Gold Mining during the 2nd quarter valued at $38,000. LPL Financial LLC purchased a new position in shares of Harmony Gold Mining during the 3rd quarter valued at $38,000. Advisor Group Holdings Inc. lifted its position in shares of Harmony Gold Mining by 378.1% during the 4th quarter. Advisor Group Holdings Inc. now owns 11,714 shares of the mining company’s stock valued at $39,000 after buying an additional 9,264 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Harmony Gold Mining by 137.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,273 shares of the mining company’s stock valued at $43,000 after buying an additional 5,948 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of Harmony Gold Mining during the 3rd quarter valued at $43,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Price Performance

NYSE:HMY opened at $9.11 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.11 and a debt-to-equity ratio of 0.08. Harmony Gold Mining Company Limited has a 52-week low of $3.41 and a 52-week high of $9.80. The business’s fifty day moving average is $7.09 and its 200 day moving average is $5.98.

Harmony Gold Mining Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Monday, April 22nd. Investors of record on Friday, April 12th will be paid a dividend of $0.062 per share. This represents a dividend yield of 1.2%. This is a positive change from Harmony Gold Mining’s previous Semi-Annual dividend of $0.03. The ex-dividend date of this dividend is Thursday, April 11th.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Harmony Gold Mining has a consensus rating of “Hold” and an average price target of $3.40.

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.