Qtron Investments LLC Sells 23,330 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Qtron Investments LLC decreased its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 37.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,290 shares of the mining company’s stock after selling 23,330 shares during the period. Qtron Investments LLC’s holdings in Harmony Gold Mining were worth $314,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Grove Bank & Trust increased its position in Harmony Gold Mining by 400.0% in the fourth 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 position in shares of Harmony Gold Mining by 230.3% during the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company’s stock valued at $48,000 after acquiring an additional 4,081 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Harmony Gold Mining in the 4th quarter valued at $77,000. Advisory Services Network LLC acquired a new stake in shares of Harmony Gold Mining during the fourth quarter worth $87,000. Finally, Alliance Wealth Advisors LLC UT bought a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $88,000. Institutional investors own 31.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Friday, March 7th.

Harmony Gold Mining Stock Up 5.7 %

Shares of HMY stock opened at $17.16 on Monday. Harmony Gold Mining Company Limited has a 12-month low of $7.97 and a 12-month high of $17.37. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average of $12.42 and a 200-day moving average of $10.67. The company has a market capitalization of $10.89 billion, a price-to-earnings ratio of 10.16, a P/E/G ratio of 0.63 and a beta of 1.42.

Harmony Gold Mining Increases Dividend

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

Harmony Gold Mining Company 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.