Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by National Bank of Canada FI

National Bank of Canada FI trimmed its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 5.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,101,863 shares of the mining company’s stock after selling 68,247 shares during the period. National Bank of Canada FI owned about 0.17% of Harmony Gold Mining worth $9,046,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Grove Bank & Trust grew its position in Harmony Gold Mining by 400.0% during the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after buying an additional 4,000 shares during the period. Jones Financial Companies Lllp boosted its stake 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 worth $48,000 after acquiring an additional 4,081 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Harmony Gold Mining in the 4th quarter worth approximately $77,000. Alliance Wealth Advisors LLC UT purchased a new position in Harmony Gold Mining in the 4th quarter valued at approximately $88,000. Finally, Private Advisor Group LLC raised its holdings in Harmony Gold Mining by 18.0% during the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company’s stock worth $107,000 after purchasing an additional 1,987 shares during the last quarter. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Trading Down 11.4 %

Shares of HMY opened at $12.99 on Friday. 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 1-year low of $7.97 and a 1-year high of $15.22. The stock has a market cap of $8.24 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 0.63 and a beta of 1.42. The firm has a 50 day simple moving average of $11.95 and a 200-day simple moving average of $10.47.

Harmony Gold Mining Increases Dividend

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

Analyst Ratings Changes

Separately, StockNews.com upgraded 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.