Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by Sei Investments Co.

Sei Investments Co. trimmed its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 6.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 77,329 shares of the mining company’s stock after selling 4,999 shares during the quarter. Sei Investments Co.’s holdings in Harmony Gold Mining were worth $635,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. ABC Arbitrage SA acquired a new position in shares of Harmony Gold Mining during the 4th quarter valued at $20,229,000. Public Employees Retirement System of Ohio purchased a new position in Harmony Gold Mining in the third quarter valued at about $1,412,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Harmony Gold Mining during the fourth quarter worth about $923,000. HighTower Advisors LLC boosted its position in shares of Harmony Gold Mining by 298.5% in the third quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company’s stock worth $525,000 after buying an additional 39,237 shares during the period. Finally, Caprock Group LLC acquired a new stake in shares of Harmony Gold Mining in the fourth quarter valued at about $188,000. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Harmony Gold Mining Price Performance

HMY opened at $12.97 on Wednesday. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $15.22. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 0.63 and a beta of 1.42. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $12.09 and a 200 day simple moving average of $10.53.

Harmony Gold Mining Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be paid a dividend of $0.1245 per share. The ex-dividend date 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 currently 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.