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

National Bank of Canada FI decreased its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 5.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,101,863 shares of the mining company’s stock after selling 68,247 shares during the period. National Bank of Canada FI’s holdings in Harmony Gold Mining were worth $9,046,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. ABC Arbitrage SA purchased a new stake in Harmony Gold Mining in the 4th quarter valued at about $20,229,000. Wellington Management Group LLP boosted its position in shares of Harmony Gold Mining by 76.8% in the third quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company’s stock worth $27,219,000 after acquiring an additional 1,162,292 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $2,016,000. Assenagon Asset Management S.A. acquired a new position in Harmony Gold Mining during the fourth quarter worth approximately $1,804,000. Finally, SBI Securities Co. Ltd. purchased a new position in Harmony Gold Mining during the fourth quarter worth approximately $1,478,000. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Stock Performance

NYSE 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 firm has a market capitalization of $8.24 billion, a P/E ratio of 7.68, a P/E/G ratio of 0.63 and a beta of 1.42. The business’s 50-day simple moving average is $11.95 and its 200-day simple moving average is $10.47.

Harmony Gold Mining Increases Dividend

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

Wall Street Analysts Forecast Growth

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

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.