Atria Investments Inc Sells 4,085 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Atria Investments Inc trimmed its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 6.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 63,770 shares of the mining company’s stock after selling 4,085 shares during the quarter. Atria Investments Inc’s holdings in Harmony Gold Mining were worth $649,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hara Capital LLC purchased a new position in Harmony Gold Mining during the third quarter valued at $38,000. Ashton Thomas Private Wealth LLC purchased a new stake in Harmony Gold Mining during the 2nd quarter valued at approximately $41,000. Diversified Trust Co purchased a new position in Harmony Gold Mining during the 2nd quarter valued at approximately $93,000. Burns Matteson Capital Management LLC purchased a new stake in Harmony Gold Mining during the 1st quarter valued at $94,000. Finally, Wallace Advisory Group LLC bought a new position in shares of Harmony Gold Mining during the second quarter valued at approximately $94,000. Institutional investors own 31.79% of the company’s stock.

Analyst Ratings Changes

HMY has been the topic of several research reports. StockNews.com upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Wednesday. Bank of America assumed coverage on Harmony Gold Mining in a research note on Monday, October 21st. They issued a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. lifted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research report on Tuesday, November 12th.

Harmony Gold Mining Stock Up 3.2 %

Shares of HMY opened at $9.61 on Wednesday. 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 $5.40 and a 1-year high of $12.29. The firm has a fifty day moving average price of $10.28 and a 200 day moving average price of $9.70.

Harmony Gold Mining Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, October 11th were issued a $0.042 dividend. This represents a yield of 1.2%. The ex-dividend date was Friday, October 11th.

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.