Atlas Capital Advisors Inc. Sells 957 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Atlas Capital Advisors Inc. reduced its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 1.8% in the fourth quarter, Holdings Channel reports. The firm owned 50,966 shares of the mining company’s stock after selling 957 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Harmony Gold Mining were worth $418,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Grove Bank & Trust increased its position in shares of Harmony Gold Mining by 400.0% during the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock valued at $41,000 after acquiring an additional 4,000 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Harmony Gold Mining by 230.3% in 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 in the last quarter. Quantbot Technologies LP purchased a new stake in Harmony Gold Mining during the 4th quarter valued at $77,000. Alliance Wealth Advisors LLC UT bought a new stake in shares of Harmony Gold Mining in the 4th quarter worth $88,000. Finally, Private Advisor Group LLC raised its stake in shares of Harmony Gold Mining by 18.0% in 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 hedge funds and other institutional investors.

Harmony Gold Mining Trading Down 11.4 %

Shares of HMY stock opened at $12.99 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a 12-month low of $7.97 and a 12-month high of $15.22. The stock 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 1.85. The firm’s 50 day moving average is $11.95 and its 200 day moving average is $10.47.

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 $0.1245 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 0.9%. This is a positive change from Harmony Gold Mining’s previous semi-annual dividend of $0.04. Harmony Gold Mining’s payout ratio is presently 11.24%.

Wall Street Analyst Weigh In

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 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.