SG Americas Securities LLC Sells 54,520 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

SG Americas Securities LLC reduced its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 51.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,605 shares of the mining company’s stock after selling 54,520 shares during the quarter. SG Americas Securities LLC’s holdings in Harmony Gold Mining were worth $515,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of HMY. Virtu Financial LLC increased its holdings in Harmony Gold Mining by 114.6% in the fourth quarter. Virtu Financial LLC now owns 79,441 shares of the mining company’s stock worth $489,000 after purchasing an additional 42,416 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Harmony Gold Mining during the 4th quarter valued at $4,667,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Harmony Gold Mining during the fourth quarter worth $3,075,000. GAMMA Investing LLC grew its holdings in Harmony Gold Mining by 29.2% in the first quarter. GAMMA Investing LLC now owns 6,622 shares of the mining company’s stock worth $54,000 after purchasing an additional 1,496 shares during the period. Finally, Shilanski & Associates Inc. bought a new stake in Harmony Gold Mining in the first quarter valued at $225,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised shares of Harmony Gold Mining from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $4.90 to $8.20 in a research report on Thursday, October 10th.

Harmony Gold Mining Price Performance

NYSE HMY opened at $10.04 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. The business has a fifty day simple moving average of $9.95 and a 200 day simple moving average of $9.40. Harmony Gold Mining Company Limited has a 12 month low of $4.42 and a 12 month high of $11.37.

Harmony Gold Mining Cuts Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Monday, October 21st. Stockholders of record on Friday, October 11th will be issued a $0.042 dividend. The ex-dividend date is Friday, October 11th. This represents a dividend yield of 1.2%.

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.