Cetera Investment Advisers Has $2.56 Million Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Cetera Investment Advisers cut its stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 14.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 311,584 shares of the mining company's stock after selling 53,422 shares during the period. Cetera Investment Advisers' holdings in Harmony Gold Mining were worth $2,558,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Stifel Financial Corp boosted its holdings in Harmony Gold Mining by 1.6% in the 4th quarter. Stifel Financial Corp now owns 54,911 shares of the mining company's stock valued at $451,000 after purchasing an additional 881 shares during the period. Townsquare Capital LLC boosted its holdings in Harmony Gold Mining by 2.2% in the 4th quarter. Townsquare Capital LLC now owns 67,741 shares of the mining company's stock valued at $556,000 after purchasing an additional 1,464 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of Harmony Gold Mining by 4.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 35,918 shares of the mining company's stock worth $295,000 after acquiring an additional 1,496 shares during the period. LPL Financial LLC lifted its holdings in shares of Harmony Gold Mining by 3.2% during the 4th quarter. LPL Financial LLC now owns 48,774 shares of the mining company's stock worth $400,000 after acquiring an additional 1,496 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of Harmony Gold Mining by 12.3% during the 4th quarter. US Bancorp DE now owns 13,801 shares of the mining company's stock worth $113,000 after acquiring an additional 1,514 shares during the period. 31.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.

Harmony Gold Mining Price Performance

Shares of NYSE:HMY traded up $0.66 during midday trading on Friday, reaching $15.84. 3,859,759 shares of the company's stock were exchanged, compared to its average volume of 5,290,243. The company's 50 day simple moving average is $15.02 and its two-hundred day simple moving average is $11.73. The firm has a market capitalization of $10.05 billion, a PE ratio of 9.37, a price-to-earnings-growth ratio of 0.63 and a beta of 1.01. Harmony Gold Mining Company Limited has a 12 month low of $7.97 and a 12 month high of $18.77. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56.

Harmony Gold Mining Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were given a dividend of $0.1245 per share. The ex-dividend date was Friday, April 11th. This represents a dividend yield of 0.9%. This is a boost from Harmony Gold Mining's previous semi-annual dividend of $0.04. Harmony Gold Mining's dividend payout ratio (DPR) is 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.