Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by Polunin Capital Partners Ltd

Polunin Capital Partners Ltd decreased its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,077,884 shares of the mining company's stock after selling 220,500 shares during the period. Harmony Gold Mining comprises approximately 11.6% of Polunin Capital Partners Ltd's holdings, making the stock its 2nd largest holding. Polunin Capital Partners Ltd owned 1.63% of Harmony Gold Mining worth $61,979,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HMY. Envestnet Asset Management Inc. acquired a new position in Harmony Gold Mining in the 1st quarter valued at approximately $182,000. JPMorgan Chase & Co. raised its holdings in shares of Harmony Gold Mining by 3.6% in the 1st quarter. JPMorgan Chase & Co. now owns 655,791 shares of the mining company's stock worth $3,299,000 after buying an additional 22,584 shares in the last quarter. Raymond James & Associates acquired a new position in shares of Harmony Gold Mining in the 1st quarter worth approximately $156,000. Bank of New York Mellon Corp acquired a new position in shares of Harmony Gold Mining in the 1st quarter worth approximately $67,000. Finally, Private Advisor Group LLC acquired a new position in shares of Harmony Gold Mining in the 1st quarter worth approximately $71,000. Institutional investors and hedge funds own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HMY shares. StockNews.com raised Harmony Gold Mining from a "buy" rating to a "strong-buy" rating in a report on Friday, March 29th. JPMorgan Chase & Co. cut Harmony Gold Mining from a "neutral" rating to an "underweight" rating in a report on Tuesday, December 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Harmony Gold Mining presently has a consensus rating of "Hold" and a consensus target price of $3.40.

Harmony Gold Mining Trading Up 2.9 %

Shares of Harmony Gold Mining stock traded up $0.25 during trading on Friday, reaching $8.84. The stock had a trading volume of 8,173,980 shares, compared to its average volume of 7,716,164. The stock has a fifty day moving average price of $6.82 and a two-hundred day moving average price of $5.83. Harmony Gold Mining Company Limited has a 52 week low of $3.41 and a 52 week high of $8.94. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.11 and a current ratio of 1.62.

Harmony Gold Mining Increases Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Monday, April 22nd. Stockholders of record on Friday, April 12th will be issued a $0.062 dividend. This represents a dividend yield of 1.2%. This is a positive change from Harmony Gold Mining's previous Semi-Annual dividend of $0.03. The ex-dividend date is Thursday, April 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.