American Century Companies Inc. Sells 255,803 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

American Century Companies Inc. decreased its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 7.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,291,860 shares of the mining company’s stock after selling 255,803 shares during the period. American Century Companies Inc.’s holdings in Harmony Gold Mining were worth $30,186,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in HMY. Wedbush Securities Inc. acquired a new stake in shares of Harmony Gold Mining in the 2nd quarter valued at $188,000. Ashton Thomas Private Wealth LLC acquired a new position in Harmony Gold Mining in the second quarter valued at about $41,000. Ballentine Partners LLC bought a new stake in Harmony Gold Mining during the second quarter worth about $112,000. Acadian Asset Management LLC increased its holdings in shares of Harmony Gold Mining by 111.5% during the second quarter. Acadian Asset Management LLC now owns 1,853,606 shares of the mining company’s stock worth $16,978,000 after buying an additional 977,142 shares in the last quarter. Finally, Ritholtz Wealth Management bought a new position in shares of Harmony Gold Mining in the second quarter valued at approximately $1,106,000. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Performance

Shares of NYSE HMY opened at $9.80 on Thursday. Harmony Gold Mining Company Limited has a 12-month low of $3.51 and a 12-month high of $11.37. The firm’s 50-day simple moving average is $9.68 and its 200 day simple moving average is $9.05. 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 Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their price target on Harmony Gold Mining from $5.80 to $4.80 and set an “underweight” rating on the stock in a research report on Wednesday, July 3rd.

Harmony Gold Mining 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.