Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 5.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,803 shares of the mining company’s stock after selling 6,665 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Harmony Gold Mining were worth $1,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp boosted its position in Harmony Gold Mining by 3.3% in the 3rd quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company’s stock valued at $700,663,000 after buying an additional 2,206,537 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of Harmony Gold Mining by 111.5% in the second quarter. Acadian Asset Management LLC now owns 1,853,606 shares of the mining company’s stock worth $16,978,000 after acquiring an additional 977,142 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Harmony Gold Mining by 63.7% in the second quarter. AQR Capital Management LLC now owns 1,567,543 shares of the mining company’s stock valued at $14,374,000 after purchasing an additional 609,971 shares during the last quarter. Cetera Investment Advisers grew its stake in Harmony Gold Mining by 32.8% during the 2nd quarter. Cetera Investment Advisers now owns 340,954 shares of the mining company’s stock valued at $3,127,000 after purchasing an additional 84,258 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Harmony Gold Mining by 60.9% during the 2nd quarter. Sei Investments Co. now owns 255,143 shares of the mining company’s stock worth $2,340,000 after purchasing an additional 96,577 shares during the last quarter. 31.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HMY has been the subject of several research analyst reports. Bank of America assumed coverage on Harmony Gold Mining in a research note on Monday, October 21st. They set a “neutral” rating for the company. StockNews.com downgraded shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th.

Harmony Gold Mining Trading Up 1.3 %

NYSE:HMY opened at $9.19 on Monday. The business’s 50 day moving average is $10.23 and its two-hundred day moving average is $9.72. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a 52 week low of $5.40 and a 52 week high of $12.29.

Harmony Gold Mining Cuts Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, October 11th were issued a $0.042 dividend. This represents a yield of 1.2%. The ex-dividend date of this dividend was Friday, October 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.