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

American Century Companies Inc. trimmed its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 7.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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. owned approximately 0.52% of Harmony Gold Mining worth $30,186,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new stake in Harmony Gold Mining during the 2nd quarter valued at approximately $41,000. St. Johns Investment Management Company LLC acquired a new position in shares of Harmony Gold Mining during the first quarter worth approximately $52,000. GAMMA Investing LLC boosted its position in shares of Harmony Gold Mining by 29.2% in the first quarter. GAMMA Investing LLC now owns 6,622 shares of the mining company’s stock valued at $54,000 after acquiring an additional 1,496 shares during the period. Atlas Capital Advisors LLC acquired a new stake in shares of Harmony Gold Mining in the first quarter worth $61,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in Harmony Gold Mining during the first quarter worth $77,000. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Price Performance

HMY stock opened at $9.80 on Thursday. The business’s 50-day simple moving average is $9.68 and its 200 day simple moving average is $9.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. Harmony Gold Mining Company Limited has a twelve month low of $3.51 and a twelve 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. Investors of record on Friday, October 11th will be paid a $0.042 dividend. 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. cut their target price on shares of Harmony Gold Mining from $5.80 to $4.80 and set an “underweight” rating for the company in a research note 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.