Harmony Gold Mining Company Limited $HMY Shares Sold by American Century Companies Inc.

American Century Companies Inc. decreased its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 1.8% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 3,737,892 shares of the mining company’s stock after selling 69,018 shares during the period. American Century Companies Inc.’s holdings in Harmony Gold Mining were worth $67,843,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversify Wealth Management LLC grew its position in Harmony Gold Mining by 4.3% during the 3rd quarter. Diversify Wealth Management LLC now owns 135,872 shares of the mining company’s stock worth $2,466,000 after purchasing an additional 5,587 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in Harmony Gold Mining in the third quarter valued at $518,000. Compound Planning Inc. boosted its holdings in Harmony Gold Mining by 3.5% in the third quarter. Compound Planning Inc. now owns 26,673 shares of the mining company’s stock valued at $484,000 after purchasing an additional 913 shares during the last quarter. Advisors Preferred LLC acquired a new stake in Harmony Gold Mining during the 3rd quarter worth about $452,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of Harmony Gold Mining by 57.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 10,596 shares of the mining company’s stock valued at $192,000 after buying an additional 3,863 shares during the last quarter. 31.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HMY has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Harmony Gold Mining in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Finally, Zacks Research downgraded shares of Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Harmony Gold Mining Stock Performance

Shares of HMY stock opened at $20.28 on Thursday. Harmony Gold Mining Company Limited has a fifty-two week low of $10.31 and a fifty-two week high of $26.06. The stock’s fifty day moving average is $21.48 and its two-hundred day moving average is $18.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.41 and a current ratio of 1.72.

Harmony Gold Mining Profile

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.