Dimensional Fund Advisors LP lowered its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,920,128 shares of the mining company's stock after selling 146,623 shares during the period. Dimensional Fund Advisors LP owned 1.25% of Harmony Gold Mining worth $72,630,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Harmony Gold Mining during the 2nd quarter worth approximately $41,000. St. Johns Investment Management Company LLC bought a new position in Harmony Gold Mining in the 1st quarter worth approximately $52,000. GAMMA Investing LLC boosted its holdings in Harmony Gold Mining by 29.2% in the 1st quarter. GAMMA Investing LLC now owns 6,622 shares of the mining company's stock worth $54,000 after buying an additional 1,496 shares during the period. Atlas Capital Advisors LLC bought a new position in Harmony Gold Mining in the 1st quarter worth approximately $61,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in Harmony Gold Mining in the 1st quarter worth approximately $77,000. Hedge funds and other institutional investors own 31.79% of the company's stock.
Harmony Gold Mining Price Performance
Shares of NYSE:HMY opened at $10.82 on Friday. The firm has a fifty day moving average price of $9.71 and a two-hundred day moving average price of $9.17. 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 one year low of $3.51 and a one year high of $11.37.
Harmony Gold Mining Cuts Dividend
The company also recently declared a Semi-Annual dividend, which will be paid on Monday, October 21st. Shareholders of record on Friday, October 11th will be issued a $0.042 dividend. This represents a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 11th.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. cut their price objective on shares of Harmony Gold Mining from $5.80 to $4.80 and set an "underweight" rating for the company in a report on Wednesday, July 3rd.
Get Our Latest Analysis on Harmony Gold Mining
Harmony Gold Mining Profile
(
Free Report)
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.
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