Harmony Gold Mining Company Limited $HMY Shares Acquired by Acadian Asset Management LLC

Acadian Asset Management LLC lifted its position in Harmony Gold Mining Company Limited (NYSE:HMY) by 46.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,613,767 shares of the mining company’s stock after acquiring an additional 1,152,915 shares during the period. Acadian Asset Management LLC owned 0.57% of Harmony Gold Mining worth $50,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in HMY. Parallel Advisors LLC lifted its holdings in Harmony Gold Mining by 16.7% in the 2nd quarter. Parallel Advisors LLC now owns 5,494 shares of the mining company’s stock valued at $77,000 after purchasing an additional 788 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Harmony Gold Mining by 11.5% in the second quarter. GAMMA Investing LLC now owns 9,692 shares of the mining company’s stock valued at $135,000 after buying an additional 1,003 shares during the last quarter. Veracity Capital LLC lifted its stake in shares of Harmony Gold Mining by 14.9% in the second quarter. Veracity Capital LLC now owns 16,203 shares of the mining company’s stock worth $226,000 after buying an additional 2,099 shares in the last quarter. Segall Bryant & Hamill LLC lifted its stake in shares of Harmony Gold Mining by 7.3% in the first quarter. Segall Bryant & Hamill LLC now owns 39,800 shares of the mining company’s stock worth $588,000 after buying an additional 2,700 shares in the last quarter. Finally, Truist Financial Corp boosted its position in Harmony Gold Mining by 20.3% during the second quarter. Truist Financial Corp now owns 17,549 shares of the mining company’s stock worth $245,000 after acquiring an additional 2,960 shares during the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Harmony Gold Mining Stock Up 3.6%

NYSE HMY opened at $16.39 on Monday. The stock has a fifty day simple moving average of $17.00 and a 200-day simple moving average of $15.58. The company has a current ratio of 1.72, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $22.25.

Harmony Gold Mining Dividend Announcement

The business also recently declared a semi-annual dividend, which was paid on Monday, October 20th. Stockholders of record on Friday, October 10th were paid a $0.0893 dividend. This represents a dividend yield of 98.0%. The ex-dividend date of this dividend was Friday, October 10th.

Analyst Upgrades and Downgrades

A number of research firms have commented on HMY. HSBC upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Thursday, October 9th. Wall Street Zen lowered Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Zacks Research upgraded Harmony Gold Mining from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. Investec raised Harmony Gold Mining to a “hold” rating in a research note on Friday, October 10th. Finally, Hsbc Global Res upgraded Harmony Gold Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Harmony Gold Mining currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.20.

About Harmony Gold Mining

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.