Blue Trust Inc. cut its holdings in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 77.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,110 shares of the mining company's stock after selling 30,912 shares during the quarter. Blue Trust Inc.'s holdings in Harmony Gold Mining were worth $75,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of HMY. Hara Capital LLC purchased a new position in Harmony Gold Mining in the 3rd quarter worth approximately $38,000. Grove Bank & Trust grew its position in shares of Harmony Gold Mining by 400.0% during the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock valued at $41,000 after acquiring an additional 4,000 shares during the period. Alliance Wealth Advisors LLC UT bought a new stake in shares of Harmony Gold Mining during the 4th quarter valued at $88,000. Ground Swell Capital LLC bought a new stake in shares of Harmony Gold Mining during the 3rd quarter valued at $115,000. Finally, Ballentine Partners LLC grew its position in shares of Harmony Gold Mining by 12.2% during the 4th quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company's stock valued at $115,000 after acquiring an additional 1,533 shares during the period. 31.79% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have recently issued reports on HMY. JPMorgan Chase & Co. boosted their price objective on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a "neutral" rating in a research report on Tuesday, November 12th. StockNews.com downgraded shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a research report on Wednesday, January 29th.
Get Our Latest Stock Analysis on Harmony Gold Mining
Harmony Gold Mining Price Performance
Harmony Gold Mining stock traded down $0.84 during mid-day trading on Thursday, hitting $10.09. The stock had a trading volume of 5,857,411 shares, compared to its average volume of 7,459,384. The firm has a market capitalization of $6.40 billion, a P/E ratio of 5.97, a P/E/G ratio of 0.63 and a beta of 1.75. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The firm's 50 day moving average is $10.10 and its 200 day moving average is $10.00. Harmony Gold Mining Company Limited has a one year low of $5.41 and a one year high of $12.48.
Harmony Gold Mining Company Profile
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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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