Caprock Group LLC purchased a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,944 shares of the mining company's stock, valued at approximately $188,000.
Other hedge funds have also recently made changes to their positions in the company. Hara Capital LLC purchased a new stake in shares of Harmony Gold Mining during the third quarter worth about $38,000. Grove Bank & Trust raised its position in Harmony Gold Mining by 400.0% during the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock worth $41,000 after acquiring an additional 4,000 shares during the period. Ground Swell Capital LLC acquired a new stake in shares of Harmony Gold Mining in the third quarter worth approximately $115,000. Ballentine Partners LLC boosted its position in Harmony Gold Mining by 12.2% during the fourth quarter. Ballentine Partners LLC now owns 14,048 shares of the mining company's stock worth $115,000 after acquiring an additional 1,533 shares during the last quarter. Finally, DGS Capital Management LLC purchased a new stake in shares of Harmony Gold Mining in the third quarter valued at approximately $139,000. 31.79% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on HMY shares. Bank of America assumed coverage on shares of Harmony Gold Mining in a research note on Monday, October 21st. They issued a "neutral" rating on the stock. JPMorgan Chase & Co. raised their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. Finally, StockNews.com downgraded shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th.
View Our Latest Stock Report on Harmony Gold Mining
Harmony Gold Mining Price Performance
Harmony Gold Mining stock traded down $0.24 during trading on Tuesday, reaching $12.12. The company had a trading volume of 5,296,279 shares, compared to its average volume of 7,706,309. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The stock's 50 day moving average price is $9.52 and its two-hundred day moving average price is $9.82. Harmony Gold Mining Company Limited has a 12-month low of $5.41 and a 12-month high of $12.48.
About Harmony Gold Mining
(
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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