Public Employees Retirement System of Ohio Purchases Shares of 138,791 Harmony Gold Mining Company Limited (NYSE:HMY)

Public Employees Retirement System of Ohio purchased a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 138,791 shares of the mining company's stock, valued at approximately $1,412,000.

Several other institutional investors have also added to or reduced their stakes in the business. MML Investors Services LLC increased its holdings in shares of Harmony Gold Mining by 212.5% during the third quarter. MML Investors Services LLC now owns 31,405 shares of the mining company's stock valued at $319,000 after acquiring an additional 21,356 shares in the last quarter. Dorsey Wright & Associates grew its position in Harmony Gold Mining by 12.0% during the 3rd quarter. Dorsey Wright & Associates now owns 378,630 shares of the mining company's stock worth $3,851,000 after purchasing an additional 40,592 shares during the last quarter. Wellington Management Group LLP increased its stake in Harmony Gold Mining by 76.8% during the 3rd quarter. Wellington Management Group LLP now owns 2,676,433 shares of the mining company's stock valued at $27,219,000 after purchasing an additional 1,162,292 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Harmony Gold Mining by 298.5% in the third quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company's stock worth $525,000 after buying an additional 39,237 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Harmony Gold Mining during the third quarter worth $528,000. Institutional investors and hedge funds own 31.79% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HMY shares. JPMorgan Chase & Co. upped their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the company a "neutral" rating in a research report on Tuesday, November 12th. Bank of America initiated coverage on Harmony Gold Mining in a report on Monday, October 21st. They issued a "neutral" rating on the stock. Finally, StockNews.com downgraded Harmony Gold Mining from a "buy" rating to a "hold" rating in a report on Thursday, November 28th.

Harmony Gold Mining Stock Performance

Shares of NYSE:HMY traded up $0.04 during midday trading on Thursday, reaching $8.34. The company's stock had a trading volume of 5,759,560 shares, compared to its average volume of 4,834,375. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average of $9.86 and a 200 day moving average of $9.66. Harmony Gold Mining Company Limited has a twelve month low of $5.40 and a twelve month high of $12.29. The firm has a market capitalization of $5.29 billion, a PE ratio of 6.00, a P/E/G ratio of 0.46 and a beta of 1.72.

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.