Sanctuary Advisors LLC reduced its stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 65.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,809 shares of the mining company's stock after selling 103,672 shares during the period. Sanctuary Advisors LLC's holdings in Harmony Gold Mining were worth $450,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Creative Planning raised its position in Harmony Gold Mining by 3.6% in the 3rd quarter. Creative Planning now owns 59,686 shares of the mining company's stock valued at $607,000 after purchasing an additional 2,061 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Harmony Gold Mining during the 3rd quarter worth approximately $1,035,000. Van ECK Associates Corp lifted its holdings in shares of Harmony Gold Mining by 3.3% in the 3rd quarter. Van ECK Associates Corp now owns 68,895,088 shares of the mining company's stock valued at $700,663,000 after buying an additional 2,206,537 shares during the period. Ground Swell Capital LLC purchased a new stake in shares of Harmony Gold Mining in the third quarter valued at approximately $115,000. Finally, Hara Capital LLC acquired a new position in Harmony Gold Mining during the third quarter worth $38,000. Institutional investors and hedge funds own 31.79% of the company's stock.
Analyst Upgrades and Downgrades
HMY has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. StockNews.com lowered shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a research report on Wednesday, January 29th.
Check Out Our Latest Research Report on Harmony Gold Mining
Harmony Gold Mining Price Performance
HMY stock traded up $0.11 during midday trading on Thursday, hitting $10.95. 2,555,461 shares of the stock were exchanged, compared to its average volume of 5,153,329. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 0.63 and a beta of 1.75. Harmony Gold Mining Company Limited has a fifty-two week low of $6.80 and a fifty-two week high of $12.49. The stock's 50-day moving average price is $10.30 and its 200-day moving average price is $10.01.
Harmony Gold Mining 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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