SBI Securities Co. Ltd. bought a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 180,073 shares of the mining company's stock, valued at approximately $1,478,000.
A number of other institutional investors also recently made changes to their positions in the business. Hara Capital LLC bought a new stake in Harmony Gold Mining in the third quarter valued at $38,000. Grove Bank & Trust lifted its holdings in shares of Harmony Gold Mining by 400.0% in the fourth quarter. Grove Bank & Trust now owns 5,000 shares of the mining company's stock valued at $41,000 after buying an additional 4,000 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock worth $48,000 after acquiring an additional 4,081 shares during the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in Harmony Gold Mining during the fourth quarter worth approximately $88,000. Finally, Private Advisor Group LLC raised its position in shares of Harmony Gold Mining by 18.0% in the fourth quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company's stock valued at $107,000 after purchasing an additional 1,987 shares during the period. 31.79% of the stock is owned by institutional investors and hedge funds.
Harmony Gold Mining Trading Down 0.1 %
HMY stock traded down $0.02 during midday trading on Thursday, reaching $10.83. The stock had a trading volume of 3,052,325 shares, compared to its average volume of 5,155,675. The firm has a market cap of $6.87 billion, a price-to-earnings ratio of 6.41, a PEG ratio of 0.63 and a beta of 1.75. Harmony Gold Mining Company Limited has a twelve month low of $6.80 and a twelve month high of $12.49. 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 business has a fifty day simple moving average of $10.30 and a two-hundred day simple moving average of $10.01.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on HMY shares. JPMorgan Chase & Co. raised their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a "neutral" rating in a research note on Tuesday, November 12th. StockNews.com lowered Harmony Gold Mining from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th.
Read Our Latest Research Report on Harmony Gold Mining
Harmony Gold Mining Profile
(
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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