Wellington Management Group LLP boosted its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 76.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,676,433 shares of the mining company's stock after purchasing an additional 1,162,292 shares during the period. Wellington Management Group LLP owned about 0.42% of Harmony Gold Mining worth $27,219,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of the company. Hara Capital LLC bought a new position in Harmony Gold Mining in the third quarter valued at approximately $38,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Harmony Gold Mining during the second quarter worth $41,000. Diversified Trust Co acquired a new position in shares of Harmony Gold Mining during the second quarter worth $93,000. Wallace Advisory Group LLC acquired a new position in shares of Harmony Gold Mining during the second quarter worth $94,000. Finally, International Assets Investment Management LLC acquired a new position in Harmony Gold Mining in the third quarter valued at $1,035,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.
Harmony Gold Mining Stock Down 1.9 %
HMY stock traded down $0.17 during trading on Friday, reaching $8.97. The stock had a trading volume of 2,824,041 shares, compared to its average volume of 4,821,870. 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 company's 50 day moving average is $9.96 and its two-hundred day moving average is $9.68. Harmony Gold Mining Company Limited has a one year low of $5.40 and a one year high of $12.29.
Analyst Ratings Changes
Several equities analysts recently issued reports on HMY shares. Bank of America started coverage on shares of Harmony Gold Mining in a report on Monday, October 21st. They issued a "neutral" rating on the stock. StockNews.com lowered shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a report on Thursday, November 28th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a "neutral" rating in a report on Tuesday, November 12th.
View Our Latest Stock Report on Harmony Gold Mining
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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