Y Intercept Hong Kong Ltd purchased a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 112,414 shares of the mining company's stock, valued at approximately $923,000.
A number of other large investors also recently made changes to their positions in the business. ABC Arbitrage SA acquired a new position in Harmony Gold Mining in the fourth quarter valued at $20,229,000. Public Employees Retirement System of Ohio acquired a new position in shares of Harmony Gold Mining during the 3rd quarter valued at about $1,412,000. HighTower Advisors LLC lifted its holdings in shares of Harmony Gold Mining by 298.5% during the 3rd quarter. HighTower Advisors LLC now owns 52,383 shares of the mining company's stock worth $525,000 after acquiring an additional 39,237 shares during the period. Caprock Group LLC purchased a new position in shares of Harmony Gold Mining during the 4th quarter worth about $188,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Harmony Gold Mining in the third quarter worth approximately $1,526,000. Hedge funds and other institutional investors own 31.79% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms have weighed in on HMY. StockNews.com downgraded shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. increased 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.
Check Out Our Latest Research Report on HMY
Harmony Gold Mining Trading Up 0.7 %
Shares of NYSE HMY traded up $0.07 during midday trading on Monday, hitting $10.02. The stock had a trading volume of 5,635,915 shares, compared to its average volume of 5,184,156. The company has a fifty day moving average price of $10.17 and a 200 day moving average price of $10.00. The company has a market capitalization of $6.36 billion, a price-to-earnings ratio of 5.93, a PEG ratio of 0.63 and a beta of 1.75. Harmony Gold Mining Company Limited has a 1-year low of $6.13 and a 1-year 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.
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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