22,102 Shares in Harmony Gold Mining Company Limited (NYSE:HMY) Purchased by Rakuten Securities Inc.

Rakuten Securities Inc. acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,102 shares of the mining company's stock, valued at approximately $326,000.

Several other institutional investors and hedge funds have also recently modified their holdings of HMY. Renaissance Technologies LLC bought a new position in Harmony Gold Mining in the 4th quarter valued at about $11,903,000. Millennium Management LLC grew its position in shares of Harmony Gold Mining by 59.5% in the fourth quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after purchasing an additional 982,740 shares during the last quarter. Two Sigma Investments LP grew its position in shares of Harmony Gold Mining by 274.0% in the fourth quarter. Two Sigma Investments LP now owns 498,405 shares of the mining company's stock valued at $4,092,000 after purchasing an additional 365,132 shares during the last quarter. Marshall Wace LLP increased its stake in shares of Harmony Gold Mining by 1,465.3% during the fourth quarter. Marshall Wace LLP now owns 388,204 shares of the mining company's stock worth $3,187,000 after purchasing an additional 363,404 shares during the period. Finally, Lazard Asset Management LLC lifted its holdings in Harmony Gold Mining by 32.1% during the 4th quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock worth $10,249,000 after purchasing an additional 303,723 shares during the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HMY. Wall Street Zen raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th.

Harmony Gold Mining Stock Performance

Shares of NYSE:HMY traded down $0.22 on Friday, reaching $14.17. 7,558,029 shares of the company's stock were exchanged, compared to its average volume of 5,446,167. The company has a current ratio of 1.84, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $18.77. The company has a fifty day moving average of $15.44 and a 200-day moving average of $12.44. The company has a market capitalization of $8.99 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 0.23 and a beta of 0.98.

Harmony Gold Mining Company Profile

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.