Amundi Sells 127,982 Shares of Harmony Gold Mining Company Limited $HMY

Amundi cut its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 4.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,546,959 shares of the mining company's stock after selling 127,982 shares during the quarter. Amundi owned 0.40% of Harmony Gold Mining worth $39,147,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Barometer Capital Management Inc. increased its position in Harmony Gold Mining by 1,118.8% during the 1st quarter. Barometer Capital Management Inc. now owns 117,000 shares of the mining company's stock worth $1,764,000 after purchasing an additional 107,400 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of Harmony Gold Mining during the fourth quarter worth $1,815,000. U S Global Investors Inc. increased its holdings in shares of Harmony Gold Mining by 49.4% during the first quarter. U S Global Investors Inc. now owns 397,947 shares of the mining company's stock worth $6,116,000 after buying an additional 131,538 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Harmony Gold Mining by 4,535.7% in the 1st quarter. Assetmark Inc. now owns 271,653 shares of the mining company's stock valued at $4,175,000 after acquiring an additional 265,793 shares during the last quarter. Finally, Ninety One UK Ltd bought a new position in shares of Harmony Gold Mining in the 4th quarter valued at $6,939,000. Institutional investors own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

HMY has been the topic of a number of research reports. Wall Street Zen lowered Harmony Gold Mining from a "buy" rating to a "hold" rating in a research report on Saturday. Morgan Stanley upgraded Harmony Gold Mining to an "overweight" rating in a research report on Thursday, April 16th. Zacks Research raised Harmony Gold Mining from a "strong sell" rating to a "hold" rating in a research note on Monday, May 11th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Harmony Gold Mining in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Harmony Gold Mining Stock Performance

NYSE:HMY opened at $15.74 on Monday. The company has a 50 day simple moving average of $15.95 and a two-hundred day simple moving average of $17.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.54 and a quick ratio of 0.38. Harmony Gold Mining Company Limited has a fifty-two week low of $12.58 and a fifty-two week high of $26.06.

Harmony Gold Mining Profile

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.

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