Generali Investments CEE investicni spolecnost a.s. Sells 19,524 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Generali Investments CEE investicni spolecnost a.s. lessened its position in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 81.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 4,476 shares of the mining company's stock after selling 19,524 shares during the period. Generali Investments CEE investicni spolecnost a.s.'s holdings in Harmony Gold Mining were worth $66,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $624,000. Jump Financial LLC acquired a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $174,000. Bank of America Corp DE grew its stake in Harmony Gold Mining by 4.9% in the fourth quarter. Bank of America Corp DE now owns 1,235,498 shares of the mining company's stock valued at $10,143,000 after acquiring an additional 58,138 shares during the period. Walleye Capital LLC acquired a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $985,000. Finally, Summit Financial LLC acquired a new stake in Harmony Gold Mining in the fourth quarter valued at approximately $1,233,000. Institutional investors and hedge funds own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res upgraded Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th.

Harmony Gold Mining Stock Up 0.8%

Shares of HMY stock traded up $0.12 during trading hours on Friday, reaching $14.38. The company had a trading volume of 2,144,712 shares, compared to its average volume of 5,470,258. Harmony Gold Mining Company Limited has a 12 month low of $7.97 and a 12 month high of $18.77. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.84 and a quick ratio of 1.46. The business has a fifty day simple moving average of $14.81 and a 200-day simple moving average of $12.85. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 8.51, a price-to-earnings-growth ratio of 0.09 and a beta of 0.94.

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.