Harmony Gold Mining Company Limited $HMY Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 2.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,261,811 shares of the mining company's stock after selling 126,547 shares during the period. Dimensional Fund Advisors LP owned 0.83% of Harmony Gold Mining worth $80,753,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of HMY. FIL Ltd acquired a new position in shares of Harmony Gold Mining during the 4th quarter worth about $111,182,000. Goldman Sachs Group Inc. increased its stake in Harmony Gold Mining by 215.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company's stock worth $82,289,000 after buying an additional 3,806,468 shares in the last quarter. AQR Capital Management LLC increased its stake in Harmony Gold Mining by 286.6% during the 2nd quarter. AQR Capital Management LLC now owns 3,961,141 shares of the mining company's stock worth $54,248,000 after buying an additional 2,936,552 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Harmony Gold Mining by 7,504.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,306,431 shares of the mining company's stock valued at $41,862,000 after acquiring an additional 2,276,099 shares during the last quarter. Finally, Man Group plc raised its holdings in shares of Harmony Gold Mining by 1,801.7% during the second quarter. Man Group plc now owns 1,985,093 shares of the mining company's stock valued at $27,732,000 after acquiring an additional 1,880,708 shares during the last quarter. Hedge funds and other institutional investors own 31.79% of the company's stock.

Harmony Gold Mining Trading Up 4.0%

NYSE HMY opened at $16.15 on Friday. The business's fifty day simple moving average is $15.97 and its 200-day simple moving average is $17.69. The company has a current ratio of 0.54, a quick ratio of 0.38 and a debt-to-equity ratio of 0.03. Harmony Gold Mining Company Limited has a 52 week low of $12.58 and a 52 week high of $26.06.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HMY shares. Zacks Research raised Harmony Gold Mining from a "strong sell" rating to a "hold" rating in a research note on Monday, May 11th. Morgan Stanley raised Harmony Gold Mining to an "overweight" rating in a research note on Thursday, April 16th. Wall Street Zen raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Saturday, July 18th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Harmony Gold Mining in a research note 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Harmony Gold Mining Company 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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