Cambridge Investment Research Advisors Inc. cut its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 52.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,633 shares of the mining company's stock after selling 63,462 shares during the period. Cambridge Investment Research Advisors Inc.'s holdings in Harmony Gold Mining were worth $851,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in HMY. Raymond James Financial Inc. acquired a new stake in shares of Harmony Gold Mining in the 4th quarter valued at approximately $624,000. Jump Financial LLC acquired a new stake in shares of Harmony Gold Mining in the 4th quarter valued at approximately $174,000. Bank of America Corp DE raised its position in shares of Harmony Gold Mining by 4.9% in the 4th 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 shares of Harmony Gold Mining in the 4th quarter valued at approximately $985,000. Finally, GAMMA Investing LLC raised its position in shares of Harmony Gold Mining by 11.1% in the 1st quarter. GAMMA Investing LLC now owns 8,689 shares of the mining company's stock valued at $128,000 after acquiring an additional 866 shares during the period. 31.79% of the stock is currently owned by institutional investors and hedge funds.
Harmony Gold Mining Stock Down 4.6%
NYSE HMY traded down $0.67 during trading hours on Tuesday, reaching $14.05. 5,011,369 shares of the company's stock were exchanged, compared to its average volume of 5,460,354. The company's 50-day moving average is $14.79 and its two-hundred day moving average is $12.93. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $18.77. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.84. The company has a market capitalization of $8.92 billion, a price-to-earnings ratio of 8.31, a price-to-earnings-growth ratio of 0.09 and a beta of 0.94.
Analyst Upgrades and Downgrades
Separately, Hsbc Global Res raised Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th.
Read Our Latest Analysis on Harmony Gold Mining
Harmony Gold Mining Company Profile
(
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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