U S Global Investors Inc. cut its holdings in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 25.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,000 shares of the mining company's stock after selling 50,000 shares during the quarter. U S Global Investors Inc.'s holdings in Harmony Gold Mining were worth $2,216,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of HMY. Spire Wealth Management acquired a new stake in shares of Harmony Gold Mining in the first quarter valued at approximately $33,000. Jones Financial Companies Lllp raised its stake in shares of Harmony Gold Mining by 230.3% in the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after acquiring an additional 4,081 shares during the period. Parallel Advisors LLC raised its stake in shares of Harmony Gold Mining by 71.4% in the 1st quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company's stock valued at $70,000 after acquiring an additional 1,961 shares during the period. Optiver Holding B.V. purchased a new position in shares of Harmony Gold Mining in the 4th quarter valued at $75,000. Finally, Quantbot Technologies LP purchased a new position in shares of Harmony Gold Mining in the 4th quarter valued at $77,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.
Harmony Gold Mining Trading Down 3.7%
Harmony Gold Mining stock opened at $13.40 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.84 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $15.03 and a two-hundred day moving average price of $12.65. The firm has a market capitalization of $8.50 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 0.18 and a beta of 0.98. Harmony Gold Mining Company Limited has a 52-week low of $7.97 and a 52-week high of $18.77.
Analysts Set New Price Targets
A number of research firms recently weighed in on HMY. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.
Get Our Latest Research Report on Harmony Gold Mining
About Harmony Gold Mining
(
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.
Further Reading
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