Kercheville Advisors LLC lessened its stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 38.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,100 shares of the mining company's stock after selling 53,500 shares during the period. Kercheville Advisors LLC's holdings in Harmony Gold Mining were worth $1,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in shares of Harmony Gold Mining by 230.3% during the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after purchasing an additional 4,081 shares during the last quarter. Parallel Advisors LLC increased its position in Harmony Gold Mining by 71.4% during the 1st quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company's stock valued at $70,000 after buying an additional 1,961 shares in the last quarter. Optiver Holding B.V. purchased a new stake in Harmony Gold Mining in the fourth quarter valued at about $75,000. Quantbot Technologies LP purchased a new stake in Harmony Gold Mining in the fourth quarter valued at about $77,000. Finally, Capstone Investment Advisors LLC acquired a new stake in Harmony Gold Mining in the fourth quarter worth about $82,000. 31.79% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
HMY has been the topic of several recent analyst reports. Hsbc Global Res upgraded 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 research report on Friday, March 7th.
Check Out Our Latest Research Report on Harmony Gold Mining
Harmony Gold Mining Stock Performance
HMY traded down $0.22 on Friday, reaching $14.17. 7,558,029 shares of the stock were exchanged, compared to its average volume of 5,446,167. 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 company's 50-day moving average price is $15.44 and its 200 day moving average price is $12.44. The firm has a market capitalization of $8.99 billion, a PE ratio of 8.38, a PEG ratio of 0.23 and a beta of 0.98. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77.
Harmony Gold Mining Company Profile
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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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