Harmony Gold Mining Company Limited (NYSE:HMY) Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp lifted its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 15.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,840,989 shares of the mining company's stock after acquiring an additional 241,076 shares during the quarter. Mackenzie Financial Corp owned 0.29% of Harmony Gold Mining worth $27,191,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of HMY. Millennium Management LLC grew its stake in shares of Harmony Gold Mining by 59.5% during the fourth quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock worth $21,635,000 after purchasing an additional 982,740 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter worth $11,903,000. Lazard Asset Management LLC grew its stake in shares of Harmony Gold Mining by 32.1% during the fourth quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock worth $10,249,000 after purchasing an additional 303,723 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Harmony Gold Mining by 4.9% during the fourth quarter. Bank of America Corp DE now owns 1,235,498 shares of the mining company's stock worth $10,143,000 after purchasing an additional 58,138 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Harmony Gold Mining by 8.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,085,181 shares of the mining company's stock worth $8,909,000 after purchasing an additional 81,642 shares in the last quarter. Hedge funds and other institutional investors own 31.79% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. BMO Capital Markets assumed coverage on shares of Harmony Gold Mining in a research note on Thursday, July 17th. They issued a "market perform" rating and a $16.00 price objective for the company. Hsbc Global Res upgraded shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $12.20.

Harmony Gold Mining Price Performance

Harmony Gold Mining stock traded up $0.76 during mid-day trading on Friday, reaching $14.22. The company had a trading volume of 5,555,460 shares, compared to its average volume of 2,973,830. Harmony Gold Mining Company Limited has a 1 year low of $7.97 and a 1 year 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 company has a market capitalization of $9.03 billion, a P/E ratio of 8.41, a P/E/G ratio of 0.08 and a beta of 0.94. The stock's 50-day simple moving average is $14.42 and its 200-day simple moving average is $13.62.

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.