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

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

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Millennium Management LLC boosted its holdings in shares of Harmony Gold Mining by 59.5% during the 4th quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after purchasing an additional 982,740 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Harmony Gold Mining in the 4th quarter valued at about $11,903,000. Lazard Asset Management LLC lifted its holdings in shares of Harmony Gold Mining by 32.1% in the 4th quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock valued at $10,249,000 after acquiring an additional 303,723 shares during the last quarter. Bank of America Corp DE lifted its stake in Harmony Gold Mining by 4.9% in 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 during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Harmony Gold Mining by 8.1% in 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 during the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

Harmony Gold Mining Stock Up 5.6%

HMY traded up $0.76 during trading on Friday, hitting $14.22. The stock had a trading volume of 5,555,198 shares, compared to its average volume of 6,025,371. The company has a market capitalization of $9.03 billion, a PE ratio of 8.41, a PEG ratio of 0.08 and a beta of 0.94. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month 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 stock has a 50 day simple moving average of $14.45 and a two-hundred day simple moving average of $13.59.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HMY. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. BMO Capital Markets initiated coverage on shares of Harmony Gold Mining in a report on Thursday, July 17th. They set a "market perform" rating and a $16.00 price objective on the stock. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $12.20.

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.