PKO Investment Management Joint Stock Co Decreases Stake in Harmony Gold Mining Company Limited (NYSE:HMY)

PKO Investment Management Joint Stock Co trimmed its stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 23.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 228,700 shares of the mining company's stock after selling 70,000 shares during the period. PKO Investment Management Joint Stock Co's holdings in Harmony Gold Mining were worth $3,378,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. American Century Companies Inc. increased its holdings in Harmony Gold Mining by 5.5% in the 4th quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock valued at $27,193,000 after purchasing an additional 171,282 shares during the last quarter. Millennium Management LLC lifted its stake in 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. Mackenzie Financial Corp boosted its position in shares of Harmony Gold Mining by 12.0% during the fourth quarter. Mackenzie Financial Corp now owns 1,599,913 shares of the mining company's stock worth $13,135,000 after buying an additional 171,136 shares during the period. Renaissance Technologies LLC purchased a new position in shares of Harmony Gold Mining during the fourth quarter worth $11,903,000. Finally, Lazard Asset Management LLC grew its stake in shares of Harmony Gold Mining by 32.1% in the fourth quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock valued at $10,249,000 after buying an additional 303,723 shares in the last quarter. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HMY. Hsbc Global Res raised Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Wall Street Zen raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a research report on Friday, March 7th.

Harmony Gold Mining Stock Down 1.5%

HMY traded down $0.22 during trading hours on Friday, hitting $14.17. 7,558,029 shares of the company's stock were exchanged, compared to its average volume of 5,446,167. The firm has a market cap of $8.99 billion, a P/E ratio of 8.38, a price-to-earnings-growth ratio of 0.23 and a beta of 0.98. Harmony Gold Mining Company Limited has a 12-month low of $7.97 and a 12-month high of $18.77. The company has a current ratio of 1.84, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $15.44 and a 200 day moving average of $12.44.

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.