Public Employees Retirement System of Ohio Sells 90,034 Shares of Harmony Gold Mining Company Limited (NYSE:HMY)

Public Employees Retirement System of Ohio decreased its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 64.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,757 shares of the mining company's stock after selling 90,034 shares during the period. Public Employees Retirement System of Ohio's holdings in Harmony Gold Mining were worth $400,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in Harmony Gold Mining by 14.2% in the 4th quarter. Pacer Advisors Inc. now owns 39,586 shares of the mining company's stock valued at $325,000 after buying an additional 4,916 shares during the last quarter. Caprock Group LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at $188,000. Alliance Wealth Advisors LLC UT bought a new position in Harmony Gold Mining in the fourth quarter valued at about $88,000. Vontobel Holding Ltd. increased its position in Harmony Gold Mining by 4.1% in the fourth quarter. Vontobel Holding Ltd. now owns 516,166 shares of the mining company's stock worth $4,238,000 after purchasing an additional 20,336 shares during the period. Finally, ABC Arbitrage SA acquired a new stake in Harmony Gold Mining in the fourth quarter worth about $20,229,000. Institutional investors and hedge funds own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

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

Harmony Gold Mining Trading Down 5.1%

Shares of Harmony Gold Mining stock traded down $0.79 during trading on Friday, hitting $14.58. 6,016,224 shares of the company were exchanged, compared to its average volume of 5,363,890. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The firm has a market capitalization of $9.25 billion, a P/E ratio of 8.63, a price-to-earnings-growth ratio of 0.63 and a beta of 0.98. The firm's fifty day moving average price is $15.36 and its 200 day moving average price is $12.07. Harmony Gold Mining Company Limited has a 1-year low of $7.97 and a 1-year high of $18.77.

Harmony Gold Mining 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.