Harmony Gold Mining Company Limited (NYSE:HMY) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio cut its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 64.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in Harmony Gold Mining during the 4th quarter valued at $624,000. Jump Financial LLC acquired a new position in shares of Harmony Gold Mining during the fourth quarter valued at $174,000. Walleye Capital LLC bought a new stake in shares of Harmony Gold Mining during the fourth quarter valued at about $985,000. ABC Arbitrage SA acquired a new stake in Harmony Gold Mining in the fourth quarter worth about $20,229,000. Finally, Bank of America Corp DE lifted its holdings 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 period. 31.79% of the stock is currently owned by institutional investors and hedge funds.

Harmony Gold Mining Price Performance

Shares of HMY stock traded down $0.79 during mid-day trading on Friday, hitting $14.58. 6,016,224 shares of the stock traded hands, compared to its average volume of 5,365,862. 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 1.07 and a current ratio of 1.56. The company's 50-day simple moving average is $15.35 and its 200-day simple moving average is $12.14. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 0.63 and a beta of 0.98.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. 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. Wall Street Zen upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.

About Harmony Gold Mining

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.