SBI Securities Co. Ltd. Increases Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

SBI Securities Co. Ltd. raised its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 56.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 281,313 shares of the mining company's stock after buying an additional 101,240 shares during the quarter. SBI Securities Co. Ltd.'s holdings in Harmony Gold Mining were worth $4,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Spire Wealth Management purchased a new position in Harmony Gold Mining during the first quarter valued at $33,000. Jones Financial Companies Lllp raised its position in shares of Harmony Gold Mining by 230.3% in the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock worth $48,000 after purchasing an additional 4,081 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Harmony Gold Mining by 71.4% in the 1st quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company's stock worth $70,000 after purchasing an additional 1,961 shares during the last quarter. Optiver Holding B.V. purchased a new stake in Harmony Gold Mining during the 4th quarter valued at about $75,000. Finally, Quantbot Technologies LP purchased a new stake in Harmony Gold Mining during the 4th quarter valued at about $77,000. Hedge funds and other institutional investors own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, 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.

Harmony Gold Mining Price Performance

Shares of NYSE:HMY opened at $14.62 on Monday. Harmony Gold Mining Company Limited has a fifty-two week low of $7.97 and a fifty-two week high of $18.77. The business has a 50-day simple moving average of $14.71 and a two-hundred day simple moving average of $13.10. 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 firm has a market cap of $9.28 billion, a price-to-earnings ratio of 8.65, a price-to-earnings-growth ratio of 0.09 and a beta of 0.94.

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.

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