SBI Securities Co. Ltd. Has $4.16 Million Stock Position in Harmony Gold Mining Company Limited (NYSE:HMY)

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

Several other institutional investors also recently modified their holdings of HMY. American Century Companies Inc. lifted its position in shares of Harmony Gold Mining by 5.5% during the 4th quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock worth $27,193,000 after buying an additional 171,282 shares during the period. Millennium Management LLC lifted its position 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 worth $21,635,000 after buying an additional 982,740 shares during the period. Mackenzie Financial Corp lifted its position in shares of Harmony Gold Mining by 12.0% during the 4th 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 bought a new position in shares of Harmony Gold Mining during the 4th quarter worth approximately $11,903,000. Finally, Lazard Asset Management LLC lifted its position in shares of Harmony Gold Mining by 32.1% during the 4th quarter. Lazard Asset Management LLC now owns 1,248,459 shares of the mining company's stock worth $10,249,000 after buying an additional 303,723 shares during the period. Institutional investors and hedge funds own 31.79% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on HMY shares. BMO Capital Markets assumed coverage on Harmony Gold Mining in a research report on Thursday. They set a "market perform" rating and a $16.00 target price for the company. Hsbc Global Res upgraded Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Harmony Gold Mining currently has an average rating of "Hold" and an average target price of $12.20.

Harmony Gold Mining Price Performance

HMY traded down $0.09 during trading on Thursday, hitting $14.02. The company's stock had a trading volume of 2,595,342 shares, compared to its average volume of 5,388,415. The firm's 50 day moving average price is $14.57 and its two-hundred day moving average price is $13.20. The company has a quick ratio of 1.46, a current ratio of 1.84 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a 12 month low of $7.97 and a 12 month high of $18.77. The stock has a market capitalization of $8.90 billion, a price-to-earnings ratio of 8.30, a price-to-earnings-growth ratio of 0.09 and a beta of 0.94.

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.