SG Americas Securities LLC cut its holdings in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 46.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,065 shares of the mining company's stock after selling 24,459 shares during the period. SG Americas Securities LLC's holdings in Harmony Gold Mining were worth $415,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in HMY. Jones Financial Companies Lllp grew its holdings in shares of Harmony Gold Mining by 230.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after purchasing an additional 4,081 shares in the last quarter. Parallel Advisors LLC boosted its position in Harmony Gold Mining by 71.4% in the 1st quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company's stock valued at $70,000 after buying an additional 1,961 shares during the period. Optiver Holding B.V. acquired a new position in shares of Harmony Gold Mining in the fourth quarter worth $75,000. Quantbot Technologies LP purchased a new stake in shares of Harmony Gold Mining during the fourth quarter worth $77,000. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of Harmony Gold Mining in the fourth quarter valued at $82,000. Institutional investors and hedge funds own 31.79% of the company's stock.
Analysts Set New Price Targets
HMY has been the subject of several analyst reports. 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 upgraded Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th.
View Our Latest Research Report on HMY
Harmony Gold Mining Stock Down 3.7%
Shares of HMY traded down $0.51 during midday trading on Friday, reaching $13.40. The stock had a trading volume of 4,697,732 shares, compared to its average volume of 5,469,130. The company has a market cap of $8.50 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 0.18 and a beta of 0.98. The company's fifty day simple moving average is $15.03 and its two-hundred day simple moving average is $12.67. Harmony Gold Mining Company Limited has a 1-year low of $7.97 and a 1-year high of $18.77. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.84 and a quick ratio of 1.46.
Harmony Gold Mining Profile
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Free Report)
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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