Squarepoint Ops LLC bought a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 34,005 shares of the mining company's stock, valued at approximately $279,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Harmony Gold Mining during the 4th quarter worth approximately $624,000. Jump Financial LLC bought a new stake in Harmony Gold Mining during the fourth quarter worth $174,000. Walleye Capital LLC bought a new stake in Harmony Gold Mining during the fourth quarter worth $985,000. ABC Arbitrage SA bought a new stake in Harmony Gold Mining during the fourth quarter worth $20,229,000. Finally, Bank of America Corp DE raised its position in Harmony Gold Mining by 4.9% during 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 acquiring an additional 58,138 shares in the last quarter. Institutional investors own 31.79% of the company's stock.
Analyst Ratings Changes
Several equities analysts have commented on HMY shares. Hsbc Global Res upgraded shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th.
View Our Latest Analysis on Harmony Gold Mining
Harmony Gold Mining Price Performance
Harmony Gold Mining stock traded down $0.35 during trading hours on Tuesday, reaching $14.57. 4,553,073 shares of the stock were exchanged, compared to its average volume of 5,366,922. The company has a market cap of $9.25 billion, a P/E ratio of 8.62, a price-to-earnings-growth ratio of 0.63 and a beta of 0.98. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. Harmony Gold Mining Company Limited has a twelve month low of $7.97 and a twelve month high of $18.77. The stock has a 50 day moving average of $15.35 and a two-hundred day moving average of $12.18.
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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