Vident Advisory LLC Has $1.69 Million Stake in Harmony Gold Mining Company Limited $HMY

Key Points

• Vident Advisory LLC has increased its stake in Harmony Gold Mining Company Limited by 25.2%, bringing its total holdings to $1.69 million.
• Institutional investors own 31.79% of Harmony Gold Mining's stock, with several firms acquiring new positions and significantly increasing their holdings in Q1.
• Analysts currently have a consensus rating of "Hold" on the stock, with a price target averaging $12.20, despite recent fluctuations in its performance.

Vident Advisory LLC increased its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) by 25.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,306 shares of the mining company's stock after purchasing an additional 23,026 shares during the period. Vident Advisory LLC's holdings in Harmony Gold Mining were worth $1,688,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC grew its stake in shares of Harmony Gold Mining by 11.1% during the first quarter. GAMMA Investing LLC now owns 8,689 shares of the mining company's stock worth $128,000 after purchasing an additional 866 shares during the period. Stifel Financial Corp grew its stake in Harmony Gold Mining by 1.6% in the fourth quarter. Stifel Financial Corp now owns 54,911 shares of the mining company's stock valued at $451,000 after acquiring an additional 881 shares during the period. Parallel Advisors LLC grew its stake in Harmony Gold Mining by 71.4% in the first quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company's stock valued at $70,000 after acquiring an additional 1,961 shares during the period. Spire Wealth Management acquired a new position in Harmony Gold Mining in the first quarter valued at about $33,000. Finally, Segall Bryant & Hamill LLC grew its stake in Harmony Gold Mining by 7.3% in the first quarter. Segall Bryant & Hamill LLC now owns 39,800 shares of the mining company's stock valued at $588,000 after acquiring an additional 2,700 shares during the period. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Stock Up 0.6%

Shares of NYSE:HMY traded up $0.09 during mid-day trading on Friday, reaching $14.10. 8,214,176 shares of the stock were exchanged, compared to its average volume of 5,175,555. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 0.04. The company has a market cap of $8.95 billion, a P/E ratio of 8.34, a P/E/G ratio of 0.12 and a beta of 0.80. Harmony Gold Mining Company Limited has a one year low of $7.97 and a one year high of $18.77. The stock's 50 day simple moving average is $14.63 and its 200-day simple moving average is $14.32.

Analyst Ratings Changes

A number of research analysts have issued reports on HMY shares. Zacks Research cut Harmony Gold Mining from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. BMO Capital Markets started coverage on Harmony Gold Mining in a research note on Thursday, July 17th. They issued a "market perform" rating and a $16.00 target price for the company. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $12.20.

Harmony Gold Mining 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.