Public Employees Retirement System of Ohio Purchases New Stake in Harmony Gold Mining Company Limited $HMY

Public Employees Retirement System of Ohio acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 62,618 shares of the mining company’s stock, valued at approximately $952,000.

Several other large investors have also recently bought and sold shares of HMY. Ballentine Partners LLC lifted its holdings in Harmony Gold Mining by 5.0% in the fourth quarter. Ballentine Partners LLC now owns 12,859 shares of the mining company’s stock valued at $256,000 after acquiring an additional 607 shares during the period. GAMMA Investing LLC increased its holdings in shares of Harmony Gold Mining by 7.6% in the 2nd quarter. GAMMA Investing LLC now owns 9,548 shares of the mining company’s stock valued at $145,000 after purchasing an additional 678 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Harmony Gold Mining by 15.5% in the 1st quarter. Parallel Advisors LLC now owns 6,364 shares of the mining company’s stock valued at $98,000 after purchasing an additional 852 shares in the last quarter. Vise Technologies Inc. lifted its stake in shares of Harmony Gold Mining by 4.5% in the fourth quarter. Vise Technologies Inc. now owns 24,002 shares of the mining company’s stock valued at $478,000 after purchasing an additional 1,030 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of Harmony Gold Mining by 11.5% in the first quarter. Royal Bank of Canada now owns 11,003 shares of the mining company’s stock valued at $169,000 after purchasing an additional 1,136 shares during the period. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Stock Down 0.2%

NYSE HMY opened at $20.23 on Wednesday. The business’s 50-day moving average price is $17.94 and its 200 day moving average price is $17.31. The company has a current ratio of 0.84, a quick ratio of 0.64 and a debt-to-equity ratio of 0.03. Harmony Gold Mining Company Limited has a twelve month low of $13.03 and a twelve month high of $26.06.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HMY. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Harmony Gold Mining in a report on Friday, July 17th. Wall Street Zen upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Sunday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Harmony Gold Mining presently has an average rating of “Moderate Buy”.

About Harmony Gold Mining

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.