SBI Securities Co. Ltd. Takes Position in Harmony Gold Mining Company Limited (NYSE:HMY)

SBI Securities Co. Ltd. purchased a new position in Harmony Gold Mining Company Limited (NYSE:HMY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 180,073 shares of the mining company’s stock, valued at approximately $1,478,000.

A number of other hedge funds also recently bought and sold shares of HMY. Hara Capital LLC purchased a new position in Harmony Gold Mining in the third quarter worth about $38,000. Grove Bank & Trust raised its holdings in Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after acquiring an additional 4,000 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Harmony Gold Mining by 230.3% in the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company’s stock valued at $48,000 after acquiring an additional 4,081 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Harmony Gold Mining during the 3rd quarter valued at $1,035,000. Finally, Alliance Wealth Advisors LLC UT purchased a new stake in Harmony Gold Mining during the 4th quarter valued at $88,000. Institutional investors own 31.79% of the company’s stock.

Harmony Gold Mining Trading Down 1.3 %

Shares of HMY stock opened at $9.95 on Monday. The stock has a market capitalization of $6.31 billion, a P/E ratio of 5.88, a P/E/G ratio of 0.63 and a beta of 1.75. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $10.17 and its 200 day moving average is $10.00. Harmony Gold Mining Company Limited has a 12-month low of $5.68 and a 12-month high of $12.48.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price target on Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a report on Tuesday, November 12th. StockNews.com cut shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th.

About Harmony Gold Mining

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.